Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    11937 wilshire blvd Brentwood, CA 90025

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime retail space in Brentwood with high traffic and visibility.

    Type:Retail
    Added:
    Jan 27, 2026
    Days on Market:
    64
    Last Refresh:
    Mar 25 at 11:33 pm

    Property Features for 11937 wilshire blvd

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 11937 wilshire blvd Contact us

    We can help!

    Listing Contact
    Bryan Norcott

    Listing agent Bryan Norcott License #CA RE Lic. #01200077

    Listing office Newmark

    Listing date Jan 27, 2026

    Source Nmrk

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Newmark

    Overview

    Brentwood Retail Space on Wilshire

    Located on Wilshire Boulevard between Barrington Avenue and Bundy Drive, this retail space is situated in the Brentwood trade area. The property benefits from its location in a dense urban environment with high traffic, seeing over 41,000 cars per day. The center provides two levels of free parking for both employees and customers. Tenants enjoy prominent street frontage and benefit from the area's strong demographics. The location is part of a busy office and retail corridor, near retailers such as Trader Joe’s, Bristol Farms, Target, Whole Foods, BevMo!, and Petco.
    Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Restaurant Law Firm Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Vinci Plaza — 11901 Santa Monica Blvd, Los Angeles, CA 90025
    • The plaza on Santa Monica — 12113 Santa Monica Blvd, Los Angeles, CA 90025
    • Palm Plaza — 12229 Santa Monica Blvd, Los Angeles, CA 90025
    • George Town Plaza — 11870 Santa Monica Blvd, Los Angeles, CA 90025
    • Niakan Center — 12200 Wilshire Blvd, Los Angeles, CA 90025

    Location Insight

    • Map
    • Local Demand
    City
    Brentwood
    County
    Contra Costa
    State
    California
    Longitude
    -118.449
    Latitude
    34.047

    Nearby Similar for Lease

    • Contact for pricing

      Retail Space on Lone Tree

      Retail space available on Lone Tree Way in Brentwood, CA.
      6061 Lone Tree Way, Brentwood, CA 94513
      View Details
    • Contact for pricing

      Brentwood Medical Space For Lease

      Rare medical space in Brentwood with retail visibility and ample parking.
      6600 Lone Tree Way, Brentwood, CA 94513
      View Details
    • $16/mo

      Industrial Warehouse Space Available

      Industrial building featuring a fenced yard, available June 2025.
      390 Carrol Ct, Brentwood, CA
      View Details
    • Contact for pricing

      Retail Space in Brentwood Market

      Retail space with excellent frontage and parking in Brentwood.
      11684 San Vicente Blvd, Brentwood, CA 90049
      View Details
    • Contact for pricing

      Brentwood Retail Space Available

      Retail space in busy Brentwood center with anchor tenants.
      2ND STREET #E #e, Brentwood, CA 94513
      View Details
    • Contact for pricing

      Retail Space on Brentwood Blvd

      Retail space with high traffic and visibility on Brentwood Blvd.
      7710-7740 Brentwood Blvd, Brentwood, CA
      View Details
    • Contact for pricing

      Brentwood Industrial Space Available

      High-quality industrial building in Brentwood's Sunset Industrial Park.
      380 Carrol Court | Brentwood, CA 94513, CA 94513
      View Details
    • Contact for pricing

      Retail Space in Brentwood, CA

      Retail space available for lease in Brentwood, California.
      6730 Lone Tree Way, Brentwood, CA
      View Details
    • Contact for pricing

      Brentwood Office Space Available

      Office space available for rent in Brentwood, California.
      181 Sand Creek Rd, Brentwood, CA
      View Details
    • $1.75/mo

      Retail Space in Prime Location

      Retail space with high traffic and excellent exposure.
      2400-2490 Sand Creek Rd, Brentwood, CA
      View Details
    • Contact for pricing

      NNN Ground Lease For Sale

      NNN ground lease with corporate guaranty in Brentwood, CA.
      2355 Sand Creek Rd, Brentwood, CA
      View Details
    • Contact for pricing

      Brentwood Retail Space Available

      Retail space available for rent in Brentwood, California.
      8300 Brentwood Blvd, Brentwood, CA
      View Details

    FAQs

    What type of property is this?
    Shopping center - Prime retail space in Brentwood with high traffic and visibility.
    Where is this shopping center located?
    The property is located at 11937 wilshire blvd Brentwood, CA.
    What are key features of this property?
    This property features: Rare big box opportunity on the West Side; Located in the highly sought after Brentwood trade area on Wilshire Blvd.; High traffic location with over 41,000 CPD
    (213) 298-3595
    We can help!
    Listing Contact
    Bryan Norcott
    Real Estate License ID: CA RE Lic. #01200077
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!