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Panera Bread NNN Retail Pad
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19662 Nordhoff St, Los Angeles, CA 91324

Long-term Panera Bread ground-lease offering an absolute NNN structure with operating expense recovery.

Property SizeContact for details
Days on Market124

Property Features for 19662 Nordhoff St

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Road Access Yes

Building Details

Tenancy Single
Listing Agency: Westpac Partners
Listed By: Mike Grannis · License #CA 01393628
Source: Crexi
Added: Apr 12 Changed: Aug 8 Last Checked: Jul 21 at 6:05AM

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 Westpac Partners

Investment Insights

Based on property information with market context.

This offering features a long-term national tenant, Panera Bread, in a dedicated retail pad configured for retail use. The lease is structured as an absolute NNN agreement with operating expense recovery.

The property is described as a high-traffic site within a dense, affluent trade area, positioned near major retailers including Target, Lowe’s, and Costco. It is located on a signalized hard corner with ingress/egress and abundant parking.

The surrounding retail draw includes proximity to Northridge Fashion Center, a 1,400,000 SF regional mall that attracts over 18 million shoppers per year, supporting the property’s established neighborhood retail environment.

Key Highlights

  • Long‑term Panera Bread ground‑lease offering with an absolute NNN structure
  • Absolute NNN lease with complete operating expense recovery
  • Signalized hard‑corner location with excellent ingress/egress and abundant parking

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Auto Parts Store Hotel & Motel Spa & Massage Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,587
Businesses Nearby
704k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 32% Superstores 31% Shops & Services 24% Dining 6%
Costco Wholesale Superstores
202,248 visits/mo 0.4 miles
DICK'S Sporting Goods Apparel
118,235 visits/mo 0.5 miles
Macy's Apparel
105,242 visits/mo 0.5 miles
Costco Gasoline Shops & Services
82,359 visits/mo 0.5 miles
Mitsuwa Marketplace Groceries
34,897 visits/mo 0.4 miles

Demographics for 91324, CA

29,500
Population
11,408
Households
2.6
Avg Household Size
39
Median Age
38%
College-Educated
86%
High-School Grad
4.3 sq mi
ZIP Area
6,860
Density / Sq Mi
$99,834
Median Household Income
$46,513
Median Earnings
$2,286
Median Rent
$869,200
Median Home Value

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Long-term Panera Bread ground-lease offering an absolute NNN structure with operating expense recovery.
Where is this retail space located?
The property is located at 19662 Nordhoff St Los Angeles, CA.
What are key features of this property?
This property features: Long‑term Panera Bread ground‑lease offering with an absolute NNN structure; Absolute NNN lease with complete operating expense recovery; Signalized hard‑corner location with excellent ingress/egress and abundant parking
(310) 567-1650 Call to check price and availability
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