Profitable Dental Practice For
For Sale
Contact for pricing
17607 Sherman Way, Los Angeles, CA 91406
Established dental practice in Van Nuys shopping center with growth potential.
Property Size1,230 SF
Price / SF$284.55
Days on Market314
Property Features for 17607 Sherman Way
General Information
Standard status
Active
Size
1,230 SF
Property subtype
Business for Sale
Zoning
LAC2
Occupancy
100%
Lease Type
NNN
Investment Type
Owner/User
Building Details
Tenancy
Multi
Listing Agency:
Lifetime Realty & Investments
(323) 684-6935
Listed By:
Tommy Kim · License #01795209
Source:
Crexi
Added: Oct 4, 2025
Changed: Aug 10
Last Checked: Aug 12 at 7:53AM
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 Lifetime Realty & Investments
Investment Insights
Based on property information with market context.
This profitable dental practice is located in a prime Van Nuys shopping center, offering high visibility and consistent patient traffic. Established in 2021, the practice has demonstrated steady growth in sales and profit, making it suitable for both new and experienced dental professionals. The facility features 3 fully equipped treatment rooms with built-in vanities, a private office, an X-ray room, and a break room. Approximately $160,000 in owned furniture, fixtures, and equipment are included. The location provides ample parking and steady foot traffic. The practice has a loyal patient base with positive reviews on Google and Yelp. This practice represents an opportunity to acquire a profitable business poised for continued expansion. The property size is 1230 square feet. The seller is also offering a second established practice in Koreatown.
Key Highlights
- Profitable dental practice with a proven track record of growth and strong net profit.
- Prime location in a busy Van Nuys shopping center with high visibility and consistent patient traffic.
- Turnkey operation with 3 fully equipped treatment rooms, private office, X‑ray room, and break room.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,813
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$456,260
$456.3K
Cap Rate 7%
$325,900
$325.9K
Cap Rate 9%
$253,478
$253.5K
Market Conditions
NOI Build-Up for 1,230 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$41.3K $33.60/SF
− Vacancy
−$3.3K −$2.69/SF
EGI
$38.0K $30.91/SF
− OpEx
−$15.2K −$12.36/SF
NOI
$22.8K $18.55/SF
Area
Los Angeles, CA
Vacancy
8.00%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$456,260
Cap Rate 7%
$325,900
Cap Rate 9%
$253,478
Alternative Uses
Best Use
Healthcare Medical
$325.9K
$285.2K – $380.2K
NOI $22,813 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$24.92M
$21.80M – $29.07M
NOI $1,744,334 @ 7.0% cap · market cap 498.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,070
Businesses Nearby
Explore this area
Business Placement
Demographics for 91406, CA
53,252
Population
19,650
Households
2.7
Avg Household Size
37
Median Age
29%
College-Educated
77%
High-School Grad
8.1 sq mi
ZIP Area
6,574
Density / Sq Mi
$76,653
Median Household Income
$41,469
Median Earnings
$1,859
Median Rent
$765,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Medical center - Established dental practice in Van Nuys shopping center with growth potential.
Where is this medical center located?
The property is located at 17607 Sherman Way Los Angeles, CA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Profitable dental practice with a proven track record of growth and strong net profit.; Prime location in a busy Van Nuys shopping center with high visibility and consistent patient traffic.; Turnkey operation with **3 fully equipped treatment rooms**, private office, X‑ray room, and break room.
