Two-Story Retail Signage
18625 Sherman Way, Reseda, CA 91335
For Sale
Contact for pricing
Two former tenant spaces in a two-story shopping center with prominent street-facing signage and parking.
Property Size6,767 SF
Days on Market139
Property Features for 18625 Sherman Way
General Information
Standard status
Size
Property subtype
Lease Term
Additional Details
Highway Access
Building Details
Building Size
Year Built
Stories
Properties For Sale
at 18625 Sherman Way Contact us18625 Sherman Way, #108
Size
540 SF
Term
Negotiable
18625 Sherman Way, Reseda, CA 91335 840 SF
Size
840 SF
Type
Medical
Term
Negotiable
18625 Sherman Way, Reseda, CA 91335
Size
730 SF
Type
Street Retail
Term
Negotiable
2nd Fl-Ste 205
Size
718 SF
Type
Office Building
Term
Negotiable
Listed By:
Brett Mero · License CA #01190225
(818) 693-3200
Source:
Cbm1
Added: Jun 25
Changed: Nov 3
Last Checked: Nov 10 at 5:11AM
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 Brett Mero
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This property presents a two-story retail center offering two available storefront options: approximately 730 SF that was formerly a restaurant space and approximately 840 SF that was formerly a dental office. The building is designed for street-level customer access, with spaces positioned to take advantage of the site’s visibility and signage opportunities, including above-storefront and pole signage.
The center is located at the signalized intersection of Sherman Way and Capps Avenue in Reseda, CA, on a heavily trafficked corridor. The site provides ample front and rear parking and is described as having outstanding street visibility along Sherman Way. Nearby freeway access is noted with proximity to 405 and 118 and 101 freeways.
These spaces can fit a range of retail and service users seeking established storefront layouts and strong exposure to passing traffic. The combination of two available former use spaces, ample parking, and high-visibility signage makes the property a practical choice for operators who want a retail presence along a prominent local shopping thoroughfare, supported by a stated 3-mile population of 249,083 and an average household income of approximately $71,918.
The center is located at the signalized intersection of Sherman Way and Capps Avenue in Reseda, CA, on a heavily trafficked corridor. The site provides ample front and rear parking and is described as having outstanding street visibility along Sherman Way. Nearby freeway access is noted with proximity to 405 and 118 and 101 freeways.
These spaces can fit a range of retail and service users seeking established storefront layouts and strong exposure to passing traffic. The combination of two available former use spaces, ample parking, and high-visibility signage makes the property a practical choice for operators who want a retail presence along a prominent local shopping thoroughfare, supported by a stated 3-mile population of 249,083 and an average household income of approximately $71,918.
Key Highlights
- Two‑story shopping center (built 1986) with two former tenant spaces available
- Located at the signalized intersection of Sherman Way & Capps Avenue in Reseda, CA
- Former restaurant space available, +/- 730 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$157,043
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,140,860
$3.1M
Cap Rate 7%
$2,243,471
$2.2M
Cap Rate 9%
$1,744,922
$1.7M
Market Conditions
NOI Build-Up for 6,767 SF
Gross rent
$250.1K $36.96/SF
− Vacancy
−$25.8K −$3.81/SF
EGI
$224.3K $33.15/SF
− OpEx
−$67.3K −$9.95/SF
NOI
$157.0K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,140,860
Cap Rate 7%
$2,243,471
Cap Rate 9%
$1,744,922
Alternative Uses
Best Use
Retail
$2.24M
$1.96M – $2.62M
NOI $157,043 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.83M
$2.47M – $3.30M
NOI $197,771 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,449
Businesses Nearby
52k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 76%
Dining 24%
LUV Car Wash
Shops & Services
18,741 visits/mo
0.4 miles
Wells Fargo
Shops & Services
15,529 visits/mo
0.4 miles
A&W Restaurant
Dining
10,614 visits/mo
0.3 miles
Pep Boys Auto Parts & Service
Shops & Services
3,768 visits/mo
0.4 miles
Cancun Mexican Restaurant
Dining
2,037 visits/mo
0.4 miles
Demographics for 91335, CA
76,650
Population
25,615
Households
3
Avg Household Size
39
Median Age
30%
College-Educated
78%
High-School Grad
6.6 sq mi
ZIP Area
11,614
Density / Sq Mi
$77,164
Median Household Income
$37,470
Median Earnings
$1,811
Median Rent
$700,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Shopping centers in Los Angeles County
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Two former tenant spaces in a two-story shopping center with prominent street-facing signage and parking.
Where is this shopping center located?
The property is located at 18625 Sherman Way Reseda, CA.
What are key features of this property?
This property features: Two‑story shopping center (built 1986) with two former tenant spaces available; Located at the signalized intersection of Sherman Way & Capps Avenue in Reseda, CA; Former restaurant space available, +/- 730 SF
