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21061 Sherman Way, Los Angeles, CA 91303
Fully occupied center with an automotive anchor and established tenancy.
Property Size16,000 SF
Days on Market141
Property Features for 21061 Sherman Way
General Information
Standard status
Active
Size
16,000 SF
Property subtype
Retail
Occupancy
100%
Site & Location
Anchor Co-Tenants
O'Reilly Auto Parts
Traffic Count
40,000 vehicles/day
Road Access
Yes
Building Details
Tenancy
Multi
Listing Agency:
Sands Investment Group Los Angeles
Listed By:
Adam Scherr · License #CA 01925644
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 30 at 8:10AM
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 Sands Investment Group Los Angeles
Investment Insights
Based on property information with market context.
This 16,000-square-foot shopping center is fully occupied and includes O'Reilly Auto Parts as its anchor tenant. O'Reilly Auto Parts has occupied the property since 1998, with its tenancy extending through 2028. Current operations do not include NNN expense pass-throughs, and existing rents are identified for adjustment to market levels.
The property is positioned at the signalized intersection of Sherman Way and Variel Avenue, where traffic exceeds 40,000 vehicles per day. Its address is 21061 Sherman Way, Los Angeles, CA 91303.
The property is positioned at the signalized intersection of Sherman Way and Variel Avenue, where traffic exceeds 40,000 vehicles per day. Its address is 21061 Sherman Way, Los Angeles, CA 91303.
Key Highlights
- 16,000‑square‑foot shopping center
- 100% occupied with O'Reilly Auto Parts as the anchor tenant
- O'Reilly Auto Parts tenancy extends through 2028
Property Analytics
Current Use
Lease Details
40,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,236
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 53%
Dining 23%
Shops & Services 21%
Electronics 3%
Vallarta Supermarket
Groceries
46,304 visits/mo
0.4 miles
7-Eleven
Shops & Services
9,104 visits/mo
0.5 miles
Del Taco
Dining
7,367 visits/mo
0.5 miles
Kwik Stop
Shops & Services
7,050 visits/mo
0.1 miles
KFC
Dining
5,296 visits/mo
0.5 miles
Demographics for 91303, CA
28,457
Population
11,073
Households
2.6
Avg Household Size
34
Median Age
25%
College-Educated
77%
High-School Grad
2.1 sq mi
ZIP Area
13,551
Density / Sq Mi
$76,051
Median Household Income
$35,649
Median Earnings
$1,983
Median Rent
$645,300
Median Home Value
Market
Vacancy Rate% for Retail in Los Angeles, CA
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Frequently Asked Questions
What type of property is this?
Shopping center - Fully occupied center with an automotive anchor and established tenancy.
Where is this shopping center located?
The property is located at 21061 Sherman Way Los Angeles, CA.
What are key features of this property?
This property features: 16,000‑square‑foot shopping center; 100% occupied with O'Reilly Auto Parts as the anchor tenant; O'Reilly Auto Parts tenancy extends through 2028
