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Retail/Office Space Near Orange Line
For Lease
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21355 Sherman Way, Los Angeles, CA 91303

Retail and office spaces near public transportation and parking.

Space Size600 SF - 1,200 SF
Property Size18,249 SF
Days on Market1719

Property Features for 21355 Sherman Way

General Information

Standard status Active
Size 600 SF - 1,200 SF
Property subtype Retail, Office, Restaurant

Building Details

Building Size 18,249 SF
Year Built 2007
Tenancy Multiple

Spaces For Lease

at 21355 Sherman Way Contact us

1st Floor, Suite 7219

Size
1,200 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

1st Floor, Suite 7224

Size
900 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us

Suite 7218

Size
800 SF
Type
Office, Restaurant, Retail
Availability
Active
Contact us

Suite 7230

Size
600 SF
Type
Office, Restaurant, Retail
Availability
Active
Contact us
Listing Agency: illi Commercial Real Estate
Listed By: Armen Tchapanian · License #CA 02041876
Source: Crexi
Added: Dec 10, 2021 Changed: Aug 23 Last Checked: Aug 25 at 8:38AM

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 illi Commercial Real Estate

Investment Insights

Based on property information with market context.

This commercial property offers retail and office spaces. It is situated adjacent to the new Orange Line and a parking facility, with an estimated daily ridership of 8,700. The property benefits from a busy intersection and is located within a State Enterprise Zone. It is positioned in a rapidly growing business community in the southwest region of the San Fernando Valley. The location features 24-hour access, a bus line, and a corner lot. A metro/subway pylon sign is present. The property is suitable for restaurant use and benefits from a signalized intersection and air conditioning.

Key Highlights

  • Adjacent to New Orange Line & Parking Facility (Estimated 8,700 Riders Daily)
  • Located in a Rapidly Growing Business Community
  • Busy Intersection in State Enterprise Zone

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Food Market Cafe & Coffee Shop Skin Care Clinic

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,236
Businesses Nearby
87k
Monthly Visits Nearby

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

Lease Benchmarks for Los Angeles, CA

$35.07 /SF/Yr
Avg Asking Price
$5.45–$95.4 /SF/Yr
Price Range
7,780 SF
Avg Space Size

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail and office spaces near public transportation and parking.
Where is this retail space located?
The property is located at 21355 Sherman Way Los Angeles, CA.
What are key features of this property?
This property features: Adjacent to New Orange Line & Parking Facility (Estimated 8,700 Riders Daily); Located in a Rapidly Growing Business Community; Busy Intersection in State Enterprise Zone
(818) 501-2212 Call to check price and availability
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