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NNN Storefront Retail Building
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Pending

21625 Sherman Way, Los Angeles, CA 91303

Single-tenant retail building with an extended 10-year net lease and adjacent public parking.

Property SizeContact for details
Days on Market141

Property Features for 21625 Sherman Way

General Information

Standard status Pending
Property subtype Retail
Listing Agency: Arbor Realty Capital Advisors
Listed By: Josh Levy · License #CA 01068569
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 29 at 9:22PM

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 Arbor Realty Capital Advisors

Investment Insights

Based on property information with market context.

This single-tenant storefront property includes a +/- 1,970 square foot retail building on a +/- 3,499 square foot lot. Romantix occupies the building under a net lease that was recently extended for an additional 10 years, providing a defined lease term for the property’s current occupancy.

The property is located on Sherman Way between Canoga Avenue and Topanga Canyon Boulevard in Canoga Park, California. Its setting along an arterial road places it among local, regional, and national businesses. Public parking lots directly adjacent to the property provide additional visitor access, while the surrounding Canoga Park retail market has a vacancy rate below 4%.

Key Highlights

  • +/- 1,970 square foot retail building
  • +/ - 3,499 square foot lot
  • Single tenant: Romantix

Property Analytics

Current Use

Storefront properties

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.

Location Intelligence

Trade Area within ½ mile

1,236
Businesses Nearby
87k
Monthly Visits Nearby
Under-served
Demand for This Use

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

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?
Storefront property - Single-tenant retail building with an extended 10-year net lease and adjacent public parking.
Where is this storefront property located?
The property is located at 21625 Sherman Way Los Angeles, CA.
What are key features of this property?
This property features: +/- 1,970 square foot retail building; +/ - 3,499 square foot lot; Single tenant: Romantix
More about this property
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