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Prime Sherman Oaks Retail Outparcel
For Lease
$6.50 SF/Yr

4801 Hazeltine Avenue Sherman Oaks CA 91423, Van Nuys, CA 91423

Highly visible outparcel in prime Sherman Oaks

Space SizeContact for details
Days on Market578

Property Features for 4801 Hazeltine Avenue Sherman Oaks CA 91423

General Information

Standard status Active
Property type Other retail properties, Individual retail properties, Shopping centers, Retail properties & Spaces
Elevators N/A
Rate Type Yearly
Listing Agency:
Listed By: Kyle
Added: Jan 29, 2025 Changed: Mar 16

Investment Insights

Based on property information with market context.

This 3,068 square foot free-standing outparcel is located in Sherman Oaks, CA 91423. Situated at 4801 Hazeltine Avenue, the property boasts visibility at a highly visible intersection with a daily car count of 54,473. Anchored by a top-performing Trader Joe's, this grocery-anchored center benefits from foot traffic. The property offers four distinct and prominent signage opportunities. Its location provides direct access to the 101 Freeway. Flexible zoning allows for a variety of uses, including medical tenants, restaurants, fitness centers, and other daily needs or service businesses. The property's proximity to Westfield Fashion Center, the Citrus Commons creative campus, and Notre Dame High School enhances its appeal and accessibility. The property represents an investment in a thriving Sherman Oaks commercial district. The high traffic counts and strategic location make this an opportunity for businesses seeking visibility and accessibility.

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Storage Facility Auto Parts Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Bed & Breakfast Parking Lot & Garage

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
$0.98 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,471
Businesses Nearby
160k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 46% Groceries 43% Shops & Services 9% Beauty & Spa 2%
Ralphs Groceries
68,324 visits/mo 0.4 miles
McDonald's Dining
34,656 visits/mo 0.2 miles
Taco Bell Dining
15,586 visits/mo 0.5 miles
Starbucks Dining
8,171 visits/mo 0.3 miles
Mendocino Farms Dining
7,780 visits/mo 0.5 miles

Demographics for 91423, CA

32,635
Population
16,678
Households
2
Avg Household Size
40
Median Age
63%
College-Educated
97%
High-School Grad
4.1 sq mi
ZIP Area
7,960
Density / Sq Mi
$112,119
Median Household Income
$66,538
Median Earnings
$2,239
Median Rent
$1,323,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Other retail property - Highly visible outparcel in prime Sherman Oaks
Where is this other retail property located?
The property is located at 4801 Hazeltine Avenue Sherman Oaks CA 91423 Van Nuys, CA.
What is the lease rate?
The lease rate is $6.50 SF/Yr.
More about this property
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