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Encino Office Space Available
For Lease
$30 SF/Yr Modified Gross

5535 Balboa Blvd # # # # Unit 220, Encino, CA 91316

5535 Balboa Blvd

Space Size853 SF
Days on Market227

Property Features for 5535 Balboa Blvd # # # # Unit 220

General Information

Standard status Active
Property type Office Spaces
Size 853 SF
Total Parking Spaces 97
Elevators Yes
Lease Type Modified Gross
Lease Term 3-4 Years
Rate Type Yearly

Building Details

Year Built 1978
Year Renovated 1988
Listing Agency:
Listed By: Todd
Added: Jan 14 Changed: Mar 16

Investment Insights

Based on property information with market context.

Located at 5535 Balboa Blvd in Encino, California, this office space offers building signage opportunities. The property has undergone recent renovations to the lobby and elevators. Its location provides convenient access to the 405 and 101 Freeways. Adjacent to the Balboa Golf Course and Tennis Center, the property is also near Ventura Blvd, with its variety of restaurants, shops and bars. The property has a size of 853 square feet.

Property Analytics

Current Use

Sean Pakdaman Ph.D. Physician Katie Rand Physician Stanley L. Goodman ... Physician Heart 2 Mind ... Physician Adapt Therapy Centers, ... Physician

Suggested Use

Top Pick Furniture & Home Goods Grocery & Convenience Store Catering Service Tattoo & Piercing Shop Parking Lot & Garage Hotel & Motel

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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

653
Businesses Nearby
Under-served
Demand for This Use

Demographics for 91316, CA

28,777
Population
13,602
Households
2.1
Avg Household Size
43
Median Age
58%
College-Educated
94%
High-School Grad
5.5 sq mi
ZIP Area
5,232
Density / Sq Mi
$90,802
Median Household Income
$57,845
Median Earnings
$2,104
Median Rent
$909,700
Median Home Value

Market

Lease Benchmarks for Encino, CA

$31.38 /SF/Yr
Avg Asking Price
$25.58–$42 /SF/Yr
Price Range
28,746 SF
Avg Space Size

This space is priced 4% below the average of $31.38 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
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Similar Off Market Nearby

  • Second Son Consulting, Inc. 6345 Balboa Blvd Suite 330, Building 2, Sepulveda Basin, CA 91316

Frequently Asked Questions

What type of property is this?
Office space - 5535 Balboa Blvd
Where is this office space located?
The property is located at 5535 Balboa Blvd # # # # Unit 220 Encino, CA.
What is the lease rate?
The lease rate is $30 SF/Yr.
More about this property
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