Multi-Tenant Retail
For Sale
$1,390,000
5725 Lankershim, North Hollywood, CA 91601
Fully renovated multi-tenant retail property with new roof, upgraded electrical panel, and resurfaced parking with gated access.
Property Size2,261 SF
Days on Market85
Property Features for 5725 Lankershim
General Information
Standard status
Active
Size
2,261 SF
Property subtype
Mixed Use
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
2,261 SF
Year Built
1945
Tenancy
Multi
Listing Agency:
Keller Williams R. E. Services
(747) 272-3373
Listed By:
Meghmick Hazarmaliyan · License #02109372
Source:
Truthrealty
Added: Jun 8
Changed: Aug 28
Last Checked: Aug 30 at 9:10PM
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 Keller Williams R. E. Services
Investment Insights
Based on property information with market context.
5725 Lankershim Boulevard is a fully renovated, multi-tenant commercial and retail property with recent capital improvements including a new roof, upgraded electrical panel, and resurfaced parking lot. The site includes secure fenced and gated parking, supporting tenant and customer access.
The property benefits from visibility along Lankershim Boulevard, a major commercial corridor noted for strong daily traffic counts. It is located within a dense and growing trade area, surrounded by over 250,000 residents within a three-mile radius, with convenient access to the 170, 101, and 5 Freeways.
The property benefits from visibility along Lankershim Boulevard, a major commercial corridor noted for strong daily traffic counts. It is located within a dense and growing trade area, surrounded by over 250,000 residents within a three-mile radius, with convenient access to the 170, 101, and 5 Freeways.
Key Highlights
- Fully renovated multi‑tenant commercial and retail property at 5725 Lankershim Boulevard
- Recent capital improvements include a new roof, upgraded electrical panel, and resurfaced parking lot
- Secure fenced and gated parking on‑site
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,024
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.60%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,000,480
$1.0M
Cap Rate 7%
$714,629
$714.6K
Cap Rate 9%
$555,822
$555.8K
Market Conditions
NOI Build-Up for 2,261 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$76.5K $33.84/SF
− Vacancy
−$5.0K −$2.23/SF
EGI
$71.5K $31.61/SF
− OpEx
−$21.4K −$9.48/SF
NOI
$50.0K $22.12/SF
Area
Los Angeles County, CA
Vacancy
6.60%
Lease Rate
$33.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,000,480
Cap Rate 7%
$714,629
Cap Rate 9%
$555,822
Alternative Uses
Best Use
Retail
$714.6K
$625.3K – $833.7K
NOI $50,024 @ 7.0% cap · market cap 3.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,737 @ 7.0% cap · market cap 6.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
2,033
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91601, CA
39,429
Population
20,539
Households
1.9
Avg Household Size
35
Median Age
51%
College-Educated
89%
High-School Grad
2.6 sq mi
ZIP Area
15,165
Density / Sq Mi
$77,540
Median Household Income
$48,907
Median Earnings
$2,115
Median Rent
$961,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Storefront property - Fully renovated multi-tenant retail property with new roof, upgraded electrical panel, and resurfaced parking with gated access.
Where is this storefront property located?
The property is located at 5725 Lankershim North Hollywood, CA.
What is the asking price?
The asking price for this property is $1,390,000.
What are key features of this property?
This property features: Fully renovated multi‑tenant commercial and retail property at 5725 Lankershim Boulevard; Recent capital improvements include a new roof, upgraded electrical panel, and resurfaced parking lot; Secure fenced and gated parking on‑site
