Corner Strip Center Retail
8662-8678 Lindley Ave, Northridge, CA
For Sale
Contact for pricing
Corner retail suite in a well-patronized strip center with monument signage opportunity and ample onsite parking.
Property Size12,000 SF
Days on Market139
Property Features for 8662-8678 Lindley Ave
General Information
Standard status
Size
Property subtype
Lease Term
Additional Details
Traffic Count
Building Details
Building Size
Year Built
Properties For Sale
at 8662-8678 Lindley Ave
8666 Lindley Ave
Size
1,000 SF
Type
Strip Center
Term
Negotiable
Listing Agency:
CBM1
Listed By:
David Guardado · License CA #01837493
(818) 854-0861
Source:
Cbm1
Added: Jun 25
Changed: Oct 25
Last Checked: Nov 10 at 5:30AM
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 CBM1
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Investment Insights
Based on property information with market context.
Retail space is available in a well-patronized corner strip center, offering approximately 1,200 square feet of ground-level storefront space. The offering includes a monument signage opportunity and convenient access supported by entrances on both cross streets, with ample parking in an onsite lot.
The property is positioned on the busy, signalized intersection of Lindley and Parthenia, with high street visibility. Public remarks cite approximately 30,853 vehicles per day on Lindley (CPD), along with access characteristics designed for regular customer traffic.
This configuration can work well for retail tenants seeking direct frontage and easy parking for visitors, while monument-style signage supports brand visibility from the roadway. The corner placement and two-street access provide flexibility for storefront presentation within a busy retail environment. Proximity to Cal State Northridge is also noted in the public remarks, supporting a consumer base drawn from the surrounding area.
The property is positioned on the busy, signalized intersection of Lindley and Parthenia, with high street visibility. Public remarks cite approximately 30,853 vehicles per day on Lindley (CPD), along with access characteristics designed for regular customer traffic.
This configuration can work well for retail tenants seeking direct frontage and easy parking for visitors, while monument-style signage supports brand visibility from the roadway. The corner placement and two-street access provide flexibility for storefront presentation within a busy retail environment. Proximity to Cal State Northridge is also noted in the public remarks, supporting a consumer base drawn from the surrounding area.
Key Highlights
- Approx. 1,200 SF retail space for lease in a well‑patronized corner strip center
- Onsite lot with ample parking
- Convenient access with entrances on both cross streets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,849
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,980
$557.0K
Cap Rate 7%
$397,843
$397.8K
Cap Rate 9%
$309,433
$309.4K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$44.4K $36.96/SF
− Vacancy
−$4.6K −$3.81/SF
EGI
$39.8K $33.15/SF
− OpEx
−$11.9K −$9.95/SF
NOI
$27.8K $23.21/SF
Area
Los Angeles, CA
Vacancy
10.30%
Lease Rate
$36.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$556,980
Cap Rate 7%
$397,843
Cap Rate 9%
$309,433
Alternative Uses
Best Use
Retail
$397.8K
$348.1K – $464.2K
NOI $27,849 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$501.0K
$438.4K – $584.5K
NOI $35,071 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
30,853 VPD
Traffic count
Location Intelligence
Trade Area within ½ mile
1,544
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Strip malls in Los Angeles County, CA
Properties on Market for Strip malls in Los Angeles County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Strip mall - Corner retail suite in a well-patronized strip center with monument signage opportunity and ample onsite parking.
Where is this strip mall located?
The property is located at 8662-8678 Lindley Ave Northridge, CA.
What are key features of this property?
This property features: Approx. 1,200 SF retail space for lease in a well‑patronized corner strip center; Onsite lot with ample parking; Convenient access with entrances on both cross streets
