Retail and Office
For Sale
Contact for pricing
8901-8941 De Soto Ave, Canoga Park, CA
High-street visibility with front and rear parking, offering flexible retail and office suite options.
Property Size4,600 SF
Days on Market115
Property Features for 8901-8941 De Soto Ave
General Information
Standard status
Active
Size
4,600 SF
Property subtype
Retail
Lease Term
NNN; Gross
Additional Details
Highway Access
Yes
Building Details
Building Size
4,600 SF
Year Built
1965
Properties For Sale
at 8901-8941 De Soto Ave Contact us8901 – Restaurant Space
Size
3,200 SF
Type
Neighborhood Center
Term
Negotiable
8921 #206 – Office Space
Size
700 SF
Type
Office
Term
Negotiable
8927 – Retail Shop Space
Size
1,000 SF
Type
Retail space
Term
Negotiable
8937 #203 – Office Space
Size
400 SF
Type
Office
Term
Negotiable
Listing Agency:
CBM1
Listed By:
David Guardado · License #CalDRE #1837493
(818) 854-0861
Source:
Cbm1
Added: Jun 25
Changed: Oct 3
Last Checked: Oct 16 at 7:44AM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use storefront property includes both retail and office spaces with suite-ready interiors. Retail space is identified at approximately 1,000 SF, with additional retail options listed at approximately 400 SF and 633 SF, while an office space is noted at approximately 700 SF. Interior features include central air and heating, drop ceilings, and utilities included.
The property is described as having strong high-street visibility along a main thoroughfare in Canoga Park, with convenient freeway access on the primary route to the 118 and 101 Freeways. Onsite parking is available in both front and rear parking lots. The location is positioned near Chatsworth industrial parks and is surrounded by multi-family dwellings.
The combination of retail and office configurations, central climate control, and ample onsite parking supports a range of tenant uses looking for straightforward storefront presence with easy access for customers and staff. Available front and rear access can also support day-to-day operations and loading needs for tenants requiring flexible entry points.
The property is described as having strong high-street visibility along a main thoroughfare in Canoga Park, with convenient freeway access on the primary route to the 118 and 101 Freeways. Onsite parking is available in both front and rear parking lots. The location is positioned near Chatsworth industrial parks and is surrounded by multi-family dwellings.
The combination of retail and office configurations, central climate control, and ample onsite parking supports a range of tenant uses looking for straightforward storefront presence with easy access for customers and staff. Available front and rear access can also support day-to-day operations and loading needs for tenants requiring flexible entry points.
Key Highlights
- Approximately 1,000 SF retail space plus additional areas totaling approximately 633 SF and 700 SF office space
- Flexible front and rear access with ample onsite parking in front and rear parking lots
- Central air and heating, with drop ceilings throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$106,753
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,135,060
$2.1M
Cap Rate 7%
$1,525,043
$1.5M
Cap Rate 9%
$1,186,144
$1.2M
Market Conditions
NOI Build-Up for 4,600 SF
Gross rent
$170.0K $36.96/SF
− Vacancy
−$17.5K −$3.81/SF
EGI
$152.5K $33.15/SF
− OpEx
−$45.8K −$9.95/SF
NOI
$106.8K $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%
$2,135,060
Cap Rate 7%
$1,525,043
Cap Rate 9%
$1,186,144
Alternative Uses
Best Use
Retail
$1.53M
$1.33M – $1.78M
NOI $106,753 @ 7.0% cap · market cap 5,337,650.00%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$93.19M
$81.54M – $108.73M
NOI $6,523,527 @ 7.0% cap · market cap 326,176,350.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,544
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - High-street visibility with front and rear parking, offering flexible retail and office suite options.
Where is this shopping center located?
The property is located at 8901-8941 De Soto Ave Canoga Park, CA.
What are key features of this property?
This property features: Approximately 1,000 SF retail space plus additional areas totaling approximately 633 SF and 700 SF office space; Flexible front and rear access with ample onsite parking in front and rear parking lots; Central air and heating, with drop ceilings throughout
