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Retail Space on Sherman Way
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18247 Sherman Way, Los Angeles, CA 91335

Retail space available on major arterial Sherman Way in Reseda.

Space Size9,900 SF
Property Size22,400 SF
Days on Market1266

Property Features for 18247 Sherman Way

General Information

Standard status Active
Size 9,900 SF
Class B
Property subtype Retail

Building Details

Building Size 22,400 SF
Year Built 1953
Tenancy Single

Spaces For Lease

at 18247 Sherman Way Contact us

Available Space

Size
9,900 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: SharpLine
Listed By: Barbara Armendariz · License #CA 01472088
Source: Crexi
Added: Mar 20, 2023 Changed: Aug 13 Last Checked: Sep 1 at 11:31PM

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 SharpLine

Investment Insights

Based on property information with market context.

This retail space is situated on Sherman Way, a major arterial with an estimated traffic count of approximately 31,387 cars per day. The property is located in Reseda, identified as the "Hub of the West Valley", and offers convenient access to public transportation. Neighboring tenants include The 99 Store, JonsMarket, GoodWill, and Citibank.

Key Highlights

  • Located on major arterial Sherman Way with high traffic count (±31,387 CPD).
  • Easy public transportation access.
  • Reseda is the 'Hub of the West Valley'.

Property Analytics

Current Use

Coinhub Bitcoin ATM ... Atm WSS Clothing & Fashion Store Citibank ATM Atm

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Tanning Salon

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

Location Intelligence

Trade Area within ½ mile

2,611
Businesses Nearby
104k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 43% Dining 36% Apparel 17% Electronics 4%
LUV Car Wash Shops & Services
18,741 visits/mo 0.4 miles
Wells Fargo Shops & Services
15,529 visits/mo 0.2 miles
Las Fuentes Dining
15,480 visits/mo 0.5 miles
WSS Apparel
11,073 visits/mo 0.1 miles
A&W Restaurant Dining
10,614 visits/mo 0.3 miles

Demographics for 91335, CA

76,650
Population
25,615
Households
3
Avg Household Size
39
Median Age
30%
College-Educated
78%
High-School Grad
6.6 sq mi
ZIP Area
11,614
Density / Sq Mi
$77,164
Median Household Income
$37,470
Median Earnings
$1,811
Median Rent
$700,400
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$34.24 /SF/Yr
Avg Asking Price
$5.45–$95.4 /SF/Yr
Price Range
7,277 SF
Avg Space Size

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available on major arterial Sherman Way in Reseda.
Where is this retail space located?
The property is located at 18247 Sherman Way Los Angeles, CA.
What are key features of this property?
This property features: Located on major arterial Sherman Way with **high traffic count (±31,387 CPD)**.; Easy public transportation access.; Reseda is the 'Hub of the West Valley'.
More about this property
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