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    18601 Sherman Way Los Angeles, CA 91335

    Sponsored
    For Lease
    $27 SF/Yr ($18,684 /Mo)

    Prime Retail Space Available in Los Angeles

    Lot size:
    8,304 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This 8,304 square foot retail strip center, located at 18601 Sherman Way in Los Angeles, CA 91335, presents a fantastic opportunity for businesses seeking high-visibility locations. Built in 1986, the property sits on a 0.4-acre lot and offers ample parking with 20 spaces. The center is zoned C2-2 and boasts strong demographics, with over 45,000 vehicles passing daily. Its strategic location at a signalized intersection provides excellent visibility and accessibility. Currently, there are 3,004 square feet of vacant space available, divisible into units as small as 1,252 square feet, with a maximum contiguous space of 1,252 square feet. The property benefits from its proximity to established businesses such as McDonald's, UPS, AutoZone, and Vallarta Supermarket, creating a synergistic retail environment. This is an ideal opportunity for businesses seeking a well-located, established retail space in a high-traffic area of Los Angeles. The property features multiple tenancies and offers a strong foundation for growth and success. Interested parties should inquire about lease terms and availability.

    Property Features for 18601 Sherman Way

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,304 SF
    Total Rate
    18684

    Building Details

    Year Built
    1986

    Unit(s) available at that property

    Space
    Unit F
    Size
    800 SF
    Rate per SF
    $33
    Space
    Size
    1,252 SF
    Rate per SF
    $27

    HighLights

    • Ample parking available.
    • Convenient left‑turn access.
    • Excellent signage opportunities.
    • Prime location near the 101 and 405 freeways.
    Property Profile Location Intelligence

    Current Use by Public Records

    Khybar Restaurant Restaurant The UPS Store Shipping And Mailing Service Reseda Cleaners Dry Cleaner Cafe Mua Coffee Shop Marina’s Beauty Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.5391768
    Latitude
    34.2013637

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Retail Space Available in Los Angeles
    Where is this neighborhood center located?
    The property is located at 18601 Sherman Way Los Angeles, CA.
    What is the lease rate?
    The lease rate is $27-$33 SF/Yr.
    What are key features of this property?
    This property features: Ample parking available.; Convenient left-turn access.; Excellent signage opportunities.
    Request Owner's contact information
    18601 Sherman Way Los Angeles, CA 91335
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    Los Angeles, CA 91335
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    18601 Sherman Way Los Angeles, CA 91335
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