Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Retail Space Near Cal State Title is generated by Realmo AI

    8707 Lindley Ave, Northridge, CA 91325

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    Versatile retail space near Cal State Northridge.

    Type:Retail
    Property size:
    1,700 SF
    Added:
    Mar 23, 2021
    Days on Market:
    1900
    Last Refresh:
    May 12 at 8:31 pm

    Property Features for 8707 Lindley Ave

    General Information

    Standard status
    Active
    Size
    1,700 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1986

    Spaces For Lease

    at 8707 Lindley Ave Contact us

    8707 Lindley Ave D $2/Mo

    Size
    811 SF
    Type
    Retail
    Approximately 811 SF of retail space available for lease, formerly occupied by a...
    show more
    Contact us

    We can help!

    Listing Contact
    David Guardado

    Listing agent David Guardado License #CA 01837493

    Listing office CBM1 West Los Angeles

    Listing date Mar 23, 2021

    Source Crexi

    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 West Los Angeles

    HighLights

    • Ideal for beauty salon, retail, or professional services with existing layout including four private rooms, reception area, and private restroom.
    • Approximately 1700 square feet of space.
    • Located on the high‑traffic northwest corner of Parthenia Street and Lindley Avenue.
    • Close proximity (approximately half a mile) to Cal State University of Northridge.
    • Easy access to major retailers, eateries, and residential areas.
    • Requires minimal renovation (paint and flooring) to customize for business needs.

    Overview

    This approximately 1700-square-foot space, formerly an aroma therapy location, is suitable for a beauty salon, retail businesses, or professional services. The layout includes four private rooms, a private restroom, and a reception area. The space may require new paint and flooring, depending on the intended business. Located on the northwest corner of Parthenia Street and Lindley Avenue, approximately half a mile from Cal State University of Northridge, the plaza is centrally positioned to serve the surrounding area. The location provides easy access to major retailers, eateries, and residential dwellings.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Northridge
    County
    Los Angeles
    State
    California
    Longitude
    -118.519
    Latitude
    34.2368

    Nearby Similar for Lease

    • Contact for pricing
      1,120 SF

      Northridge Medical Office Space

      Ground-floor clinic space in Northridge, CA, near hospital.
      18251 Roscoe Boulevard, Northridge, CA 91325
      View Details
    • $2 SF/Yr
      9,278 SF

      Medical/Therapy Office Space Available

      Medical/therapy office with multiple exam rooms and private restrooms.
      8349 Reseda Blvd | Northridge, CA 91324, CA 91324
      View Details
    • Contact for pricing
      1,120 SF

      Northridge Medical Clinic Space

      Ground-floor clinic space in Northridge, CA, near hospital.
      18251 Roscoe Boulevard, Northridge, CA 91325
      View Details
    • Contact for pricing
      1,800 SF

      Industrial Office Building For Rent

      Two-story industrial office building on LACM zoned land.
      18419 Napa St., Northridge, CA, 91325
      View Details
    • $2 SF/Yr
      1,563 SF

      Northridge Office Space Available

      Office space available for lease in Northridge, California.
      9440 Reseda Boulevard, Northridge, CA, 91324
      View Details
    • $1.25 SF/Yr

      West Valley Industrial For Lease

      Industrial property available for lease in West Valley.
      9255-9275 Corbin Ave, Northridge, CA 91324
      View Details
    • $2 SF/Yr
      24 SF

      Office Space with Free Parking

      Office space available for rent with free parking and signage.
      9003 Reseda Blvd | Northridge, CA 91324, CA 91324
      View Details
    • $1.64 SF/Yr
      913 SF

      Northridge Office Space For Rent

      In-line office space available for rent in Northridge, CA.
      9045 Corbin Ave, Northridge, CA
      View Details
    • Contact for pricing
      1,533 SF

      Northridge Office Space Available

      Office space for rent in Northridge, California.
      16921 Parthenia St, Northridge , CA, 91343
      View Details
    • $2 SF/Yr
      1,200 SF

      Retail/Office Space on Main Street

      Retail or office space with great exposure and signage.
      8640-8656 Lindley Ave, Northridge, CA
      View Details
    • Contact for pricing

      Northridge Commercial Property for Lease

      Commercial property available for lease in Northridge, California.
      18405 Eddy St, Northridge, CA 91325
      View Details
    • Contact for pricing
      9,296 SF

      Industrial Building with Secure Parking

      Single-tenant industrial building featuring secure parking and 3-phase power.
      19340 LONDELIUS ST, NORTHRIDGE, CA 91324
      View Details

    FAQs

    What type of property is this?
    Retail space - Versatile retail space near Cal State Northridge.
    Where is this retail space located?
    The property is located at 8707 Lindley Ave Northridge, CA.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Ideal for beauty salon, retail, or professional services with existing layout including **four private rooms, reception area, and private restroom**.; Approximately 1700 square feet of space.; Located on the **high‑traffic northwest corner of Parthenia Street and Lindley Avenue.**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    David Guardado
    Real Estate License ID: CA 01837493
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    8707 Lindley Ave, Northridge, CA 91325
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!