21355 Sherman Way, Los Angeles, CA 91303
This exceptional retail and restaurant opportunity is located at 21355 Sherman Way in Canoga Park, Los Angeles County, CA 91303. The property, built in 2007, boasts a total of 18,249 square feet, with 3,900 square feet currently vacant. The available spaces range from 800 to 1,200 square feet, perfect for a variety of businesses. This multi-tenant building enjoys a highly visible corner lot location at a signalized intersection, benefiting from excellent street exposure and accessibility. The property is strategically situated adjacent to the new Orange Line and parking facility, anticipating approximately 8,700 daily riders, ensuring high foot traffic and visibility. Its location within a State Enterprise Zone further enhances its appeal. This thriving business community in the southwest San Fernando Valley offers a dynamic and growing market. Additional features include 24-hour access, convenient bus line access, a prominent pylon sign, and air conditioning within the building. The property's proximity to the Metro/Subway provides convenient public transportation options for employees and customers. This is a rare opportunity to secure prime retail space in a rapidly developing area with exceptional visibility and accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.