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    OFF-MARKET
    Retail properties & Spaces

    21355 Sherman Way, Los Angeles, CA 91303

    18,249 SF Built 2007
    Property ID
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Year built 2007
    Total area 18,249 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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