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14522 - 14524 Ventura Boulevard, Sherman Oaks, CA

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14522 - 14524 Ventura Boulevard

Sherman Oaks, CA 91403-3771 - Sherman Oaks Submarket

Property Type:Retail Sub Type:Storefront Status:Existing Year Built:1938
Building Size:2,120 SF Land Area:.11 AC (4,800 SF)
For Sale Price:$1,950,000 Price/SF:$919.81
Cap Rate:4.29 %
Parking:7 Surface spaces are available; Ratio of 2.69/1,000 SF

Property Description: STRIP RETAIL BUILDING

Sale Notes:
TENANCY:* 14522 Ventura Boulevard Jewelry Store
$3,105.00/MO, N** lease ends 12/31/17
** Lessee pays 1/3 of Landlord property insurance

* 14522 ½ Ventura Boulevard Clothing Store
$2,650.00/NNN lease ends 2/28/20

* 14524 Ventura Boulevard Nail Salon
$2,600.00/NNN lease ends 12/31/21

BLDG. & LOT SIZE: 2,120 +/- sq. ft. of buildings & 4,801* +/- sq. ft. of land

A.P.N. #: 2276-001-005

PRICE & TERMS: $1,950,000.00 (Cash, cash to a new loan)


PARKING: Seven (7) parking spots onsite in rear lot in addition to ample street parking available

SIGNAGE: Excellent existing signage

COMMENTS: This sale offers an opportunity to purchase the best retail location in the entire valley!!!

Prime location in Sherman Oaks

Paley Commercial Real Estate, Inc.
Richard L Paley
(818) 343-3000 x2

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