949-244-6644
13005 Sherman Way, North Hollywood, CA for Sale
Auto Dealership - FOR SALE
1/2
null | Request Cap Rate

13005 Sherman Way
North Hollywood, CA 91605


OVERVIEW

- New 15-Year Lease | Scheduled 3% Rental Increases | Investment Grade (S&P: BBB) Tenant | Market Leader & Established EV Brand - NNN Lease | Fee Simple (Land & Building) | Limited Landlord Responsibilities - Extremely Dense Retail Trade Area | Approximately 1.8 Million People within 10 Miles | High Barriers to Entry | 2.7 miles from Hollywood Burbank Airport (6.5+ million annual passengers - Located along Sherman Way (51,247 VPD) | Clear visibility, Exceptional signage, and Multiple points on Ingress/Egress | Centralized Northern Hollywood Location | 0.75 Miles East along Sherman Way to Hwy 170 / Hollywood Freeway (179,788 VPD) | 3.2 Miles West along Sherman Way to Interstate 405 (224,992 VPD) - High Intrinsic Real Estate Value | CM-1 Zoning | Long-Term Covered Land Play

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tesla - North Hollywood, CA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Dealership

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

642

LAND DETAILS

LAND ACRES

10.2 AC

LAND SF

444,312 SF

ZONING

CM-1

APN/PARCEL ID

2327-015-019

ASK ABOUT THIS PROPERTY

Matt BerresNewmarkMore Info
949-244-6644

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Matt BerresNewmarkMore Info
949-244-6644

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.