Prime Long-Term Ground Lease Opportunity:
An exceptional long-term ground lease opportunity is available for an empty, freeway-adjacent lot at 13243 Osborne Street in Arleta, CA, strategically positioned directly alongside the I-405 Freeway, one of Southern California’s most heavily traveled north–south corridors.
The property benefits from outstanding visibility, immediate freeway access, and high daily traffic counts, making it an ideal location for a wide range of commercial, institutional, and service-oriented uses. The site is located next to an established Chevron gas station, further enhancing exposure, traffic synergy, and consumer draw.
Lease Terms
Asking Ground Lease: $25,000 per month
Minimum Term: 20 years
Structure: Long-term ground lease (build-to-suit potential)
Potential Uses (Permitted By-Right):
Retail
Automobile Parking, Sales, Rental
Clinic (medical or dental)
Coffee Shop
Day Care Facility
Office
Parking Facility
EV Charging (with parking)
Restaurant
....and many other approved permitted uses that don not require av Conditional Use Permit (CUP).
This site presents a rare opportunity to secure a long-term position along one of Los Angeles County’s most critical transportation arteries, offering flexibility for development, branding, and future value creation.
?? High visibility. Long-term control. Freeway frontage.