14914 Sherman Way - Medical FOR SALE


Van Nuys, CA 91405
$5,500,000 USD
818-325-4118
14914 Sherman Way, Van Nuys, CA for Sale
$5,500,000 USD
Medical - FOR SALE
1/4
null | Request Cap Rate

14914 Sherman Way
Van Nuys, CA 91405


HIGHLIGHTS

  • Building Area: 12,000 SF +/- (Single Story)
  • Bonus Space: 1,500 SF +/- Basement (Ideal for Storage, Not Included in 12,000 SF RBA)
  • Lot Size: 38,745 SF +/-
  • Parking: 90 Single-Stall Spaces (7.5/1,000 SF Ratio)
  • Zoning: C1.5 (Versatile - Office, Medical, Retail Possibilities)
  • Recent Improvements: Repaved/Restriped Parking Lot, New HVAC Systems

OVERVIEW

Rare Owner-User Opportunity with 7.5/1,000 Parking! First time on the market in over 30 years! An exceptional opportunity awaits owner/occupiers at 14914 Sherman Way – a 12,000 SF freestanding building, move-in ready and meticulously maintained. It boasts a repaved parking lot with 90 single-stall spaces and new HVAC units throughout. Ideally situated for office, medical, or retail users, the site offers flexible C1.5 zoning. Inside, discover approximately 35 private offices/exam rooms, a spacious break room, conference spaces, multiple restrooms, an open staff area, and a CMS-accredited operating room, easily adaptable to your business. Plus, there's a 1,500 SF +/- basement, perfect for storage and separate from the 12,000 SF RBA. Contact the brokers to learn more about this unique prospect and arrange a tour.

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$458 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

90

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,745 SF

ZONING

C1.5

APN/PARCEL ID

2220-005-017

ASK ABOUT THIS PROPERTY

Kevin FenenbockColliersMore Info
818-325-4118

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Kevin FenenbockColliersMore Info
818-325-4118

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