15122-15124 Ventura Blvd - Storefront Retail/Office FOR SALE


Sherman Oaks, CA 91403
$5,500,000 USD
310-880-7900
15122-15124 Ventura Blvd, Sherman Oaks, CA for Sale
$5,500,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | 4.75% Cap Rate

15122-15124 Ventura Blvd
Sherman Oaks, CA 91403


HIGHLIGHTS

  • Prime Ventura Blvd with Access to Freeway on/off Ramps within 2 Blocks
  • Unique & Rare: 2 Large Signs on the Roof: 1 Billboard (Landlord Owned) and 1 On-Premise Sign
  • 60 Feet of Windowed Frontage on Ventura Blvd with over 50k Cars/day
  • 1 Block to Sherman Oaks Galleria anchored by Regal Theaters, 24 Hour Fitness, Burke Williams and Restaurant Row: Cheesecake Factory, PF Changs, Buff
  • 22 Parking Spaces in Parking Lot
  • NNN Retail Tenants and NN Office Tenants for Ease of Management

OVERVIEW

PLEASE SEE ATTACHED MARKETING PACKAGE FOR FULL INFORMATION: OFFERING SUMMARY: 15122-15124 Ventura Blvd, Sherman Oaks, offers an investor a prime Sherman Oaks location on the premier street of the San Fernando Valley. The building is unique with 2 large rare signs on the roof. One sign is a 14 x 48 foot billboard (billboard structure is owned by the seller) and the 2nd sign is a double sided 8 x 26 foot on premise sign. The property offers the flexibility of keeping tenants and extending leases or using some of the space as an owner user. The building is 100% occupied. DEMOGRAPHICS: Dense growing population in one of the most affluent neighborhoods of the San Fernando Valley. Average household income is over 139k per year within 1 mile and over 136k within 3 miles. Over 26k residents within 1 mile, and 165k residents within 3 miles and the population continues to grow. PRICE: $5,500,000 – 4.75% Current Cap Rate, 8,353 SF Building on 10,500 SF Lot

FOR SALE DETAILS

PRICE

$5,500,000 USD

PRICE/SF

$696 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Prime Ventura Blvd with 2 Signs on the Roof

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C2-1

APN/PARCEL ID

2276-006-009

ASK ABOUT THIS PROPERTY

Karl NiehausCREIMore Info
310-880-7900

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Karl NiehausCREIMore Info
310-880-7900

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