18341 Sherman Way - Office FOR SALE


Reseda, CA 91335
$8,900,000 USD
310-740-7283
18341 Sherman Way, Reseda, CA for Sale
$8,900,000 USD
Office - FOR SALE
1/16
null | Request Cap Rate

18341 Sherman Way
Reseda, CA 91335


HIGHLIGHTS

  • Majestic Plaza offers a uniquely flexible occupancy profile that is perfectly tailored for an owner-user
  • Diverse Tenant Base & Proven Location Demand
  • Structural & Parking Edge
  • High-Value "Covered Land Play"
  • Situated at a signalized corner near Sherman Way & Darby Avenue | High Traffic Counts

OVERVIEW

Kidder Mathews is pleased to present for sale 18341-18343 Sherman Way in Reseda, CA. Priced at $8,900,000 ($221/SF RBA), Majestic Plaza is a rare, multi-tenant commercial building offering an exceptional blend of immediate cash flow, flexible leasing dynamics, and long-term redevelopment upside. Located on a highly visible, signalized corner along the bustling Sherman Way commercial corridor, this property is a premier candidate for both value-add investors and owner-users looking to leverage favorable SBA financing. With 36 total suites spread across a two-story, elevator-served building, the property represents an incredibly diversified, granular investment with zero exposure to any single tenant or industry

FOR SALE DETAILS

PRICE

$8,900,000 USD

PRICE/SF

$221 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Owner-User Opportunity & Covered Land Play

PROPERTY TYPE

Office

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

64

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

*(T)(Q)RAS4-1D-CDO

APN/PARCEL ID

2119-023-010

ASK ABOUT THIS PROPERTY

Elizabeth ClarkKidder MathewsMore Info
310-740-7283

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Elizabeth ClarkKidder MathewsMore Info
310-740-7283

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