19739-19749 Sherman Way - Storefront FOR SALE


Canoga Park, CA 91306
$3,490,000 USD
323-363-4963
19739-19749 Sherman Way, Canoga Park, CA for Sale
$3,490,000 USD
Storefront - FOR SALE
1/11
null | 6.5% Cap Rate

NEW


19739-19749 Sherman Way
Canoga Park, CA 91306


OVERVIEW

CBRE, is pleased to present as exclusive advisor, 19739-19749 Sherman Way Boulevard, a multi-purpose “storefront” retail / office / medical building in the highly desirable submarket in the West San Fernando Valley. The infill location boasts a high level of demand with high barriers to entry. 19739-41 Sherman Way features six units, with four currently vacant and two occupied on MTM leases, offering maximum flexibility for owner-users or investors seeking upside potential. Sitting on a massive oversized dual lot with 110’ frontage to Sherman Way Blvd, the property has excellent visibility and traffic counts, ensuring strong exposure for any business. With ample lot size and parking potential, the site is well suited for retail, office, and medical concepts.

FOR SALE DETAILS

PRICE

$3,490,000 USD

PRICE/SF

$453 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.62 AC

LAND SF

27,007 SF

ZONING

C1

APN/PARCEL ID

2115-019-003,2115-019-025

ASK ABOUT THIS PROPERTY

Emil GurfinkelCBRE, Inc.More Info
323-363-4963

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Emil GurfinkelCBRE, Inc.More Info
323-363-4963

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