22107 Sherman Way - Auto Dealership FOR SALE
Canoga Park, CA 91303 |
22107 Sherman Way
Canoga Park, CA 91303
HIGHLIGHTS
- The Subject Property is well positioned for an investor or user to utilize the asset for their business or reposition as an investment with upside.
- The asset is an Auto Service/Showroom, which is highly desirable in Greater Los Angeles given the limited supply of similar product.
- The property has signage that is visible from Topanga Canyon Blvd. and has a large loading dock with rare rear alley access.
- 5,000 sf. of the property is leased on a short term basis through August 2024 to LiveWire electric motorcycles, providing $7,500 in monthly nnn rent.
- The property sits along the intersection of Sherman Way and Glade Avenue, which benefits from over 40,000 CPD.
- The building is arranged in a manner that allows it to be split into separate suites.
FOR SALE DETAILS
PRICE
-
CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Auto Dealership
ADD'L SUBTYPES
Freestanding
TOTAL BUILDING SIZE
12136
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
15
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
2023-009-028
