4537-4541 Van Nuys Blvd - Storefront FOR SALE


Sherman Oaks, CA 91403
$3,315,000 USD
323-515-8302
4537-4541 Van Nuys Blvd, Sherman Oaks, CA for Sale
$3,315,000 USD
Storefront - FOR SALE
1/2
null | 5.25% Cap Rate

4537-4541 Van Nuys Blvd
Sherman Oaks, CA 91403


HIGHLIGHTS

  • New 10-year lease extension from Romantix with annual increases
  • Single Tenant NNN Asset
  • High Barrier to Entry Submarket of Los Angeles
  • Densely populated area

OVERVIEW

The Subject Property is +4,563 square feet of net-leased storefront retail space on a +7,514 square foot lot, prominently located in Sherman Oaks, CA. It is currently under a long-term, NNN lease to Romantix. Positioned along Van Nuys Boulevard between the 101 Freeway and Ventura Boulevard, the property benefits from significant exposure to vehicular traffic, with an average car count of 55,190 cars per day moving north and south. This location is further enhanced by its proximity to a high-traffic, grocery-anchored shopping center directly across the street, ensuring consistent consumer footfall. The property includes onsite parking for eight vehicles, in addition to one designated handicapped parking space, catering to customer convenience and accessibility.

FOR SALE DETAILS

PRICE

$3,315,000 USD

PRICE/SF

$726 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1956

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,694 SF

ZONING

C2

APN/PARCEL ID

2265-011-032,2265-011-033

ASK ABOUT THIS PROPERTY

Matthew DobsonArbor Realty Capital Advisors, Inc.More Info
323-515-8302

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Matthew DobsonArbor Realty Capital Advisors, Inc.More Info
323-515-8302

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