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SPACE AVAILABILITY (1)
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- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,100 SF | Negotiable | $23.40 /SF/YR $1.95 /SF/MO $49,140 /YR $4,095 /MO | Modified Gross |
1st Floor
Now available for lease, 11408–11410 Saticoy Street offers a versatile commercial space in a high-traffic corridor of North Hollywood. The 2,100 SF building is ideal for single-tenant occupancy and is zoned C2-1VL, allowing for a wide range of commercial uses including retail, office, or medical. The property features ±10 dedicated parking spaces and rear access, enhancing convenience for customers and staff. The site is located within a State Enterprise Zone, offering potential tax advantages for qualifying tenants. With a competitive lease rate of $1.95 PSF/month (Modified Gross), this space presents a cost-effective solution in a market with limited comparable inventory. The property is minutes from NoHo West, the NoHo Arts District, and major freeways, ensuring strong visibility and accessibility. Surrounded by a vibrant mix of residential and commercial developments, including new mixed-use projects and transit enhancements, this location supports long-term business growth. Its proximity to the North Hollywood Metro Station and major entertainment hubs like Universal Studios further amplifies its appeal.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Competitive lease rate with Modified Gross terms
- High-visibility location with over 10,500 cars/day
- ±10 parking spaces and rear building access
- Flexible zoning for retail, office, or medical use
- Surrounded by major development & transit upgrades
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 2,100 SF | Gross Leasable Area | 2,100 SF |
| Property Type | Retail | Year Built | 1961 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.38/1,000 SF |
| Total Space Available | 2,100 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,100 SF |
| Year Built | 1961 |
| Parking Ratio | 2.38/1,000 SF |
FEATURES AND AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
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11408-11410 Saticoy st
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