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12868 Magnolia Blvd 2,000 SF of Industrial Space Available in Sherman Oaks, CA 91423
Sublease Highlights
- Huge Parking Lot with Office Space. Great for a car leasing, selling or another automotive venue. Please call Nora and she can go over your questions.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - 1/2 | 2,000 SF | Negotiable | $39.00 /SF/YR $3.25 /SF/MO $78,000 /YR $6,500 /MO | Full Service |
1st Floor - 1/2
Office Space and Parking Lot
- Sublease space available from current tenant
- Rate includes utilities, building services and property expenses
- Includes 100 SF of dedicated office space
- Central Air Conditioning
- Drop Ceilings
- Office Space and Parking Lot
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.
Select Tenants at 12868 Magnolia Blvd, Sherman Oaks, CA 91423
- Tenant
- Description
- US Locations
- Reach
- Ray's Auto
- Auto Showroom
- 1
- -
| Tenant | Description | US Locations | Reach |
| Ray's Auto | Auto Showroom | 1 | - |
Property Facts
| Total Space Available | 2,000 SF | Gross Leasable Area | 2,115 SF |
| Property Type | Retail | Year Built | 1965 |
| Property Subtype | Auto Repair | Parking Ratio | 4/1,000 SF |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 2,115 SF |
| Year Built | 1965 |
| Parking Ratio | 4/1,000 SF |
About the Property
Prime Commercial Auto Space Available for Sublease Excellent opportunity for an automotive-related business or other commercial use! Property Features: Private middle office space approximately 15' x 16' Large parking/storage area accommodating approximately 25–35 vehicles Highly visible location on a busy corner with strong traffic exposure Great signage and visibility potential for attracting customers Monthly Rent: $6,500 This is a rare opportunity to secure a well-located commercial space with ample parking and outstanding street presence. For more information or to schedule a viewing, contact: Nora: 619-218-6166 Ray: 213-393-3670
- Signalized Intersection
Nearby Major Retailers
Presented by
Nexthome Grandview
12868 Magnolia Blvd
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