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13020-13026 Sherman Way 9,000 SF Vacant Retail Building North Hollywood, CA 91605 $4,200,000 ($466.67/SF)
INVESTMENT HIGHLIGHTS
- Prime Exposure Along Rapidly Evolving Corridor
- Convenient Customer Parking with Easy Access
- Flexible leases for potential Owner-User/SBA Financing
- High Walkability and Steady Customer Flow
EXECUTIVE SUMMARY
IKON Properties is pleased to present an exceptional fully-leased investment opportunity a high-visibility commercial property situated along one of the San Fernando Valley’s major regional boulevards.
This well-maintained multi-tenant retail center consists of approximately 9,000 SF and is currently 100% occupied by three long-term tenants. Each tenant benefits from prime street frontage, excellent signage opportunities, and easy accessibility via multiple points of ingress and egress.
The property offers modern infrastructure and reliable income from established tenants, including a nationally recognized daycare facility. The center features ample
on-site parking, serving both tenant needs and high customer traffic.
Strategically positioned in a densely populated area of North Hollywood, the property enjoys strong daytime and residential demographics, along with close proximity to major freeways and transit lines. This is a rare opportunity to acquire a stabilized
retail asset with proven tenant performance and long-term growth potential in one of the Valley’s most active commercial corridors.
This well-maintained multi-tenant retail center consists of approximately 9,000 SF and is currently 100% occupied by three long-term tenants. Each tenant benefits from prime street frontage, excellent signage opportunities, and easy accessibility via multiple points of ingress and egress.
The property offers modern infrastructure and reliable income from established tenants, including a nationally recognized daycare facility. The center features ample
on-site parking, serving both tenant needs and high customer traffic.
Strategically positioned in a densely populated area of North Hollywood, the property enjoys strong daytime and residential demographics, along with close proximity to major freeways and transit lines. This is a rare opportunity to acquire a stabilized
retail asset with proven tenant performance and long-term growth potential in one of the Valley’s most active commercial corridors.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,000 SF
Building Class
C
Year Built/Renovated
1957/2008
Price
$4,200,000
Price Per SF
$466.67
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
LA-C2 - Commercial
Parking
16 Spaces (1.78 Spaces per 1,000 SF Leased)
Frontage
154’ on Sherman Way
AMENITIES
- Pylon Sign
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 2327-017-040 | Improvements Assessment | $847,225 |
| Land Assessment | $2,785,402 | Total Assessment | $3,632,627 |
PROPERTY TAXES
Parcel Number
2327-017-040
Land Assessment
$2,785,402
Improvements Assessment
$847,225
Total Assessment
$3,632,627
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13020-13026 Sherman Way
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