Log In/Sign Up
13329 Sherman Way
North Hollywood, CA 91605
Retail Property For Sale
Investment Highlights
- Sale-Leaseback Structure: Seller to sign a new 10-year absolute NNN lease at close of escrow
- Passive Ownership: Absolute NNN lease eliminates landlord responsibilities
- Recent Upgrades: new paint, modernized lighting, upgraded electrical panels, roof R&M, automated roll-up doors, and new HVAC in retail unit
- 3% Annual Rent Increases: Provides consistent income growth and inflation protection
- Parcel and Parking: ±29,875 SF parcel with 31 surface parking spaces (2.21/1,000 SF ratio)
- Dual-facing Billboard: leased to Clear Channel for additional income
Property Facts
Property Type
Retail
Property Subtype
Building Size
14,000 SF
Building Class
C
Year Built/Renovated
1958/2025
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.46
Lot Size
0.69 AC
Zoning
LACM - commercial
Parking
31 Spaces (2.21 Spaces per 1,000 SF Leased)
Frontage
101’ on Sherman Way
Amenities
- Bus Line
- Fenced Lot
- Signage
Property Taxes
| Parcel Number | 2328-028-023 | Improvements Assessment | $1,144,440 |
| Land Assessment | $2,757,060 | Total Assessment | $3,901,500 |
Property Taxes
Parcel Number
2328-028-023
Land Assessment
$2,757,060
Improvements Assessment
$1,144,440
Total Assessment
$3,901,500
1 of 1
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
