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- LoopNet Team
16844-16860 Sherman Way
Van Nuys, CA 91406
Property For Lease
HIGHLIGHTS
- Average household income $100,000+/-
- Average population density within a 3-miles radius: 262,000+
- Estimated daily traffic volume: Approx. 40,000+/- daily cars
- Newly Renovated Unit, rarely on the market due to the above highlights
PROPERTY FACTS
| Property Type | Retail | Total Land Area | 0.60 AC |
| Property Subtype | Storefront | Year Built | 1975 |
| Gross Leasable Area | 9,360 SF | Parking Ratio | 4.17/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 9,360 SF |
| Total Land Area | 0.60 AC |
| Year Built | 1975 |
| Parking Ratio | 4.17/1,000 SF |
ABOUT THE PROPERTY
Property Notes: Fogel-Balboa Center is a strategically located shopping plaza that is nestled between the major intersection of Balboa Blvd. and Sherman Way Blvd. Boasting recent renovations, the 800 +/- SF unit includes a new HVAC system, new drywall, and flooring. The coveted, high-traffic shopping center provides maximum exposure to a densely populated area, with anchoring 7-Eleven. The shopping center has also undergone recent renovations, including a new state-of-the-art parking lot with ample parking for customers, a new roof, and a renovated electrical room. Tenants will enjoy a convenient location with surrounding coffee shops, In-N-Out, and major grocery store chains. Location: Nearby Van Nuys Airport acts as a gateway for travelers and businesses, expanding the customer base. With excellent visibility and accessibility to/from the 405 freeway, this location is ideal for businesses seeking exposure and convenience. Surrounding amenities include Lake Balboa, Louise Park, and community schools, which add to the dense residential population and the appeal for a thriving business.
- Atrium
- Bus Line
- Corner Lot
- Pylon Sign
- Signage
- Signalized Intersection
