TOURING NOW - CALL FOR DAYS & TIMES 17630 Sherman Way 6,191 SF Retail Building Van Nuys, CA 91406 $3,000,000 ($484.57/SF) 4.88% Cap Rate

17630 Sherman Way is an automotive Service center is comprised of two APNs bisected by an alleyway in Van Nuys, CA. The rentable Building Area (RBA) is 6,191 SF and was built in 1979 with a combined lot size of 24,394. The property is located along Sherman Way, a major thoroughfare with signalized intersections. The property benefits from its high-traffic location with visible street signage, 100 feet of frontage, and parking spaces. The property is currently leased to Junior Tire & Reseda Transmission.
This is an excellent opportunity for investors to acquire a property with an existing tenant, reposition it with a new tenant, increase market rents on a NNN basis, or for an owner/user to expand their business. Potential for development also exists.
DO NOT DISTURB TENANT. Call Listing Agents to schedule a tour and for more information. Email offers to david@swgrp.com & megan@swgrp.com. The property is to being sold in "as is" "where is" condition with all faults, known and unknown, with absolutely no representations or warranties, expressed or implied, by Seller and/or Sellers Agents. Seller and/or seller's agent makes no representations, Buyer to verify all information provided with appropriate entities and satisfy self. Sale is subject to court confirmation and overbid.