18055 Ventura Blvd
Encino, CA 91316
Office Property For Sale

The Brandon Michaels Group of Marcus & Millichap has been selected to exclusively market for sale 18055 Ventura Boulevard, a two tenant NNN leased commercial property ideally located just east of the NE signalized corner of Ventura Boulevard and Lindley Avenue in Encino, California. 18055 Ventura Boulevard is ideally situated on 35,627 square feet of land zoned C4-1VL, creating a unique opportunity for development in the future. 18055 Ventura Boulevard is currently leased to Street Café by Aroma and Tarzana Urgent Care. Both tenants are on five year, NNN leases. The tenants benefit from the excellent parking the property offers, as well as its prime location within the high-end submarket of Encino, CA. Encino is an affluent suburb of the San Fernando Valley that offers close proximity to the glittering nightlife and culture of nearby neighborhoods, but maintains a quiet impression within its borders. Boasting impressive architecture and verdant green spaces, Encino has housed a number of notable residents and is the home to multi-million dollar homes and a bevy of athletes, entertainers, and professionals. The average household income within a three mile radius is north of $102,000, and the immediate area boasts a dense immediate population, with over 463,000 people within a five mile radius. Ventura Boulevard is the world’s longest avenue of contiguous business and one of the primary east–west thoroughfares in the San Fernando Valley. The stable and seasoned tenant mix recently demonstrated their commitments to the location by extending their leases until 2023. Street Café by Aroma is under new management, with the new operator investing significant capital into the location. The property has been family owned for generations, and this is the first time it has been on the market for sale, making it a rare opportunity to acquire close to an acre of land on Ventura Boulevard in Encino, CA.