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18300 Sherman Way 6,195 SF Retail Building Reseda, CA 91335 $4,325,000 ($698.14/SF)
Investment Highlights
- Turnkey dental facility. The property underwent a comprehensive dental conversion in 2023.
- Positioned along a primary commercial corridor.
- Excellent owner-user or value add opportunity.
- Freestanding dental office situated on a highly visible signalized hard corner.
- Fee simple ownership provides long-term control.
Executive Summary
Rare opportunity to acquire a recently renovated, fully built-out dental office in excellent condition. A future owner-user can begin operations immediately while avoiding the significant time, cost, and uncertainty associated with constructing a new dental practice.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
6,195 SF
Building Class
B
Year Built/Renovated
1990/2023
Price
$4,325,000
Price Per SF
$698.14
Tenancy
Single
Building Height
1 Story
Building FAR
0.88
Lot Size
0.16 AC
Opportunity Zone
Yes
Zoning
C2 - Commercial
Parking
20 Spaces (3.23 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Moderately walkable
70/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $831,605 | |
| Land Assessment | $1,409,494 | Total Assessment | $2,241,099 |
Property Taxes
Parcel Numbers
Land Assessment
$1,409,494
Improvements Assessment
$831,605
Total Assessment
$2,241,099
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18300 Sherman Way