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21001-21015 Sherman Way 2,074 SF of Retail Space Available in Canoga Park, CA 91303
HIGHLIGHTS
- Signalized corner of Sherman Way & Independence Ave
- Close to 101, 118, and 405 Freeways
- Minutes from CSUN, Pierce College, Valley College of Medical Careers, and more
- High-density residential and commercial area with strong day/night traffic
- Surrounded by national retailers: CVS, Vallarta, AutoZone, Burger King, Dominos and Motel 6
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 9250 | 2,074 SF | Negotiable | $25.08 /SF/YR $2.09 /SF/MO $52,016 /YR $4,335 /MO | Triple Net (NNN) |
1st Floor, Ste 9250
Fully built-out restaurant with beer & wine license Excellent visibility High-traffic location Renovated in 2019 Open seating floor plan Full commercial kitchen: 2 x 12ft hood systems, walk-in cooler & freezer, 3-compartment sink, dry storage Private office + 2 restrooms Building & pylon signage facing Sherman Way & Independence Approx. 30 ft of prime frontage on Sherman Way Seating capacity: ±70 occupants Abundant natural light 211 shared parking spaces + truck delivery access Zoning: LAC2 5 years remaining on lease (Landlord open to new lease) $200,000 Key Money
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Private Restrooms
- Freezer Space
- Fully built-out restaurant with beer &wine license
- Excellent visibility
- Full commercial kitchen
- Private office + 2 restrooms
- Building & pylon signage
- Seating capacity: ±70 occupants
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 21001-21015 SHERMAN WAY, CANOGA PARK, CA 91303
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Corn N' Crab Seafood
- Restaurant
- -
- Local
- Hoa-Biet Oriental Market
- Supermarket
- 1
- Local
- Liberty Tax
- Acctg/Tax Prep
- 3,795
- International
- Mother's Nutritional Center
- Nutrition Center
- 65
- Local
- Tu Casa Coin Laundry
- Services
- 1
- Local
- WIC Program
- Other Services
- 6
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Corn N' Crab Seafood | Restaurant | - | Local |
| Hoa-Biet Oriental Market | Supermarket | 1 | Local |
| Liberty Tax | Acctg/Tax Prep | 3,795 | International |
| Mother's Nutritional Center | Nutrition Center | 65 | Local |
| Tu Casa Coin Laundry | Services | 1 | Local |
| WIC Program | Other Services | 6 | National |
PROPERTY FACTS
| Total Space Available | 2,074 SF | Total Land Area | 3.33 AC |
| Property Type | Retail | Year Built | 1978 |
| Property Subtype | Freestanding | Parking Ratio | 4.54/1,000 SF |
| Gross Leasable Area | 41,397 SF |
| Total Space Available | 2,074 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 41,397 SF |
| Total Land Area | 3.33 AC |
| Year Built | 1978 |
| Parking Ratio | 4.54/1,000 SF |
ABOUT THE PROPERTY
Signalized corner of Sherman Way & Independence Ave Surrounded by national retailers: CVS, Vallarta, AutoZone, Burger King, Dominos and Motel 6 Minutes from CSUN, Pierce College, Valley College of Medical Careers, and more High-density residential and commercial area with strong day/night traffic Close to 101, 118, and 405 Freeways
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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21001-21015 Sherman Way
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