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High Traffic Retail: Van Nuys @ Magnolia 5244-5248 Van Nuys Blvd 3,000 SF of Retail Space Available in Sherman Oaks, CA 91401
Highlights
- Excellent regional accessibility via nearby 101 Freeway
- Dense surrounding residential population
- Near Metro G Line transit access, with Metro planning significant G Line improvements
- Highly recognizable Valley location positioned at the crossroads of Sherman Oaks and Van Nuys
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5244 | 3,000 SF | 3-10 Years | $23.16 /SF/YR $1.93 /SF/MO $69,480 /YR $5,790 /MO | Triple Net (NNN) |
1st Floor, Ste 5244
Highly visible retail showroom on Van Nuys Blvd at Magnolia featuring exposed ceilings and hard ducting throughout, with a rear employee area and dedicated storage space.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- High Ceilings
- Exposed Ceiling
- Showroom with rear employee area and storage
- Highly visible frontage on Van Nuys Blvd @Magnolia
- Exposed ceilings
- Hard ducting throughout Premises
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 High Traffic Retail: Van Nuys @ Magnolia
- Tenant
- Description
- US Locations
- Reach
- Mag Lounge
- Cocktail Bar
- 1
- -
| Tenant | Description | US Locations | Reach |
| Mag Lounge | Cocktail Bar | 1 | - |
Property Facts
| Total Space Available | 3,000 SF | Gross Leasable Area | 4,407 SF |
| Property Type | Retail | Year Built | 1949 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.8/1,000 SF |
| Total Space Available | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,407 SF |
| Year Built | 1949 |
| Parking Ratio | 1.8/1,000 SF |
About the Property
Approximately 3,000 SF of retail showroom space in a highly visible, high-traffic location at the signalized intersection of Van Nuys Blvd and Magnolia Blvd. The premises feature an open showroom layout with exposed ceilings and hard ducting throughout, complemented by a rear employee area and dedicated storage space. Positioned in a dense residential and commercial corridor with excellent access to the 101 Freeway and the Metro G Line, the property benefits from strong demographics and traffic counts exceeding 62,000 cars per day, making it an ideal location for a variety of retail, showroom, and service-oriented users.
- Signage
- Air Conditioning
Nearby Major Retailers
Presented by
High Traffic Retail: Van Nuys @ Magnolia | 5244-5248 Van Nuys Blvd
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