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7401 Lankershim Blvd
North Hollywood, CA 91605
Retail below 108 Luxury Apts in New Building · Property For Lease · 80,000 SF

HIGHLIGHTS

  • Brand New High End Commercial Space in Luxury 108 Unit Mixed - use Moderno NoHo West
  • 2 Contiguous Commercial Spaces (1,042 & 1,027 SF) Available
  • High Density Area with Population over 41k within 1 Mile and over 269k within 3 Miles
  • High Retail Demand in Underserved Community
  • Excellent Exposure with up to 50 Feet of Windowed Frontage with over 31k Cars/day on Highly Trafficked Lankershim Blvd

ABOUT THE PROPERTY

PLEASE SEE ATTACHED MARKETING PACKAGE FOR FULL DETAILS AND CONTACT MATTHEW FINLEY WITH ANY QUESTIONS: OFFERING SUMMARY: 7401 Lankershim offers a tenant 2 contiguous spaces totaling up to 2,069 SF or leased separately located below 108 units of high end apartments which have just been built. The spaces offer 28 & 22 Feet respectively of frontage on Lankershim Blvd which has over 31k Cars/day. The highly dense area is underserved with retail options and limited competition. DEMOGRAPHICS: The population within a 1 mile radius was estimated at over 41,000 as well as over 269,000 within a 3 mile radius, and this population is expected to continue to grow annually. The average household income was estimated at approximately $60,000 within a 3 mile radius. LEASE RATE: 1,042 SF & 1,027 SF available at $2.20/SF NNN with ($0.65/SF estimated NNN)

PROPERTY FACTS

Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Size 80,000 SF
Year Built 2021
  • Listing ID: 23574311

  • Date on Market: 7/2/2021

  • Last Updated:

  • Address: 7401 Lankershim Blvd, North Hollywood, CA 91605

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