Your email has been sent.
12640 Riverside Dr 8,300 - 17,500 SF of Office/Retail Space Available in Valley Village, CA 91607
HIGHLIGHTS
- Two-Story Commercial Building with Elevator Access and Secure Gated Parking
- Prominent Rooftop Signage Visible from the 101 Freeway | Over 274,000 Vehicles Per Day
- Ideal and potential uses include: Healthcare, Office, Industrial, Restaurant, Showroom and Retail
- Permitted and Grandfathered Signage – Rooftop, Monument and Building Banner/Display
- New Sprinkler Heads & New Roof System with 25-Year Warranty
- Prime High-Visibility Location with Over 21,000 Vehicles Passing Daily
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,300 SF | 3-10 Years | $37.67 CAD/SF/YR $3.14 CAD/SF/MO $312,664 CAD/YR $26,055 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor | 9,200 SF | 3-10 Years | $37.67 CAD/SF/YR $3.14 CAD/SF/MO $346,568 CAD/YR $28,881 CAD/MO | Triple Net (NNN) |
1st Floor
$2.00/SF/Month if tenant takes full building.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fits 21 - 67 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 17,500 SF of adjacent space
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fits 23 - 74 People
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 17,500 SF of adjacent space
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 12640 RIVERSIDE DR, VALLEY VILLAGE, CA 91607
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Naimie's Beauty Center
- Salon/Barber/Spa
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Naimie's Beauty Center | Salon/Barber/Spa | 1 | - |
PROPERTY FACTS
| Total Space Available | 17,500 SF | Gross Leasable Area | 17,500 SF |
| Property Type | Retail | Year Built/Renovated | 1964/1998 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.77/1,000 SF |
| Total Space Available | 17,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 17,500 SF |
| Year Built/Renovated | 1964/1998 |
| Parking Ratio | 1.77/1,000 SF |
ABOUT THE PROPERTY
Marcus & Millichap is proud to present 12640 Riverside Drive, a rare purchase or lease opportunity for a freestanding commercial building featuring ample gated on-site parking with 31 dedicated spaces. This approximately 17,500-square-foot, two-story building sits on a 0.53-acre LAC1 & P zoned parcel and includes additional office and storage areas. Ideal and potential uses include: Healthcare, Office, Industrial, Restaurant, Showroom and Retail. Originally built in 1964 and extensively renovated in 1995 with over $1.5 million in high-quality upgrades, the property was modernized both inside and out to meet the needs of the current business. Additionally, the ownership replaced all of the sprinkler heads in the Property in 2023 and applied a new roof system with a 25-year warranty in 2024. The ground floor currently functions as a warehouse and showroom, complete with a serviced elevator, while the upper floor offers an open layout ideal for a variety of uses. Each floor measures approximately 8,750 square feet and is divisible down to 4,375 square feet, allowing flexibility for different tenant configurations. Strategically located just west of the Riverside Drive and Whitsett Avenue intersection, the property benefits from over 130 feet of frontage on one of the San Fernando Valley’s major east-west corridors, with daily traffic exceeding 21,000 vehicles. Additionally, the property has signage visibility from the 101 freeway with traffic counts exceeding 274,000 vehicles per day. Nestled within a dense residential neighborhood, the site offers excellent visibility and accessibility. Transit improvements are also underway nearby, including the planned light rail project along Van Nuys Boulevard (phase 1 completion expected by 2031), which will integrate with the Orange Line and is projected to serve roughly 50,000 passengers daily by 2040. Furthermore, 12640 Riverside Drive is located within three miles of major developments, including the 25-acre NoHo West project with nearly 700,000 square feet of commercial space and 642 residential units. Also nearby is the proposed $1 billion, 16-acre Metro development in Downtown North Hollywood, which will add approximately 1,500 housing units, 600,000 square feet of commercial space, and 3,300 parking spaces. Property can be leased as the full building or by individual floor. Individual Floors: $2.25/SF/Mo | Full Building: $2.00/SF/Mo.
- 24 Hour Access
NEARBY MAJOR RETAILERS
CONTACTS
-
Brin Hamblin -
Hannah Zager -
Joshua Yaris -
Ryan Rothstein-Serling -
Martin Agnew -
Agnew | Serling Group
Presented by
12640 Riverside Dr
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.