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Magnolia Center 12910 Magnolia Blvd 1,536 SF of Retail Space Available in Sherman Oaks, CA 91423
Highlights
- Surrounded by a diverse mix of local businesses, service providers, and community amenities
- Metro Bus Line is directly in front of the property
- The property is adjacent to a dense residential community
- Convenient access to the 101 & 405 Freeways
- National brands in close proximity (Ralphs, Walgreens)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 12910 | 1,536 SF | Negotiable | $46.77 CAD/SF/YR $3.90 CAD/SF/MO $71,838 CAD/YR $5,986 CAD/MO | Modified Gross |
12910 Magnolia Blvd - 1st Floor - Ste 12910
Retail space in a high-traffic Sherman Oaks strip center, offering excellent street visibility and prominent pole signage for maximum exposure
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Space is in Excellent Condition
- Retail space in a high-traffic Sherman Oaks
- Excellent street visibility
- Prominent pole signage for maximum exposure
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 Magnolia Center
- American Haircuts
- Marclynos
- Perfect Nails
- Tony's Mexican Grills
Property Facts
| Total Space Available | 1,536 SF | Frontage | 138’ on Magnolia Blvd |
| Center Type | Strip Center | Gross Leasable Area | 9,098 SF |
| Parking | 15 Spaces | Total Land Area | 0.39 AC |
| Center Properties | 1 | Year Built | 1985 |
| Total Space Available | 1,536 SF |
| Center Type | Strip Center |
| Parking | 15 Spaces |
| Center Properties | 1 |
| Frontage | 138’ on Magnolia Blvd |
| Gross Leasable Area | 9,098 SF |
| Total Land Area | 0.39 AC |
| Year Built | 1985 |
About the Property
Surrounded by a diverse mix of local businesses, service providers, and community amenities Convenient access to the 101 & 405 Freeways Metro Bus Line is directly in front of the property National brands in close proximity (Ralphs, Walgreens) The property is adjacent to a dense residential community
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
Magnolia Center | 12910 Magnolia Blvd
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