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13020-13026 Sherman Way 9,000 SF Vacant Retail Building North Hollywood, CA 91605 $5,842,964 CAD ($649.22 CAD/SF) 5.84% Cap Rate
Executive Summary
Owner-User and/or Investment Opportunity
• Gross annual income per owner’s 2025 p&l: $244,880
• Seller financing available - call Marcos Villagomez
• Loan may be assumable - call Marcos Villagomez
• Seller is not charging operating expenses
• Kidz Kingdom is paying $2.24/psf/mo. (gross)
• Van Bakery is paying $2.89/psf/mo. (gross)
• Simple floors is paying $2.17/psf/mo. (gross)
•UPSIDE: seller is not charging nnn & rents are below market (market rents for this type & age of property should be above $3/psf/mo. gross)
• Gross annual income per owner’s 2025 p&l: $244,880
• Seller financing available - call Marcos Villagomez
• Loan may be assumable - call Marcos Villagomez
• Seller is not charging operating expenses
• Kidz Kingdom is paying $2.24/psf/mo. (gross)
• Van Bakery is paying $2.89/psf/mo. (gross)
• Simple floors is paying $2.17/psf/mo. (gross)
•UPSIDE: seller is not charging nnn & rents are below market (market rents for this type & age of property should be above $3/psf/mo. gross)
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,000 SF
Building Class
C
Year Built/Renovated
1957/2008
Price
$5,842,964 CAD
Price Per SF
$649.22 CAD
Cap Rate
5.84%
NOI
$341,079 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.58
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
LA-C2 - Commercial
Parking
16 Spaces (1.78 Spaces per 1,000 SF Leased)
Frontage
154’ on Sherman Way
Amenities
- Pylon Sign
Moderately walkable
70/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2327-017-040 | Improvements Assessment | $1,158,199 CAD |
| Land Assessment | $3,807,784 CAD | Total Assessment | $4,965,983 CAD |
Property Taxes
Parcel Number
2327-017-040
Land Assessment
$3,807,784 CAD
Improvements Assessment
$1,158,199 CAD
Total Assessment
$4,965,983 CAD
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13020-13026 Sherman Way
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