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±7,000 SF Freestanding Retail Unit Available 18567-18573 Sherman Way 3,000 - 7,000 SF of Retail Space Available in Reseda, CA 91335
HIGHLIGHTS
- Easy access to the 101 Freeway
- Excellent signage and street exposure
- Join neighboring retailers such as McDonald’s, UPS, AutoZone, Vallarta Supermarket, and more
- Centrally located in the San Fernando Valley
- Strong demographics with over 40,000 vehicles per day
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 18563 | 3,000 SF | Negotiable | $37.67 CAD/SF/YR $3.14 CAD/SF/MO $113,011 CAD/YR $9,418 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 18567 | 4,000 SF | Negotiable | $37.67 CAD/SF/YR $3.14 CAD/SF/MO $150,682 CAD/YR $12,557 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 18563
High ceilings Approximately 7,000 SF available Divisible into 3,000 SF and 4,000 SF spaces 3 private restrooms Front and rear entrances 5+ parking spaces
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Private Restrooms
- High Ceilings
- High ceilings
- Approximately 7,000 SF available
- Divisible into 3,000 SF and 4,000 SF spaces
- 3 private restrooms
- Front and rear entrances
- 5+ parking spaces
1st Floor, Ste 18567
High ceilings Approximately 7,000 SF available Divisible into 3,000 SF and 4,000 SF spaces 3 private restrooms Front and rear entrances 5+ parking spaces
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Private Restrooms
- High Ceilings
- High ceilings
- Approximately 7,000 SF available
- Divisible into 3,000 SF and 4,000 SF spaces
- 3 private restrooms
- Front and rear entrances
- 5+ parking spaces
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 ±7,000 SF FREESTANDING RETAIL UNIT AVAILABLE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Florence Of Paris Extensions
- Services
- 1
- -
- Large Digital Printing
- Manufacturing
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Florence Of Paris Extensions | Services | 1 | - |
| Large Digital Printing | Manufacturing | - | - |
PROPERTY FACTS
| Total Space Available | 7,000 SF | Gross Leasable Area | 7,000 SF |
| Property Type | Retail | Year Built | 1955 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 9.1/1,000 SF |
| Total Space Available | 7,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,000 SF |
| Year Built | 1955 |
| Parking Ratio | 9.1/1,000 SF |
ABOUT THE PROPERTY
Easy access to the 101 Freeway Centrally located in the San Fernando Valley Excellent signage and street exposure Strong demographics with over 40,000 vehicles per day Join neighboring retailers such as McDonald’s, UPS, AutoZone, Vallarta Supermarket, and more
- Freeway Visibility
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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±7,000 SF Freestanding Retail Unit Available | 18567-18573 Sherman Way
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