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19739-19749 Sherman Way 7,700 SF Retail Building Canoga Park, CA 91306 $4,292,454 CAD ($557.46 CAD/SF) 7% Cap Rate
EXECUTIVE SUMMARY
SUBMIT ALL OFFERS / RECENT PRICE IMPROVEMENT
CBRE, is pleased to present as exclusive advisor, 19739-
19749 Sherman Way Boulevard, a multi-purpose
“storefront” retail / office / medical building in the highly
desirable submarket in the West San Fernando Valley.
The infill location boasts a high level of demand with high
barriers to entry.
19739-41 Sherman Way features six units, with four
currently vacant and two occupied on MTM leases,
offering maximum flexibility for owner-users or investors
seeking upside potential.
Sitting on a massive oversized dual lot with 110’ frontage
to Sherman Way Blvd, the property has excellent visibility
and traffic counts, ensuring strong exposure for any
business. With ample lot size and parking potential, the
site is well suited for retail, office, and medical concepts.
CBRE, is pleased to present as exclusive advisor, 19739-
19749 Sherman Way Boulevard, a multi-purpose
“storefront” retail / office / medical building in the highly
desirable submarket in the West San Fernando Valley.
The infill location boasts a high level of demand with high
barriers to entry.
19739-41 Sherman Way features six units, with four
currently vacant and two occupied on MTM leases,
offering maximum flexibility for owner-users or investors
seeking upside potential.
Sitting on a massive oversized dual lot with 110’ frontage
to Sherman Way Blvd, the property has excellent visibility
and traffic counts, ensuring strong exposure for any
business. With ample lot size and parking potential, the
site is well suited for retail, office, and medical concepts.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,700 SF
Building Class
C
Year Built
1962
Price
$4,292,454 CAD
Price Per SF
$557.46 CAD
Cap Rate
7%
NOI
$300,472 CAD
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.62 AC
Zoning
C1 - Commercial
Parking
31 Spaces (4.03 Spaces per 1,000 SF Leased)
Frontage
106’ on Sherman Way
AMENITIES
- Fenced Lot
- Pylon Sign
- Signage
Walk Score®
Very Walkable (79)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,165,619 CAD | |
| Land Assessment | $3,481,721 CAD | Total Assessment | $4,647,340 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,481,721 CAD
Improvements Assessment
$1,165,619 CAD
Total Assessment
$4,647,340 CAD
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19739-19749 Sherman Way
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