Log In/Sign Up
Your email has been sent.
19740 Sherman Way 4,005 SF 100% Leased Retail Building Winnetka, CA 91306 $2,836,278 CAD ($708.18 CAD/SF) 4.36% Cap Rate
Investment Highlights
- Cell Tower Income
- Prime Location
- Three Commercial Units
Executive Summary
Rare Investment Opportunity in Winnetka – 3-Unit Commercial Property with Cell Tower Income! A unique commercial investment located in the heart of Winnetka, featuring three fully functional commercial units and a profitable cell tower lease—a rare and highly sought-after asset for savvy investors.
Financial Summary (Actual - 2024) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$168,227
|
$42.00
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$8,618
|
$2.15
|
| Effective Gross Income |
$159,609
|
$39.85
|
| Taxes |
$32,138
|
$8.02
|
| Operating Expenses |
$4,151
|
$1.04
|
| Total Expenses |
$36,289
|
$9.06
|
| Net Operating Income |
$123,320
|
$30.79
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $168,227 |
| Annual Per SF | $42.00 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $8,618 |
| Annual Per SF | $2.15 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $159,609 |
| Annual Per SF | $39.85 |
| Taxes (CAD) | |
|---|---|
| Annual | $32,138 |
| Annual Per SF | $8.02 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $4,151 |
| Annual Per SF | $1.04 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $36,289 |
| Annual Per SF | $9.06 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $123,320 |
| Annual Per SF | $30.79 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,005 SF
Building Class
C
Year Built
1956
Price
$2,836,278 CAD
Price Per SF
$708.18 CAD
Cap Rate
4.36%
NOI
$123,527 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.36 AC
Zoning
C4 - Commercial
Parking
6 Spaces (1.49 Spaces per 1,000 SF Leased)
Frontage
60’ on Sherman Way
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Crown Castle/Cell Tower
- Services
- 900 SF
- $5.06 CAD
- Jun 2043
- Sophia/Iris
- Services
- 1,100 SF
- $3.07 CAD
- Jul 2030
- Yolandas Bakery
- Retailer
- 2,000 SF
- $2.79 CAD
- Oct 2030
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Crown Castle/Cell Tower | Services | 900 SF | $5.06 CAD | Jun 2043 | ||
| Sophia/Iris | Services | 1,100 SF | $3.07 CAD | Jul 2030 | ||
| Yolandas Bakery | Retailer | 2,000 SF | $2.79 CAD | Oct 2030 |
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 2135-016-008 | Total Assessment | $1,057,790 CAD (2025) |
| Land Assessment | $508,157 CAD (2025) | Annual Taxes | $32,138 CAD ($8.02 CAD/SF) |
| Improvements Assessment | $549,633 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
2135-016-008
Land Assessment
$508,157 CAD (2025)
Improvements Assessment
$549,633 CAD (2025)
Total Assessment
$1,057,790 CAD (2025)
Annual Taxes
$32,138 CAD ($8.02 CAD/SF)
Tax Year
2024
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
19740 Sherman Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.