Log In/Sign Up
Your email has been sent.
19740 Sherman Way 4,005 SF 100% Leased Retail Building Winnetka, CA 91306 $2,808,500 CAD ($701.25 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 |
$166,580
|
$41.59
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$8,534
|
$2.13
|
| Effective Gross Income |
$158,046
|
$39.46
|
| Taxes |
$31,824
|
$7.95
|
| Operating Expenses |
$4,110
|
$1.03
|
| Total Expenses |
$35,934
|
$8.97
|
| Net Operating Income |
$122,112
|
$30.49
|
Financial Summary (Actual - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $166,580 |
| Annual Per SF | $41.59 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $8,534 |
| Annual Per SF | $2.13 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $158,046 |
| Annual Per SF | $39.46 |
| Taxes (CAD) | |
|---|---|
| Annual | $31,824 |
| Annual Per SF | $7.95 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $4,110 |
| Annual Per SF | $1.03 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $35,934 |
| Annual Per SF | $8.97 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $122,112 |
| Annual Per SF | $30.49 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,005 SF
Building Class
C
Year Built
1956
Price
$2,808,500 CAD
Price Per SF
$701.25 CAD
Cap Rate
4.36%
NOI
$122,318 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
- $5.01 CAD
- Jun 2043
- Sophia/Iris
- Services
- 1,100 SF
- $3.04 CAD
- Jul 2030
- Yolandas Bakery
- Retailer
- 2,000 SF
- $2.77 CAD
- Oct 2030
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Crown Castle/Cell Tower | Services | 900 SF | $5.01 CAD | Jun 2043 | ||
| Sophia/Iris | Services | 1,100 SF | $3.04 CAD | Jul 2030 | ||
| Yolandas Bakery | Retailer | 2,000 SF | $2.77 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 | $1,055,878 CAD (2025) |
| Land Assessment | $507,238 CAD (2025) | Annual Taxes | $31,824 CAD ($7.95 CAD/SF) |
| Improvements Assessment | $548,640 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
2135-016-008
Land Assessment
$507,238 CAD (2025)
Improvements Assessment
$548,640 CAD (2025)
Total Assessment
$1,055,878 CAD (2025)
Annual Taxes
$31,824 CAD ($7.95 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.