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4557 Sherman Oaks Ave 3,922 SF of Retail Space Available in Sherman Oaks, CA 91403
Highlights
- Rare opportunity to acquire a freestanding second-generation restaurant space with decades of history
- Iconic local presence with established customer base and consistent neighborhood traffic
- Approximately 134 interior seats, with potential for an additional 44 outdoor patio seats pending city approval
- Prime location just off Ventura Blvd. with convenient access to both the 101 and 405 Freeways (±231,081 CPD)
- Liquor license available, adding immediate value and revenue potential; Key money required for FF&E and liquor license — contact broker for details
- Two spaces in rear, street parking, and possible valet options
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,922 SF | 10 Years | $82.79 CAD/SF/YR $6.90 CAD/SF/MO $324,692 CAD/YR $27,058 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
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 4557 Sherman Oaks Ave, Sherman Oaks, CA 91403
- Tenant
- Description
- US Locations
- Reach
- Valley Inn Restaurant & Bar
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Valley Inn Restaurant & Bar | Restaurant | 1 | - |
Property Facts
| Total Space Available | 3,922 SF | Gross Leasable Area | 3,922 SF |
| Property Type | Retail | Year Built | 1946 |
| Property Subtype | Restaurant | Parking Ratio | 0.51/1,000 SF |
| Total Space Available | 3,922 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,922 SF |
| Year Built | 1946 |
| Parking Ratio | 0.51/1,000 SF |
About the Property
The property at 4557 Sherman Oaks Avenue is a retail building located in Sherman Oaks, Los Angeles County, California. The parcel measures approximately 0.11 acres with a building size of 3,922 square feet and is zoned LAC4. Based on public records, its primary use is as a restaurant venue. The property is situated near major transportation corridors including U.S. 101 and I-405. Nearby infrastructure includes access to Bob Hope Airport, Los Angeles International Airport, and commuter rail service via the Ventura County Metrolink Line. The surrounding area includes commercial retail corridors along Ventura Boulevard and is within proximity to residential neighborhoods and various service amenities.
- Pylon Sign
- Signage
Nearby Major Retailers
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4557 Sherman Oaks Ave
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