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5150-5162 Van Nuys Blvd 700 SF of Retail Space Available in Sherman Oaks, CA 91403
SUBLEASE HIGHLIGHTS
- Great Parking
- Rare Small Retail Space
- Tremendous Visibility
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 700 SF | 10’ | Mar 2027 | $52.77 CAD/SF/YR $4.40 CAD/SF/MO $36,936 CAD/YR $3,078 CAD/MO | Triple Net (NNN) |
1st Floor
Currently built out as a Hair Salon
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Drop Ceilings
- Finished Ceilings: 10’
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 5150-5162 VAN NUYS BLVD, SHERMAN OAKS, CA 91403
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Alumni Barbershop
- Salon/Barber/Spa
- 1
- -
- AutoZone
- Automotive
- 7,126
- International
- By the Way Burger
- Restaurant
- 1
- -
- Empire Cuts
- Services
- 1
- -
- Metal Blade Records
- Information
- 1
- International
- Sushi Plus BBQ Teroualo
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Alumni Barbershop | Salon/Barber/Spa | 1 | - |
| AutoZone | Automotive | 7,126 | International |
| By the Way Burger | Restaurant | 1 | - |
| Empire Cuts | Services | 1 | - |
| Metal Blade Records | Information | 1 | International |
| Sushi Plus BBQ Teroualo | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 700 SF | Total Land Area | 0.60 AC |
| Property Type | Retail | Year Built | 1990 |
| Gross Leasable Area | 10,250 SF | Parking Ratio | 3.76/1,000 SF |
| Total Space Available | 700 SF |
| Property Type | Retail |
| Gross Leasable Area | 10,250 SF |
| Total Land Area | 0.60 AC |
| Year Built | 1990 |
| Parking Ratio | 3.76/1,000 SF |
ABOUT THE PROPERTY
This well located space is in a shopping center surrounded by homes and businesses. The space is currently occupied by a Beauty Salon which could be used as such or be easily converted into a number of different business opportunities. Plenty of parking and tremendous visibility to a very busy main corridor thru the San Fernando Valley (Van Nuys Blvd.), this location is ground zero for any business. Also surrounded by many Auto Dealerships which create even more daytime population. Owner of the shop is retiring creating an amazing opportunity for someone to grab one of the best locations in the San Fernando Valley attracting high incomes to the South and high/middle income to the north with very high densities.
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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5150-5162 Van Nuys Blvd
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