22107 Sherman Way, Canoga Park, CA 91303

12,136 SF | Retail Building | Canoga Park, CA 91303 | $4,250,000 ($350/SF)

Asking Price $4,250,000

Property Type
Retail
Square Feet
12,136 SF
Price / Square Foot
$350

Listing Contacts

Patrick Wade
Patrick Wade
Matthew Greenberg
Matthew Greenberg
Alex Kozakov
Alex Kozakov
Jack Webber
Jack Webber
Bo Henderson
Bo Henderson
Vivian Tran
Vivian Tran
  • Property Info

Property Overview

Rare Owner-User Investment Opportunity

Property Details

Class
C
Year Built
1979
Stories
1
Property Subtype
Vehicle Related, Freestanding
Lot Size (sq. ft)
18,295 SF

Highlights

  • The Subject Property is well positioned for an investor or user to utilize the asset for their business or reposition as an investment with upside.
  • The asset is an Auto Service/Showroom, which is highly desirable in Greater Los Angeles given the limited supply of similar product.
  • The property has signage that is visible from Topanga Canyon Blvd. and has a large loading dock with rare rear alley access.
  • 5,000 sf. of the property is leased on a short term basis through August 2024 to LiveWire electric motorcycles, providing $7,500 in monthly nnn rent.
  • The property sits along the intersection of Sherman Way and Glade Avenue, which benefits from over 40,000 CPD.
  • The building is arranged in a manner that allows it to be split into separate suites.

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