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13625 Ventura Blvd
3,704 SF of Retail Space Available in Sherman Oaks, CA 91423
Highlights
- New lease for approved operator with a strong history of operating multiple locations.
- Updated power with 800 amps
- Many upgrades to the space and LL will finish the flooring when new tenant is ready.
- Skylights
- New Instaheat units just installed
- Parking potential in evenings behind the building for up to 50 spaces with building owner in back.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 3,704 SF | 10 Years | £44.97 /SF/PA £3.75 /SF/MO £484.09 /m²/PA £40.34 /m²/MO £166,580 /PA £13,882 /MO | Triple Net |
1st Floor
This space is cleared out and the Landlord has completed many upgrades for the next tenant to benefit from. Lease rate is NEGOTIABLE. Contact brokers to arrange a tour.
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- Private Restrooms
- After Hours HVAC Available
- conveniently close to major freeways.
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 agent 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.
PROPERTY FACTS FOR 13625 Ventura Blvd , Sherman Oaks, CA 91423
| Property Type | Retail | Year Built | 1946 |
| Property Subtype | Restaurant | Parking Ratio | 0.27/1,000 SF |
| Gross Internal Area | 4,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 4,000 SF |
| Year Built | 1946 |
| Parking Ratio | 0.27/1,000 SF |
About the Property
3,704 SF Ground Floor Second Generation Restaurant -Asking Rate: Negotiable based upon operator, finances, term, investment. -NNs: Approximately $0.35 per square foot per month for the property taxes and insurance -Term 10 years with 2/5 year options Situated in the southeastern part of the San Fernando Valley, Sherman Oaks boasts an ideal location. It is conveniently close to major freeways like the 101 and 405, making it easily accessible for patrons from all over Los Angeles. Additionally, Sherman Oaks is just a stone's throw away from other trendy neighborhoods like Studio City and Encino, guaranteeing a steady flow of potential customers. With its unique blend of upscale and relaxed vibes, Sherman Oaks provides the perfect setting for your new establishment. Don't miss the chance to reimagine this beautiful building on Ventura Boulevard with your own innovative concept.
- Bus Route
Nearby Major Retailers
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Dan Fagan -
Richard Cheng -
Urbanlime Real Estate
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13625 Ventura Blvd
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