10452 Magnolia Blvd
1,640 - 9,760 SF of Retail Space Available in North Hollywood, CA 91601
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HIGHLIGHTS
- corner visible retail building
- divisible down to approx. 1,640 sq.ft.
- plenty of parking in front
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 | 1,640-9,760 SF | 11’ - 14’ | 3-10 Years | $23.40 /SF/YR | Triple Net (NNN) |
1st Floor
Stated rate of $1.95 is for a single tenancy- entire space with limited Landlord Improvements. Rental rate range is $1.95-$3.85/ sq.ft./mo NNN and excluding utilities and other services. Parking right in front and side currently striped for 25-27 spaces. Ideal for STNL. Alley access for deliveries. Pole sign at the corner. Currently has 4 front entrances. A portion has 2nd-floor mezzanine could be taken out for very high ceilings. 7 separated Electrical meters.
- Lease rate does not include utilities, property expenses or building services
- Partially Demolished Space
- Exposed Ceiling
- Finished Ceilings: 11’ - 14’
- Demised WC facilities
- Yard
- corner property with great exposure.
- ideal for Franchise/corporate Long term lease
- Great parking right up in front and to the side
- Rear alley Access for deliveries
- Separate front entrances & separate elect. meters.
SITE PLAN
PROPERTY FACTS FOR 10452 MAGNOLIA BLVD , NORTH HOLLYWOOD, CA 91601
Total Space Available | 9,760 SF |
Min. Divisible | 1,640 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 9,760 SF |
Year Built | 1941 |
Parking Ratio | 2.77/1,000 SF |
ABOUT THE PROPERTY
Corner property with great street visibility and plenty of front & side single spaced parking spaces. Ideal for all retail uses possibly including fitness dance gym spa restaurant, auto dealership/showroom, auto parts, etc. animal care boarding or vet hospital uses. Please verify with LADBS and LA Planning department. Landlord to improve the building with a new facade and all new zoned HVAC and ADA Restrooms. New roof completed. Plans for interior structural modification - walls removal just got approved. Interior demolition in progress. Property is also perfectly poised for purchase and potential redevelopment for highest and Best Use as mixed use affordable housing and retail which includes several density bonuses for up to 7 stories - 75 units. PLEASE VERIFY WITH LADBS AND LA PLANNING DEPARTMENT. New Buyer can enjoy short term retail rental income while new development plans go through City approvals. Also Ideal for Franchise-corporate STNL.
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