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10452 Magnolia Blvd
1,600 - 16,360 SF of Retail Space Available in North Hollywood, CA 91601
Highlights
- corner visible retail building
- divisible to approx. 4,500 sq.ft.
- plenty of parking in front
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 9,760 SF | 11’ - 14’ | 3-10 Years | $21.00 /SF/YR $1.75 /SF/MO $204,960 /YR $17,080 /MO | Triple Net (NNN) | |
| 1st Floor | 1,600 SF | - | 3-10 Years | $46.20 /SF/YR $3.85 /SF/MO $73,920 /YR $6,160 /MO | Triple Net (NNN) | |
| 1st Floor | 3,000 SF | 7’ - 12’4” | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | |
| 1st Floor | 2,000 SF | - | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Corner building with great street accessibility and exposure. Parking right in front and side 25-27 spaces. Ideal for Franchise-corporate lease or long-term ground lease. 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. Possible fitness use, restaurant, auto dealership/showroom, auto repair, auto parts, etc. SUBJECT TO ALL APPROVALS BY LADBS AND LA PLANNING DEPARTMENTS. Space needs interior renovations Landlord is currently in the process of cleaning up and renovating the space to a Vanilla shell condition. Landlord can contribute up to $40/sq.ft. for building core & shell improvements. Additional Tenant Improvements will be up to the prospective tenant.
- 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.
1st Floor
Corner portion of the building, can have up to 3 3ntrances in the front and 2 at the rear alley. great access. parking in front and to the side. Space is currently under demolition and renovation with a new roof, new HVAC and new restrooms. showings after 10-15-24.
- Lease rate does not include utilities, property expenses or building services
- Partially Demolished Space
1st Floor
center most visible part of the building. parking in front, 1-2 entrances in front plus rear alley loading door and access. SPACE HAS BACKYARD OPEN AREA. great alley access. space under demolition and renovations. showings to be after 10-6-24. new roof HVAC top of the line new facade and new ADA restrooms will be installed.
- Lease rate does not include utilities, property expenses or building services
- Partially Demolished Space
- Finished Ceilings: 7’ - 12’4”
1st Floor
SQ. ft. to be determined. Database entry glitch!
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Partially Demolished Space
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.
SITE PLAN
PROPERTY FACTS FOR 10452 Magnolia Blvd , North Hollywood, CA 91601
| Property Type | Retail | Year Built | 1941 |
| Property Subtype | Auto Repair | Parking Ratio | 2.77/1,000 SF |
| Gross Leasable Area | 9,760 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| 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 automotive and animal care boarding or vet hospital uses. Please verify with LADBS and LA Planning department. Rental rate reduced to $1.75/Sq. Ft./m.o. NNN for a single tenancy compared to $4-$5/Sq. Ft. currently listed in this market, for tenant to perform interior improvements. Landlord to improve the building with a new high end facade new roof and all new zoned HVAC. Interior demolition in progress. no showings until 9/28/24 or when safe to go in. property is also perfectly poised for purchase and redevelopment. It appears that high density residential affordable housing. Density bonuses for up to possibly 7 stories and 75 units. PLEASE VERIFY WITH LADBS AND LA PLANNING DEPARTMENT. new Buyer can enjoy short term rental income while their new development plans go through City approvals? why not?
Nearby Major Retailers
Presented by
DIVA Real Estate Group, Inc.
10452 Magnolia Blvd
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