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Roy's Plaza 14853-63 Sherman Way

7,156 SF 100% Leased Retail Building Van Nuys, CA 91405 $3,400,000 ($475/SF) 5% Cap Rate

Executive Summary

CBM and SHL Management are proud to present Roy's Plaza for sale. Situated at the prominent intersection of Sherman Way and Kester Avenue in Van Nuys, CA, this 7,100-square-foot shopping center offers excellent visibility and convenient access to both Van Nuys Boulevard and Sepulveda Boulevard, with easy connectivity to the 405 Freeway. Built in 1985, Roy's Plaza features a diverse mix of tenants, including the popular Socorro's Mexican Restaurant and USA Donuts, making it a vibrant destination for the local community

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
7,156 SF
Year Built
1985
Price
$3,400,000
Price Per SF
$475
Cap Rate
5%
NOI
$170,000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.54
Land Acres
0.31 AC
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Curves
Starbucks
Mr. Pickle's Sandwich Shop
Jons Marketplace
Chase Bank
Super King Markets
Planet Fitness
Sizzler
The Buffalo Spot
The Habit Burger Grill

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2218-021-036
Land Assessment
$1,952,157
Improvements Assessment
$1,227,069
Total Assessment
$3,179,226
  • Listing ID: 33048738

  • Date on Market: 9/3/2024

  • Last Updated:

  • Address: 14853-63 Sherman Way, Van Nuys, CA 91405

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