Roy's Plaza | 14853-63 Sherman Way
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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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 2218-021-036 | Improvements Assessment | $1,227,069 |
Land Assessment | $1,952,157 | Total Assessment | $3,179,226 |
PROPERTY TAXES
Parcel Number
2218-021-036
Land Assessment
$1,952,157
Improvements Assessment
$1,227,069
Total Assessment
$3,179,226
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Roy's Plaza | 14853-63 Sherman Way
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