21035 Sherman Way | Canoga Park, CA 91303
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21035 Sherman Way
Canoga Park, CA 91303
MOTIVATED SELLER! VALUE-ADD SHOPPING CENTER · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- A vacant 23,220 SF retail property with an open layout ready to be built out in Canoga Park, CA.
- The property sits on 1.31-acres and includes ample parking on the front and back sides.
- Located in the Canoga Park commercial corridor, the property has excellent exposure, is highly trafficked, and between two signalized intersections.
- The asset is in a highly trafficked shopping center anchored by CVS and other national retailers such as Rent-A-Center and Domino’s.
- This value-add retail space is a prime opportunity to invest in a growing area surrounded by new development.
- The median income in the area is $84,904, with an annual consumer spending of over $6 billion.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
23,220 SF
Building Class
C
Year Built
1958
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
1.31 AC
Zoning
C2
Parking
100 Spaces (4.31 Spaces per 1,000 SF Leased)
Frontage
60 FT on Sherman Way
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 2112-019-004 | Improvements Assessment | $969,000 |
| Land Assessment | $3,621,000 | Total Assessment | $4,590,000 |
PROPERTY TAXES
Parcel Number
2112-019-004
Land Assessment
$3,621,000
Improvements Assessment
$969,000
Total Assessment
$4,590,000
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