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Pride Center 22828-22968 Victory Blvd
11,707 SF of Retail Space Available in Woodland Hills, CA 91367
Highlights
- Short- or long-term lease opportunity coming available in January 2024, for an 11,707-SF end-cap retail space with excellent co-tenancy and parking.
- Pride Center is an established regional power center with high-profile soft goods/furniture/home improvement tenants.
- Shopping Center is at the signalized corner of Victory Boulevard and Pembrook Avenue and is visited by over 53,044 vehicles daily.
- Sharing a traffic light with the adjacent 1 million SF Fallbrook Shopping Center, and the Westfield Topanga Village and Promenade Mall are a mile away
- Fallbrook Shopping Center is anchored by well-known retailers like Walmart, Target, The Home Depot, Burlington , Ross, AMC, and Trader Joe's.
- West Hills/Woodland Hills trade area has 302,622 people in a 5-mile radius with an average household income of $121,634.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 22950 | 11,707 SF | 3-10 Years | Upon Request Upon Request Upon Request Upon Request | Negotiable |
22828-22950 Victory Blvd - 1st Floor - Ste 22950
This end cap space pairs high visibility with abundant parking and excellent co-tenants.
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Retail or Showroom Space
- Tower Element
- Triple Net
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.
PROPERTY FACTS FOR 22828-22968 Victory Blvd , Woodland Hills, CA 91367
| Center Type | Community Center | Gross Leasable Area | 179,601 SF |
| Parking | 1,178 Spaces | Total Land Area | 23.12 AC |
| Stores | 12 | Year Built | 1972 |
| Center Properties | 3 | Cross Streets | SWC Victory Blvd & Fallbrook Ave |
| Frontage | 1,310’ on Victory Blvd |
| Center Type | Community Center |
| Parking | 1,178 Spaces |
| Stores | 12 |
| Center Properties | 3 |
| Frontage | 1,310’ on Victory Blvd |
| Gross Leasable Area | 179,601 SF |
| Total Land Area | 23.12 AC |
| Year Built | 1972 |
| Cross Streets | SWC Victory Blvd & Fallbrook Ave |
About the Property
Pride Center at 22828-22950 Victory Boulevard presents a unique opportunity for a soft goods or home furnishings/improvement-related tenant to penetrate a coveted trade area The premises space is ideally set up for a showroom or big box retail store and is column-free with high ceilings and expansive adjacent parking. Pride Center is anchored by HomeGoods, JOANNs, Floor & Décor, Harbor Freight Tools, CVS Pharmacy, Pep Boys, and Bank of America. With direct frontage off Victory Boulevard, this center sits at the southwest corner of Victory Boulevard and Fallbrook Avenue with excellent exposure to over 35,389 vehicles daily.
- Pylon Sign
- Signalized Intersection
Marketing Brochure
DEMOGRAPHICS
Demographics
About Woodland Hills and Warner Center
Woodland Hills is an attractive retail location within the San Fernando Valley. Tenants draw demand from the plethora of wealthy families living in the area, as there is a strong presence of insurance, healthcare, and financial firms that helps support a six-figure median household income. Retailers near the 101 Freeway also gain access to the thousands of commuters traveling daily between Los Angeles and Ventura.
The Warner Center has a multitude of retailers and restaurant options. At the heart of the Warner Center is the Westfield Topanga & The Village, built in 2015 and one of the most prominent shopping centers in the San Fernando Valley.
Looking ahead, the Warner Center 2035 plan, which promotes densification in the Warner Center, is expected to spur additional commercial development. Given the area's receptiveness to higher density, the region has seen significant multifamily development in recent years, adding to the potential customer base for retailers. The area could become even more attractive as it densifies and as additional amenities are introduced.
Nearby Major Retailers
Leasing Agent
Leasing Agent
Leslie J. Mayer, Executive Managing Director
She joined Cushman & Wakefield after having her own retail brokerage firm for over fourteen years and serves on the Executive Retail Committee for Cushman Wakefield.
Ms. Mayer provides strategic planning and real-estate services to a select group of private and institutional clients, both landlord and tenant on regional, national, and international levels and provides leasing, sales and consulting services for restaurants, shopping centers, retail buildings, and new developments. She helps tailor and develop overall market strategies for both tenants and developers and oversees lease/contract negotiations. She further specializes in the incubation of new retail and restaurant concepts and spearheading their expansion programs.
Recent and current tenant assignments include: SKECHERS Shoes nationally, Citibank regionally, Soap Stories, JNCO jeans AG Goldschmeid Jeans and 20 Lounge and the following restaurant groups: David Myers Group (Hinoki & The Bird, Comme Ca and Pizzeria Ortica), Rosa Mexicano, Ford’s Filling Station, Mendocino Farms, Cousins Lobster, Ink Sack, 41 Ocean, 9021Pho, Salata, Fresh Brothers Pizza, Poquito Mas, Illy and Grom Gelato. Recent agency and consultancy assignments include: restaurant properties at 3400 Olive Avenue, 3800 Alameda and 3821 Riverside Drive in Burbank, California, 11661 San Vicente Boulevard in Brentwood, 9346 Civic Center Drive in Beverly Hills and 1923 Bronson Ave in Hollywood and retail properties on Rodeo Drive and North Beverly Drive in Beverly Hills, Wilshire Boulevard in Santa Monica and shopping center leasing for Pride Center in West Hills and the West Hollywood Gateway in West Hollywood.
Ms. Mayer holds a California Real Estate Broker License and is a member of the International Council of Shopping Centers (ICSC). She received a Bachelor of Arts Degree in Communications from the University of California, Los Angeles and is a member of the United States Equestrian Foundation. She is active with the Westside Children’s Center and After School All Stars programs in Los Angeles.
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Pride Center | 22828-22968 Victory Blvd
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