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Sherman Sepulveda Shopping Center 7060-7076 Sepulveda Blvd 2,067 - 6,766 SF of Retail Space Available in Van Nuys, CA 91405
HIGHLIGHTS
- Located at one of the busiest intersection in the San Fernando Valley of Sherman Way and Sepulveda Blvd. with ±72,174 CPD
- Extremely busy shopping center with ample parking
- Just north of Valley Presbyterian Hospital; Close proximity to Valerio Elementary school
- Join credit tenants such as Jons, CVS, Starbucks, Panda Express (coming soon), Chase Bank and more
- Located in a very dense trade area with a population of ±44,586 within one mile
- Easy access off the 405 Freeway
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 7068 | 2,913 SF | Negotiable | $39.00 /SF/YR $3.25 /SF/MO $419.79 /m²/YR $34.98 /m²/MO $9,467 /MO $113,607 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 7076 | 2,067-3,853 SF | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $452.08 /m²/YR $37.67 /m²/MO $13,486 /MO $161,826 /YR | Triple Net (NNN) |
7060-7134 Sepulveda Blvd - 1st Floor - Ste 7068
Located at one of the busiest intersection in the San Fernando Valley of Sherman Way and Sepulveda Blvd. with ±72,174 CPD.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Extremely busy shopping center with ample parking.
- Just north of Valley Presbyterian Hospital.
7060-7134 Sepulveda Blvd - 1st Floor - Ste 7076
Located at one of the busiest intersection in the San Fernando Valley of Sherman Way and Sepulveda Blvd. with ±72,174 CPD.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Extremely busy shopping center with ample parking.
- Just north of Valley Presbyterian Hospital.
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
| Total Space Available | 6,766 SF | Center Properties | 4 |
| Min. Divisible | 2,067 SF | Gross Leasable Area | 91,606 SF |
| Center Type | Neighborhood Center | Total Land Area | 3.36 AC |
| Parking | 320 Spaces | Year Built | 1958 |
| Stores | 12 |
| Total Space Available | 6,766 SF |
| Min. Divisible | 2,067 SF |
| Center Type | Neighborhood Center |
| Parking | 320 Spaces |
| Stores | 12 |
| Center Properties | 4 |
| Gross Leasable Area | 91,606 SF |
| Total Land Area | 3.36 AC |
| Year Built | 1958 |
FEATURES AND AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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Sherman Sepulveda Shopping Center | 7060-7076 Sepulveda Blvd
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