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Magnolia Center 12910 Magnolia Blvd
648 SF of Retail Space Available in Sherman Oaks, CA 91423
Highlights
- Great end-cap In Sherman Oaks
- Adjacent to major retailers such as Ralphs and Walgreens
- Metro Bus Line directly in front of property
- Prestigious Sherman Oaks address
- Convenient access to the 101 & 405 Freeways
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste G | 648 SF | Negotiable | $51.00 USD/SF/YR $4.25 USD/SF/MO $548.96 USD/m²/YR $45.75 USD/m²/MO $2,754 USD/MO $33,048 USD/YR | Triple Net (NNN) |
12910 Magnolia Blvd - 1st Floor - Ste G
Restaurant/retail for lease in busy Sherman Oaks strip center with great street visibility and prominent pole signage Located at the southwest corner of Magnolia & Coldwater Currently operating as pizza* Asking $30,000 in Key Money * Please Do Not Disturb Current Tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Kitchen
- Restaurant/retail for lease in busy Sherman Oaks
- Great street visibility and prominent pole signage
- Located at the southwest corner of Magnolia & Cold
- Currently operating as pizza*
- Asking $30,000 in Key Money
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.
SELECT TENANTS AT Magnolia Center
- American Haircuts
- Marclynos
- Perfect Nails
- Tony's Mexican Grills
PROPERTY FACTS FOR 12910 Magnolia Blvd , Sherman Oaks, CA 91423
| Center Type | Strip Center | Gross Leasable Area | 9,098 SF |
| Parking | 15 Spaces | Total Land Area | 0.39 AC |
| Center Properties | 1 | Year Built | 1985 |
| Frontage | 138’ on Magnolia Blvd |
| Center Type | Strip Center |
| Parking | 15 Spaces |
| Center Properties | 1 |
| Frontage | 138’ on Magnolia Blvd |
| Gross Leasable Area | 9,098 SF |
| Total Land Area | 0.39 AC |
| Year Built | 1985 |
About the Property
Located on SWC of the Signalized Intersection of Magnolia & Coldwater Prestigious Sherman Oaks Address Adjacent to Ralphs and Walgreens Easy Access to 101 & 405 Freeways Metro Bus Line at the property
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
-
Sean Martin -
Power Broker Todd Nathanson -
illi Commercial Real Estate
Presented by
Magnolia Center | 12910 Magnolia Blvd
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