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14445 Sherman Way 4,574 SF of Retail Space Available in Van Nuys, CA 91405
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,574 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $484.38 /m²/YR $40.36 /m²/MO $17,153 /MO $205,830 /YR | Triple Net (NNN) |
1st Floor
Approx. 4,574 SF open seating floor plan, kitchen, storage, private office, and 2 restrooms • Built-out kitchen, hoods, walk-in cooler and freezer, 3-compartment sink, and more • NO KEY MONEY • Separate bar area • Beautiful exposed ceilings and ducting • Excellent signage and visibility on Sherman Way and Van Nuys Boulevard • Lots of natural light • Free parking spaces plus truck delivery access
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
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 14445 SHERMAN WAY, VAN NUYS, CA 91405
- Toasted Bun
PROPERTY FACTS
| Total Space Available | 4,574 SF | Gross Leasable Area | 4,574 SF |
| Property Type | Retail | Year Built/Renovated | 1966/2007 |
| Property Subtype | Restaurant | Parking Ratio | 10/1,000 SF |
| Total Space Available | 4,574 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,574 SF |
| Year Built/Renovated | 1966/2007 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
• Heavy pedestrian and automobile traffic • Located at the busy intersection of Van Nuys and Sherman Way • Neighboring tenants include: Yum Yum Donuts, Hanmi Bank, ICDC College, Dunkin Donuts, Davita, Kaiser and Providence Hospitals, The Habit Burger, Starbucks, Big 5 Sporting Goods, Target, Walgreens, In-N-out, Smart & Final, The Home Depot, Babies R Us, Mann Theaters, Living Spaces, Chipotle, Ross • 350+ new apartments in the area • Close proximity to the 405 Freeway
- Bus Line
- Pylon Sign
NEARBY MAJOR RETAILERS
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14445 Sherman Way
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