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Lake Balboa Center 16851 Victory Blvd 750 - 1,605 SF of Retail Space Available in Van Nuys, CA 91406
HIGHLIGHTS
- Restaurant
- Barber Shop
- Near Schools
- End-Cap
- Small Space
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 750 SF | Negotiable | $51.00 /SF/YR $4.25 /SF/MO $548.96 /m²/YR $45.75 /m²/MO $3,188 /MO $38,250 /YR | Triple Net (NNN) | ||
| 1st Floor | 855 SF | Negotiable | $60.00 /SF/YR $5.00 /SF/MO $645.83 /m²/YR $53.82 /m²/MO $4,275 /MO $51,300 /YR | Triple Net (NNN) |
16851 Victory Blvd - 1st Floor
Can be office, retail, restaurant, or cafe space. Previously a Barber Shop. Great Signage available. Central Air Conditioning. End cap Unit.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- End-Cap
- Barber Shop
- Small Space
- Near Schools
16851 Victory Blvd - 1st Floor
Can be restaurant cafe space. Second Generation restaurant. Has 9ft hood installed. Great Signage available. Central Air Conditioning.
- 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
- Restaurant
- Small Space
- Near Schools
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.
SITE PLAN
SELECT TENANTS AT LAKE BALBOA CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Alpha & Omega Hair Studio
- Salon/Barber/Spa
- 1
- -
- Glamour Nails
- Salon/Barber/Spa
- 1
- -
- Lake Balboa Pro Laundry
- Laundry
- 1
- -
- Stop In Donuts
- Restaurant
- -
- -
- Taqueria Juanito's
- Restaurant
- 1
- -
- The Blade Barbershop
- Salon/Barber/Spa
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Alpha & Omega Hair Studio | Salon/Barber/Spa | 1 | - |
| Glamour Nails | Salon/Barber/Spa | 1 | - |
| Lake Balboa Pro Laundry | Laundry | 1 | - |
| Stop In Donuts | Restaurant | - | - |
| Taqueria Juanito's | Restaurant | 1 | - |
| The Blade Barbershop | Salon/Barber/Spa | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,605 SF | Frontage | 172’ on Victory Blvd |
| Center Type | Strip Center | Gross Leasable Area | 8,749 SF |
| Parking | 23 Spaces | Total Land Area | 1.04 AC |
| Center Properties | 2 | Year Built | 1986 |
| Total Space Available | 1,605 SF |
| Center Type | Strip Center |
| Parking | 23 Spaces |
| Center Properties | 2 |
| Frontage | 172’ on Victory Blvd |
| Gross Leasable Area | 8,749 SF |
| Total Land Area | 1.04 AC |
| Year Built | 1986 |
ABOUT THE PROPERTY
Abundant parking. . Across the street from Birmingham High School.. Convenient Freeway Access. Central San Fernando Valley Location.
- Pylon Sign
- Signalized Intersection
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Victory Blvd | Forbes Ave, E | 40,277 | 2022 | 0.05 mi |
| Balboa Blvd | N Balboa Blvd, S | 23,456 | 2022 | 0.05 mi |
| Balboa Blvd | N Balboa Blvd, N | 28,501 | 2022 | 0.13 mi |
| Victory Blvd | Forbes Ave, W | 41,085 | 2022 | 0.14 mi |
| Victory Blvd | Petit Ave, W | 40,423 | 2022 | 0.24 mi |
| Balboa Blvd | Archwood St, S | 32,475 | 2022 | 0.43 mi |
| Vanowen St | Forbes Ave, E | 26,107 | 2022 | 0.47 mi |
| Hayvenhurst Ave | Gilmore St, N | 10,152 | 2022 | 0.47 mi |
| Vanowen St | Balboa Blvd, E | 26,575 | 2022 | 0.49 mi |
| Balboa Blvd | Vanowen St, S | 31,488 | 2022 | 0.49 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
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