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Auto Dealership Opportunity Prime Canoga Park 21339 Sherman Way 1,118 SF of Retail Space Available in Canoga Park, CA 91303




HIGHLIGHTS
- Major growth expected due to Promenade 2035, the Rams training facility & other developments underway in the area
- Adjacent to the Orange Line Busway
- 31,355 cars on Sherman Way & Canoga Ave E
- Located at the intersection of the Sherman Way and Canoga Ave commercial corridors
- Proximal to Warner Center and Westfield Topanga
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,118 SF | Negotiable | $11.04 /SF/YR $0.92 /SF/MO $118.83 /m²/YR $9.90 /m²/MO $1,029 /MO $12,343 /YR | Triple Net (NNN) |
1st Floor
±1,118 SF building on 0.28 AC land Perfect for auto dealership, leasing, detailing, etc MR1-1VL zoning Pylon signage Current tenant: International Auto Center - month-to-month 129' frontage on Sherman Way State enterprise zone
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Car Dealership
- Space is an outparcel at this property
- Central Air Conditioning
- Private Restrooms
- Corner Space
- ±1,118 SF building on 0.28 AC land
- Perfect for auto dealership, leasing, detailing
- MR1-1VL zoning
- Pylon signage
- Current tenant: International Auto Center
- 129' frontage on Sherman Way
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 AUTO DEALERSHIP OPPORTUNITY PRIME CANOGA PARK
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Magic Auto Center Canoga
- Retailer
- 1
- -
TENANT | DESCRIPTION | US LOCATIONS | REACH |
Magic Auto Center Canoga | Retailer | 1 | - |
PROPERTY FACTS
Total Space Available | 1,118 SF | Gross Leasable Area | 1,118 SF |
Property Type | Retail | Year Built | 1985 |
Property Subtype | Freestanding | Parking Ratio | 10/1,000 SF |
Total Space Available | 1,118 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 1,118 SF |
Year Built | 1985 |
Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
Major growth expected due to Promenade 2035, the Rams training facility & other developments underway in the area Located at the intersection of the Sherman Way and Canoga Ave commercial corridors Adjacent to the Orange Line Busway Proximal to Warner Center and Westfield Topanga 31,355 cars on Sherman Way & Canoga Ave E
- Corner Lot
- Fenced Lot
- Pylon Sign
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS










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Auto Dealership Opportunity Prime Canoga Park | 21339 Sherman Way
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