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8751 Van Nuys Blvd 4,400 SF of Retail Space Available in Panorama City, CA 91402
HIGHLIGHTS
- Close proximity to the 405 Freeway.
- Lots of natural light.
- Heavy pedestrian and automobile traffic.
- Excellent signage and visibility.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 8751 | 4,400 SF | 10’ | 3-10 Years | $35.40 /SF/YR $2.95 /SF/MO $381.04 /m²/YR $31.75 /m²/MO $12,980 /MO $155,760 /YR | Triple Net (NNN) |
1st Floor, Ste 8751
Freestanding Building with private parking. Former Seafood Restaurant & Bar (El Rubi Restaurant). Large kitchen, dining rooms, abundant parking. Approx. 4,400 Sf Open Floor Plan with a Bar, Kitchen, Dance Floor, large Dining Room, storage, private office, restrooms. Occupancy 97 to 144 (to be verified). Parking: currently 21 striped single spaces but May be re-striped to add Tandem Parking.. Excellent Signage Visibility on Van Nuys Boulevard. Located on a busy signalized corner on Van Nuys/Parthenia. Lots of Natural Light.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Finished Ceilings: 10’
- Private parking.
- Lots of Natural Light.
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 | 4,400 SF | Gross Leasable Area | 4,400 SF |
| Property Type | Retail | Year Built | 1961 |
| Property Subtype | Restaurant | Parking Ratio | 7.95/1,000 SF |
| Total Space Available | 4,400 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,400 SF |
| Year Built | 1961 |
| Parking Ratio | 7.95/1,000 SF |
ABOUT THE PROPERTY
Located close to The Plant, Valley Swap Meet, and many apartments and single-family residences.. Heavy Pedestrian and Automobile Traffic. Nearby Panorama Mall, Auto Dealers. Adjacent to Metro Bus Stop. Minutes from Van Nuys Civic Center, LA County Service office. Neighboring tenants include: Walmart, 24 Hour Fitness, Ross Dress For Less, Rite Aid, Dollar Tree, T-Mobile, Verizon, Chase Bank, Bank Of. America, Food 4Less, El Super, La Tapachulteca Salvadorian Market, United States Post Office, El Pollo Loco, IHOP, Panorama City Library, La Kings Valley Ice Center, Close proximity to the 405 FWY.
- Bus Line
- Signage
- Signalized Intersection
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Van Nuys Blvd | W Parthenia St, S | 28,141 | 2022 | 0.08 mi |
| Parthenia St | Tilden Ave, E | 5,107 | 2022 | 0.08 mi |
| Parthenia St | Tobias Ave, NW | 18,914 | 2022 | 0.10 mi |
| Parthenia St | Cedros Ave, W | 23,059 | 2022 | 0.14 mi |
| Van Nuys Blvd | Rayen St, N | 27,531 | 2022 | 0.16 mi |
| Cedros Ave | W Parthenia St, S | 4,330 | 2022 | 0.17 mi |
| Vesper Ave | Parthenia St, N | 3,207 | 2022 | 0.19 mi |
| Cedros Ave | Parthenia St, N | 4,218 | 2022 | 0.19 mi |
| Rayen St | Tobias Ave, W | 5,611 | 2022 | 0.20 mi |
| Van Nuys Blvd | W Parthenia St, NW | 33,356 | 2022 | 0.22 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
exterior1
Kitchen hood
aerial
rear parking
main floor1
main floor2
Kitchen prep area
ice machine and refrigerator
walk in cooler
walk in cooler2