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13329 Sherman Way
North Hollywood, CA 91605 Sun Valley

$6,394,285 USD

Auto Repair For Sale  •  14,000 SF

Property Details

  • Property Type Auto Repair
  • Total Building Size 14,000 SF
  • Lot Size 0.4 AC
  • Building Class C
  • Year Built 1958
  • Tenancy Multiple
  • Zoning LACM
42 Transit Score
77 Walk Score

Highlights

Sale-Leaseback Structure: Seller to sign a new 10-year absolute NNN lease at close of escrow
3% Annual Rent Increases: Provides consistent income growth and inflation protection
Passive Ownership: Absolute NNN lease eliminates landlord responsibilities
Parcel and Parking: ±29,875 SF parcel with 31 surface parking spaces (2.21/1,000 SF ratio)
Recent Upgrades: new paint, modernized lighting, upgraded electrical panels, roof R&M, automated roll-up doors, and new HVAC in retail unit
Dual-facing Billboard: leased to Clear Channel for additional income

Amenities

  • Bus Line
  • Fenced Lot
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Van Nuys (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 6 min - 2.5 mi
Burbank-Bob Hope Airport (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 11 min - 4.6 mi
AirportDriveWalkDistance
Bob Hope 9 min - 3.7 mi
Los Angeles International 35 min - 23.6 mi
Long Beach (Daugherty Field) 53 min - 38.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 31
Type: Surface
Included in Rent: Yes
Brin Hamblin 818-212-2776 Agnew | Serling Group
Brin Hamblin 818-212-2776 Agnew | Serling Group