List Search

18258 Sherman Way
Reseda, CA 91335

Price Upon Request

Land For Sale  •  1.07 AC

Property Details

  • Property Type Land
  • Lot Size 1.07 AC
  • Zoning RAS4
48 Transit Score
88 Walk Score

Description

Kidder Mathews is please to present for sale the corner of Sherman Way and Etiwanda. Located in the heart of the San Fernando Valley, 18260 Sherman Way offers a rare opportunity to own a high-exposure commercial property in a heavily trafficked corridor of Reseda. This versatile building features ± 13,070 of usable space on a ± 46,000 square foot lot.The property boasts excellent frontage along Sherman Way, ample parking, and strong foot and vehicle traffic. Zoned LARAS4, the site provides flexibility for a variety of business types, with the potential to build over 200 units when Citibank vacates the site. Citibank has 3.8 years left on their current Lease with three (5) year Options. This is an excellent covered land play with a National Credit Tenant Surrounded by national retailers, restaurants, and residential neighborhoods, this location is perfectly positioned to serve both local and destination customers. Easy access to major freeways, including the 101 and 405, adds to the property's strategic appeal.

Highlights

Excellent Visibility and Frontage along Sherman Way
Citibank (Citigroup, Inc)- AAA Tenant
Strong Demographics and Daily Traffic Counts
Covered Land Play
Potential to Build over 200 units on the size

Public Transportation

Commuter RailDriveWalkDistance
Northridge (Ventura County Line - Southern California Regional Rail Authority (Metrolink)) 7 min - 2.8 mi
8 min - 2.8 mi
AirportDriveWalkDistance
Bob Hope 23 min - 9.9 mi
Los Angeles International 35 min - 23.5 mi
Long Beach (Daugherty Field) 53 min - 41.0 mi
Elizabeth Clark 310-740-7283 Kidder Mathews
Elizabeth Clark 310-740-7283 Kidder Mathews