Mixed-Use Retail and Office for Lease
Spaces
Retail | 4 spaces available | 236 SqFt - 1,429 SqFt
Building description
illi Commercial Real Estate is pleased to present 19709 Ventura Boulevard, a 5,818 square foot mixed-use retail and office property situated on 0.15 acres of land (6,603 Sf) in the affluent West San fernando Valley submarket of Woodland Hills, CA.19709 Ventura Boulevard is currently 41.12% occupied by a mix of ground floor retail tenants and second floor office tenants.
The ground floor is made up of four (4) retail units and one additional unit in a separate structure in the rear totaling 3,091 square feet (an average 618 square foot per unit). On average, the ground floor tenants are paying $3.08/ Sf per month (or $5,122.00 monthly) on gross leases. The ground floor tenants are on short-term leases, with an average remaining lease term of 0.24 years, with the longest lease expiring on 4/30/2025.
The subject property benefits from excellent visibility and frontage, ideally located one parcel west of the NW signalized corner of Corbin Ave & Ventura Blvd, with approximately 50 feet of linear frontage along Ventura Boulevard. The property is served by 8 surface parking spaces, a parking ratio of 1.38 spaces per 1,000 Sf, accessible via an alley in the rear.
UNITS AVAILABLE
UNIT 103 | ±1,429 SF RETAIL SPACE | MG
UNIT 105 | ±236 SF RETAIL SPACE | MG
UNIT 204 | ±576 SF RETAIL SPACE | MG
UNIT 205 | ±473 SF RETAIL SPACE | MG
Please contact the listing brokers directly for current rate information.
Building highlights
The ground floor retail is made up of four (4) retail units, one separate unit in the rear, and five (5) second-floor office units totaling 5,818 SF
The current tenancy is on short-term leases with an average term remaining of 0.28 years, with the longest lease expiring in 4/30/2025
Ideally positioned, one parcel west of the NW signalized corner of Corbin Avenue and Ventura Boulevard
Approximately 50 feet of linear frontage along Ventura Boulevard
Listing Contacts
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Property History
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