For Lease
$16.84/SF/YR

10955 Magnolia Blvd Los Angeles, CA 91601

Prime Los Angeles medical office space.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 13,357-square-foot medical office building, formerly a Walgreens, is located at 10955 Magnolia Blvd, Los Angeles, CA 91601, at the signalized intersection of Magnolia and Vineland. Built in 2007, this two-story building features a single tenant occupancy, approximately 35 parking spaces, and convenient access via both Vineland and Magnolia Boulevards, including rear and front access. The property boasts a drive-through and prominent building signage. The master lease expires on July 31, 2032, with a current annual rent of $225,000 (excluding utilities, repairs, and maintenance). The building is zoned C4-1-CA (Enterprise Zone), and pharmacy use is prohibited. The first floor encompasses approximately 10,095 square feet. This property presents a unique opportunity for medical professionals seeking a high-visibility location in a thriving Los Angeles market. The building includes elevators.

Highlights

  • 13,357 SF medical office building, formerly a Walgreens, located at 10955 Magnolia Blvd, Los Angeles, CA 91601.
  • Located in the NoHo Arts District, a trendy San Fernando Valley area, near Toluca Lake and Valley Village. High pedestrian traffic and population density.
  • Excellent access to public transportation (0.25 miles to the North Hollywood Metro Line) and major freeways (1.5 miles to the 101/170/134 freeway junction). Also close to Universal Studios Hollywood and Bob Hope Airport.
  • Two-story building with approximately 35 parking spaces, drive-through, and prominent signage. Features front and rear access via Magnolia and Vineland Boulevards and elevators.
  • Sublease term expires 7/31/2032; suggested annual rent: $225,000 (modified gross; utilities, repairs, and maintenance separate). "As-Is" condition. Offers subject to Walgreens Co. Real Estate Committee approval.

Property Details for 10955 Magnolia Blvd

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
13,357 SF
Year Built
2007
Stories
2

Unit(s) available at that property

Space
Size
13,357 SF
Rate per SF
$16.84

Location Insight

City
Los Angeles
County
Los Angeles
State
California
Latitude
34.1650951
Longitude
-118.3697007

FAQs

What type of property is this?
Retail property - Prime Los Angeles medical office space.
Where is the retail property located?
The property is located at 10955 Magnolia Blvd Los Angeles, CA.
What is the lease rate?
The lease rate is $16.84/SF/YR.
What are key features of this property?
This property features: 13,357 SF medical office building, formerly a Walgreens, located at 10955 Magnolia Blvd, Los Angeles, CA 91601.; Located in the NoHo Arts District, a trendy San Fernando Valley area, near Toluca Lake and Valley Village. High pedestrian traffic and population density.; Excellent access to public transportation (0.25 miles to the North Hollywood Metro Line) and major freeways (1.5 miles to the 101/170/134 freeway junction). Also close to Universal Studios Hollywood and Bob Hope Airport.
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10955 Magnolia Blvd
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