14434-14480 Sherman WayLos Angeles, CA 91405

This exceptional investment opportunity presents a stabilized, two-tenant retail center in Los Angeles, CA, boasting a 5.45% cap rate and a strong NOI of $686,635. The property, located at 14434-14480 Sherman Way, comprises two single-story buildings totaling 18,296 square feet on a 1.21-acre lot with 70 parking spaces. Anchored by nationally recognized DaVita (DVA-NYSE) and the successful regional restaurant El Gallo Giro, this property benefits from a 100% occupancy rate and long-term NNN leases with corporate guarantees. The leases feature built-in rent increases, providing an inflation hedge and potential for future income growth. Situated at a high-traffic intersection (Van Nuys Blvd. and Sherman Way), the property enjoys exceptional visibility and accessibility, with daily traffic exceeding 86,800 vehicles. The strategic location within a densely populated area of Van Nuys offers a robust consumer base, with over 46,400 residents within a 1-mile radius, 328,851 within 3 miles, and a daytime population exceeding 278,160 within a 3-mile radius. The property is zoned C2-1L / TOC Tier 4 and features a fee-simple ownership structure, making it an ideal 1031 exchange opportunity. Built in 1995, this asset offers a diversified tenant mix of medical and food uses, representing a highly desirable and secure investment in the Los Angeles MSA. The property's passive income stream, minimal operating expenses, and strong tenant credit make it an attractive proposition for discerning investors.