True
Space Available For Lease 1
#16500 |
14,870 on Sherman Way (2025); 30,305 on de Celis Pl (2025); 39,771 on de Celis Pl (2025); 19,707 on W Sherman Way (2025); 1,548 on Gault St (2025); 1,621 on Bassett St (2025); 38,592 on Whitaker Ave (2025); 12,238 on Vanowen St (2025); 837 on Gault St (2025); 41,756 on Valjean Ave (2025)
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Brian Wiener
illi Commercial Real Estate ![]()
Todd Nathanson
illi Commercial Real Estate ![]()
Brandon Partieli
illi Commercial Real Estate |
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Property Details
- Property Type Retail - Neighborhood Center
- Property Size 55,495 SF
- Lot Size 3.49 Acre
- Property Tenancy Multi-Tenant
- Year Built 1994
- Date Updated May 27, 2025
Reach out to the broker for more info on lease terms and amenities
Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Van Nuys, CA
- Neighborhood Lake Balboa
- Zip Code 91406
- Market Los Angeles
Points of Interest
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Van Nuys
2.77 miles
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Sylmar/San Fernando
6.82 miles
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North Hollywood
7.02 miles
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Lower Tram Station
7.87 miles
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Burbank Airport–South
8.01 miles
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Upper Tram Station
8.51 miles
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Universal City/Studio City
8.60 miles
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Speedway
0.44 miles
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Chevron
0.93 miles
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76
0.94 miles
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Ralphs Gas Station
1.09 miles
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Mobil
1.50 miles
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Shell
1.53 miles
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Valero
1.74 miles
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G3 Charging Station
3.14 miles
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Chargie
3.37 miles
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B2 Charging Station
3.38 miles
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Bike Path and Golf Course Parking
1.10 miles
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Sepulveda Station Parking Lot
1.95 miles
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LADOT Lot 640
2.28 miles
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Student Parking Lot
2.36 miles
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LADOT Lot 622
2.40 miles
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Encino Park and Ride
2.50 miles
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Oak Tree Appartment gated parking
2.74 miles
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Orange Line Parking
2.94 miles
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Parking Lot G3
3.15 miles
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Faculty/Staff Lot F2
3.17 miles
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Popeyes
0.02 miles
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Denny's
0.09 miles
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La Corona Bar & Grill
0.15 miles
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In-N-Out Burger
0.44 miles
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Beeps Fast Food Drive-In
0.56 miles
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McDonald's
0.59 miles
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Del Taco
0.61 miles
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Millie's Restaurant & Bakery
0.62 miles
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Jack in the Box
0.65 miles
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Yummy Donuts
0.72 miles
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Food 4 Less
0.05 miles
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Vallarta
0.59 miles
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Ralphs
1.00 miles
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Q Market & Produce
1.02 miles
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Greenland Market
1.42 miles
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JONS Marketplace
1.60 miles
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99 Ranch Market
1.81 miles
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Jons
2.04 miles
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Target
2.10 miles
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Sepulveda Plaza
2.12 miles
16500 Sherman Way Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
16500 Sherman Way is located in Lake Balboa, which is home to a total of 3 listing(s). Retail space at Airport Plaza asks $34.20/SF/YR per square foot.
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The property includes 1,818 square feet of retail space for lease. Of this total, 1,818 square feet are Retail.
Lease agreement conditions for the availability at this property include NNN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Lake Balboa is 38. The average household income here is $84,628 per year.
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.