NNN Romantix - Sherman Oaks

The Ventura Boulevard corridor in Sherman Oaks is a bustling commercial and cultural heart of the San Fernando Valley, known for its upscale boutiques, gourmet restaurants, and trendy cafes. Stretching through Sherman Oaks, this iconic thoroughfare blends a suburban vibe with urban sophistication, offering a diverse array of shopping, dining, and entertainment options. It serves as a lively meeting point for locals and visitors, featuring everything from high-end fashion stores to independent art galleries and outdoor patios perfect for people-watching. With its blend of luxury and laid-back atmosphere, the Ventura Boulevard corridor epitomizes the unique charm of Sherman Oaks, making it a must-visit destination for those looking to experience the chic side of Valley life. Sherman Oaks, located in the San Fernando Valley region of Los Angeles, California, presents a dynamic and affluent regional economy characterized by a strong mix of retail, service industries, and professional services. As a residential and commercial neighborhood, Sherman Oaks features a vibrant commercial sector along Ventura Boulevard, known for its upscale dining, shopping, and entertainment options, which attract both locals and visitors. The area’s economy is bolstered by a variety of businesses, including boutique firms, health services, and real estate agencies, reflecting its status as a desirable place to live and work. Additionally, Sherman Oaks benefits from its strategic location near major Los Angeles business centers and transportation corridors, enhancing its appeal to professionals and businesses alike. The presence of financial services, including numerous banks and investment firms, further underscores the economic vitality of Sherman Oaks, making it a key component of the broader economic landscape of the San Fernando Valley and Los Angeles County.The Subject Property is +4,563 square feet of net-leased storefront retail space on a +7,514 square foot lot, prominently located in Sherman Oaks, CA. It is currently under a long-term, NNN lease to Romantix. Positioned along Van Nuys Boulevard between the 101 Freeway and Ventura Boulevard, the property benefits from significant exposure to vehicular traffic, with an average car count of 55,190 cars per day moving north and south. This location is further enhanced by its proximity to a high-traffic, grocery-anchored shopping center directly across the street, ensuring consistent consumer footfall. The property includes onsite parking for eight vehicles, in addition to one designated handicapped parking space, catering to customer convenience and accessibility.Lease Description