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14568 Ventura Blvd, Sherman Oaks CA 91403
Area Highlights
CityStreet Commercial is pleased to introduce 14568 Ventura Blvd to the LA market. This 2nd gen restaurant is located on the highly coveted Ventura Boulevard in Sherman Oaks, highlighting the area’s vibrant nightlife and dining culture bringing considerable foot traffic. Overall, this unique restaurant provides an unparalleled investment opportunity in one of the most high-end real estate markets in California.
Deal Points
- Key Money: Negotiable
- 2021 Gross income $1.2MM | Net income appx $360K
- 2022 Gross income $1.1MM | Net income appx $210K
- Appx 1,800 SF including appx 400 SF patio
- Current rent: appx $7,327/mo $1,227 NNN
- Lease Expires March 2026 (1) one (3) three-year option
- Type-41 Liquor License
- Hours of Operation: 11 am – 12:00 am daily
- Permitted Seating: 50