11331-11339 Camarillo St. 2 Retail Properties Offered at $9,433,096 CAD in North Hollywood, CA

The Brandon Michaels Group of Marcus & Millichap, as Exclusive Advisor, is pleased to present 11331 Camarillo Street, a high-profile retail asset ideally located on the northeast signalized corner of Tujunga Avenue and Camarillo Street in the high-growth sub-market of North
Hollywood, CA. The property consists of two parcels totaling 6,998 square feet of prime retail space situated on 25,111 square feet of land and includes a large 14 x 48 single-sided billboard. The subject property is home to Starbucks, who has successfully operated at this location since 2007. Starbucks lease expires in July of 2027 with four 5-year options. This location is a top performing site for Starbucks and offers a single lane drive thru. There is a five percent rent increase scheduled for 8/1/2028. There is an additional 5,050 square foot retail building which is currently 100% vacant. This building is divisible and can accommodate one or more tenants. Multiple tenant options are available, as the subject property is ideally located in a State Enterprise Zone, allowing for a myriad of potential uses, including restaurant and medical. The property features 27 parking spaces, a ratio of 3.86 per 1,000 square feet. 11331 Camarillo street benefits from strong daily traffic counts north of 35,000 vehicles per day and is located directly adjacent to the State Route 170 Hollywood Freeway , providing excellent freeway visibility with daily traffic counts north of 200,000 vehicles.