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Encino Village 16656-16664 Ventura Blvd
1,000 - 12,400 SF of Retail Space Available in Encino, CA 91436
Highlights
- Country Market Style Project featuring ± 24,000 SF of tastefully curated flagship anchor and shop spaces (Delivering in 2025)
- Walking distance to over 4.8 Million SF of high-rise office & medical buildings with a daytime population of nearly 100,000+ people within 3 miles
- Irreplaceable & Massive Pylon Signage Opportunities
- Located on 2+ AC at the prominent signalized corner of Ventura Blvd. & Petit Ave. in Encino
- Excellent access & visibility with multiple points of ingress and egress
- At grade parking ratio in excess of ± 6 : 1000 SF with roughly 140 parking spots
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 16650 | 1,000-12,400 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
16650 Ventura Blvd - 1st Floor - Ste 16650
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Anchor Space
- Corner Space
- ± 1,000 - 12,400 SF Flagship & Shop Space
- ± 1,000 - 5,500 SF Charming Boutique Shops Spaces
- 2+ AC at Prominent Signalized Corner
- Multiple Points of Ingress & Egress
- Massive Pylon Signage Opportunities
- Parking: Nearly ± 150 Spots
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS FOR 16656-16664 Ventura Blvd , Encino, CA 91436
| Min. Divisible | 1,000 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 35,787 SF |
| Parking | 301 Spaces | Total Land Area | 4.00 AC |
| Stores | 10 | Year Built | 1974 |
| Center Properties | 2 |
| Min. Divisible | 1,000 SF |
| Center Type | Neighborhood Center |
| Parking | 301 Spaces |
| Stores | 10 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 35,787 SF |
| Total Land Area | 4.00 AC |
| Year Built | 1974 |
About the Property
Pegasus Asset Management is pleased to present the opportunity to lease a new country market style project featuring ± 24,000 SF of tastefully curated flagship anchor and shop spaces (delivering in 2025). This irresistible opportunity is located on 2+ acres at the prominent signalized corner of Ventura Blvd. & Petit Ave. in Encino - perhaps the most affluent and yet under-serviced retail market in Los Angeles. Within walking distance to over 4.8 Million SF of high-rise office & medical buildings with a daytime population of nearly 100,000+ people within 3 miles of the property.
- Property Manager on Site
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
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Encino Village | 16656-16664 Ventura Blvd
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