Wall Street Plaza 18645-18663 Ventura Blvd Local commercial 4 346 m² 91 % Loué À vendre Tarzana, CA 91356 14 600 391 € (3 359,78 €/m²)

Kidder Mathews is pleased to exclusively offer Wall Street Plaza, a ±46,776 SF mixed-use retail and office investment with a dedicated adjacent parking structure at 18645-18663 Ventura Boulevard in Tarzana, California. Situated at the signalized northeast corner of Yolanda Avenue and Ventura Boulevard, the property commands frontage along one of the most heavily traveled commercial corridors in the San Fernando Valley, with daily traffic volumes approaching 40,000 vehicles along the property frontage and exceeding 41,000 just east of the site.
Wall Street Plaza is a three-story, architecturally distinctive building originally constructed in 1986 and renovated in 2004. The property sits on two parcels totaling approximately ±58,867 SF of land and includes a dedicated adjacent parking structure providing approximately 211 total parking spaces at a 4.3:1,000 SF ratio.
The property is currently approximately 90% leased to a diversified mix of restaurant, medical, financial services, beauty, bridal, and daily-needs tenants, many of whom have long-standing occupancy histories and significant investment in their spaces. With available vacancy for near-term lease-up, in-place rents below current submarket levels, and many tenants operating on gross leases without full CAM reimbursement, Wall Street Plaza presents investors with a rare opportunity to acquire durable in-place income with multiple paths to organic growth through rent resets, NNN conversion, lease-up, and potential parking monetization.
Offered at $16,950,000 ($362/SF of GLA), Wall Street Plaza is priced well below the cost of constructing a comparable building with a dedicated parking structure in today’s market. Delivered free and clear of debt, the combination of in-place cash flow, below-market rents, lease-up upside, NNN conversion opportunity, and irreplaceable Ventura Boulevard positioning makes this a rare acquisition for investors seeking both income stability and organic growth.