Van Nuys

Leasing, buying, and managing in Van Nuys.

The most varied submarket in the Valley, and one where the right lease terms matter more than the headline rate. We put a first-time retailer into its first store here at below market rent.

In short

Van Nuys sits at the centre of the San Fernando Valley and carries the widest property mix in it: retail and service commercial along Victory, Sherman Way and Van Nuys Boulevard, light industrial and flex around Van Nuys Airport, and older multifamily throughout. Encore represents tenants, landlords, buyers, and sellers here, and manages property after close. Our Valley leasing record includes securing Smashin Sam's its first location on Victory Boulevard at below market rent, and an 8,251 square foot tenant representation on Saticoy Street in Reseda that landed below market rent with a strong tenant improvement allowance. In this submarket the terms around the rate, the tenant improvement allowance, when free rent begins, and who carries the roof and HVAC, usually decide the deal.

Van Nuys commercial real estate

Closed in the central Valley

PropertySizeRole
16851 Victory Blvd #9RetailRepresented Smashin Sam's in securing its first location at below market rent
19307 Saticoy St, Reseda8,251 SFRepresented the tenant, securing below market rent and a strong tenant improvement allowance

A first location is the hardest lease a business ever signs. No operating history, no track record, and a landlord who knows it.

What makes Van Nuys different

Most Valley submarkets have a character. Van Nuys has several at once. The retail corridors serve a dense local trade area, the airport-adjacent industrial serves distribution and light manufacturing, and the civic centre pulls medical and government-adjacent office. A single set of comparables will not describe all of it.

Practically, that means selecting comps by use and corridor rather than by city name. Two buildings a mile apart in Van Nuys can be in genuinely different markets, and pricing one off the other is how owners under-lease space and tenants overpay for it.

Where deals are won here

Rarely on the rate. On the terms that sit around it.

  • Tenant improvement allowance. Second-generation space needs far less than a cold shell. Negotiate the allowance after the landlord is happy with the rate, not before
  • When free rent starts. From execution, it burns while you are still permitting. From certificate of occupancy, you get it when you can actually trade
  • Zoning and permitted use. Confirm before the letter of intent. A use requiring a conditional use permit can add months or fail outright
  • Roof, HVAC, and deferred maintenance. On older Valley stock these clauses decide who pays for the first failure, and there is usually a first failure

What we do in Van Nuys

  • Tenant representation. Site selection on and off market, letter of intent through signed lease, with the final document cross-checked against every LOI term
  • Landlord representation. Pricing, marketing, and tenant qualification so a vacancy fills with a covenant that holds
  • Buyer and seller representation. Underwriting and offer strategy on commercial, industrial, and multifamily acquisitions
  • Management after close. We manage what our clients buy, if they want it. No obligation either way

Looking at Van Nuys?

Send the address and the use. We will pull real comparables for that corridor rather than a submarket average, and tell you plainly when a space does not work for what you are trying to do.

Nearby: Sun Valley for east Valley industrial, and Burbank for media-adjacent commercial and multifamily.

Common questions

Van Nuys questions we get.

What kind of commercial property is in Van Nuys?

Van Nuys carries one of the broadest property mixes in the San Fernando Valley: retail and service commercial along the Victory, Sherman Way, and Van Nuys Boulevard corridors, light industrial and flex space around Van Nuys Airport, older multifamily throughout, and government and medical uses near the civic center. That range is why it works for a first-location retailer and a light-manufacturing tenant at the same time. It also means comparables have to be selected carefully, because two buildings a mile apart can serve completely different markets.

How much does retail or industrial space cost in Van Nuys?

Rates vary widely by corridor, condition, and lease structure, so a quoted rate on its own is not comparable. A triple net rate excludes taxes, insurance, and common area maintenance that you will still pay, while a gross rate bundles them, and the two can produce similar occupancy costs from very different headline numbers. The practical approach is to convert every quote to a total cost per square foot per month, then compare. We will run current comparables for a specific address and use rather than quote a submarket average.

Do you represent tenants looking for space in Van Nuys?

Yes, and it is a large share of our Valley work. We handle site selection across on-market and off-market space, negotiate the letter of intent, and cross-check the final lease against every term agreed in the LOI before it is signed. We represented Smashin Sam's in securing its first location on Victory Boulevard at below market rent, and a tenant on Saticoy Street in Reseda in an 8,251 square foot lease that landed below market rent with a strong tenant improvement allowance. In most Los Angeles commercial deals the landlord already pays a commission split with a tenant representative, so representation frequently costs the tenant nothing.

Can you manage a property in Van Nuys after I buy it?

Yes. Encore handles brokerage, leasing, and property management under one roof, and a number of our management accounts began as transactions we represented. Full service covers rent collection and owner reporting, vendor and work-order management, lease administration and renewals, tenant screening, preventative maintenance, after-hours emergency response, and California rent-regulation compliance. There is no obligation to use us for management if we represent you on a purchase.

What should I check before leasing space in Van Nuys?

Confirm the zoning permits your specific use before you sign, not after, because a use that requires a conditional use permit can add months or fail outright. Then check parking ratio against what your use actually needs, power capacity if you are doing anything beyond office, signage rights, and whether the delivery is shell or turnkey. On older Valley buildings, confirm who carries responsibility for the roof, HVAC, and any deferred maintenance already visible, because those clauses decide who pays for the first failure.

Need space in Van Nuys, or have one sitting empty?

Call   and we will run the comparables with you.

Contact Encore