Retail Business for Lease in Los Angeles, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Los Angeles, CA 90064
- Size: 84,000 SF
Description
This recently available property offers retailers a unique opportunity to secure a landmark location on the Westside of Los Angeles. Spanning across a ground floor and lower level, the space features 21’ clear heights that allow for maximum flexibility in design and use. Three levels of parking above grade, including the rooftop, provide ample space for customers and employees. Signalized access with a left turn lane and crosswalk provides exceptional access to the building.
Market Context
This retail in Los Angeles, CA is listed for lease across 84,000 SF. It has been on the market for 21 days. Compare it against other retail listings for lease in Los Angeles, CA — <a href="/search/lease/retail/california/los-angeles">view the full market</a>.
As of Q3 2023, the Greater Los Angeles retail market showed rents up 0.5% year over year, and cap rates around 5.0%. Source: Consensus Q3 2023 market report.
Retail market FAQ
- What is the typical cap rate for retail in Greater Los Angeles?
- About 5.0% as of Q3 2023, per Consensus.
Unified Estimate
Medium Confidence$1.63/SF/mo – $2.21/SF/mo
Mid: $1.92/SF/mo
Total estimate for 84,000 SF: $161,280
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Bryan Norcott · 1213298-3595 · bryan.norcott@nmrk.com
- Bryan Norcott · 1213298-3595 · bryan.norcott@nmrk.com
- Bill Bauman · 1213298-3593 · bill.bauman@nmrk.com
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