Retail Business for Lease in Los Angeles, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Los Angeles, CA 90026
- Size: 1,175 SF
Description
Space Highlights - Located at the signalized intersection of Sunset Blvd and Alvarado St - Busiest intersection in Echo Park with combined ±85,000 cars per day - Excellent retail location with great visibility - Nearby to many new restaurants and retailers along Sunset Blvd - Parking in front - Ingress/Egress to both Sunset Blvd and Alvarado St
Market Context
This retail in Los Angeles, CA is listed for lease across 1,175 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 1,175 SF: $2,256
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- David Ghermezian · 1310407-6573 · david.ghermezian@nmrk.com
- David Ghermezian · 1310407-6573 · david.ghermezian@nmrk.com
- Jonathan Dadourian · 1310407-6567 · jonathan.dadourian@nmrk.com
- Rebecca Linck · 1310407-6581 · rebecca.linck@nmrk.com
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