Retail Business for Lease in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Los Angeles, CA

Description

GROUND FLOOR RETAIL AVAILABLE THE HOTTEST CORRIDOR IN DOWNTOWN Former Leed's Department Store (opened in 1942) Year Built/Renovated: 1913/2018 Ground floor retail - 2,536 SF Basement - 3,669 SF $3.50 psf NNN Basement: $2.00 psf NNN Marquee Blade Signage Available On the Approved Streetcar Route Neighboring retailers include Aesop, Gap, Urban Outfitters, West Elm, Footaction, Shiekh Shoes, and Apple (coming soon) Exposed brick with concrete floors Signalized pedestrian walkway directly in front of the location

Market Context

This retail in Los Angeles, CA is listed for lease. It has been on the market for 148 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.

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