Retail Business for Sale in Los Angeles, CA
- Price: Contact for price
- Listing type: For sale
- Asset type: Retail Business
- Location: Los Angeles, CA 90017
Description
Available sqft: 4531 800 S FIGUEROA is located in the heart of the Figueroa Corridor and Downtown Los Angeles' Financial District. At the base of 126,000 SF of office space, this retail space neighbors Fogo de Chao and the Figat7th shopping complex. Noteable tenants at Figat7th include Target, Zara, Pink, and Nordstrom Rack. Thousands of new residential units and hotel rooms are currently under construction in the Figueroa Corridor.
Market Context
This retail in Los Angeles, CA is listed for sale. It has been on the market for 148 days. Compare it against other retail listings for sale in Los Angeles, CA — <a href="/search/sale/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$360.42/SF – $425.05/SF
Mid: $424.02/SF
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Derrick Moore · 213 613 3334 · derrick.moore@cbre.com
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