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: 2880 Located close to Seventh Market Place, thebuilding is within two blocks of StaplesCenter, restaurants, retail, hotel & theConvention Center. The building offersexceptional views & striking design. Theproperty has a seven-story parking structurewith a parking ratio of 0.80 per 1000.Amenities include a 10,000 square footrooftop garden plaza, a gift shop, a state-of-the-art security & fire-life safety system,storage space, ProAmerica Bank, several foodservice operators, sundry, on-site propertymanager on site.

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.

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