Retail Business for Lease in Los Angeles, CA
- Price: Contact for price
- Listing type: For lease
- Asset type: Retail Business
- Location: Los Angeles, CA 90020
Description
Unleash your visioln at 450 Western Ave where Koreatown‘s energy pulses through a thriving three-level retail hub. Imagine your brand alongside the beloved California Marketplace, drawing crowds into a vibrant tapestry of experiences. This isn‘t just space; it‘s an invitation. Picture your restaurant sizzling with life or your store captivating the community. Benefit from a dynamic location, ample parking, and the spirit of Koreatown – a canvas for your retail dream to flourish. Step into success!
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.
Unified Estimate
Medium Confidence$2.55/SF/mo – $3.45/SF/mo
Mid: $3.00/SF/mo
Rate-first confidence-weighted blend with cost-of-business adjustment.
Contact
- Derrick Moore · 213 613 3334 · derrick.moore@cbre.com
- Shiho Takei Moore · 213 613 3000 · shiho.moore@cbre.com
- Diandra Dillon · 213 613 3222 · diandra.dillon@cbre.com
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