Chapman Market
Price
Price on request
Price/Sq Ft
$3.00
Description
Retail/Restaurant Spaces Available At Chapman Market Chapman Market has recently undergone an exciting renovation, with a focus on being the community gathering spot for the neighborhood. Chapman Market is located in the heart of the Koreatown neighborhood, a highly densed area that covers approximately 3 miles. It is a pedestrian friendly neighborhood with easy access to Metro rail and bus lines connecting the rest of the city. The local community is full of ethnic culinary hot spots as well as exciting entertainment venues.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Financial Details
Market Context
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: multiple brokerages Q3 2023 market report.
Projected current pricing
low confidenceModeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 www matthews com data (cap rate 7.2%, asking rent trend-adjusted to today).
Compare it against other retail listings for lease in Los Angeles, CA to benchmark pricing and space — view the full market.
Retail market FAQ
- What is the typical cap rate for retail in Greater Los Angeles?
- About 5.0% as of Q3 2023, per multiple brokerages.
Unified Estimate
Medium ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
Lease Rate & Market Trend
2000 – 2025 · county sold comps + market trendsFIPS 06037
- Median $/SF (sold)
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Sold Comps
Q1 2026Source: los_angeles_assessor · County FIPS: 06037
Rent vs. Market
$6
17.7% below market average
Listed at $6.0/sqft/mo vs. market avg $7.29/sqft/mo
Assumptions
- Market comparison: retail in los angeles, CA
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Documents
Contact Broker
Derrick Moore
Shiho Takei Moore
Diandra Dillon
Listed by
CBRE System Import