Retail Business for Lease in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Los Angeles, CA 90071

Description

RETAIL & RESTAURANT OPPORTUNITIES AT DOWNTOWN LA’S PREMIER OFFICE CAMPUS As one of the nation’s largest high-rise office developments, City National Plaza encompasses over 2.6M square feet of office space in two 52-story towers and a connecting “jewelbox” building. Since it purchased the complex in 2013, Commonwealth Partners has significantly transformed the conventional buildings designed for traditional tenants into an innovative workplace that supports the needs of creative and entrepreneurial companies and their employees, and provides common area spaces that enhance not only the property, but also the community at large.

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

$1.90/SF/mo – $2.58/SF/mo

Mid: $2.24/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

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