Retail Business for Sale in Los Angeles, CA

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

Description

RETAIL & RESTAURANT SPACES FOR LEASE IN LITTLE TOKYO Hikari Apartments is located in the heart of the vibrant and bustling Little Tokyo district of Downtown Los Angeles. Situated at the corner of 2nd and Central, this dynamic complex features 128 residential units above the ground floor retail spaces. Join neighborhood gems such as Bae dessert bar and Spitz Mediterranean Street Food onsite. Retail and restaurant spaces are currently available facing either 2nd Street or Central Ave. Restaurant-ready spaces are available Centrally located in Little Tokyo, with close proximity to the Arts District Join existing retailers Spitz, Bae, Twinkle Brown Sugar, and FedEx Office Great pedestrian traffic in an extremely walkable neighborhood

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.

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