Retail Business for Lease in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Los Angeles, CA 90012

Description

Retail & Restaurant Spaces For Lease In Little Tokyo The Kajima Building is located in the heart of the vibrant and bustling Little Tokyo district of Downtown Los Angeles. Situated at the corner of 1st and San Pedro, this dynamic 100,989 SF building features office and ground floor retail spaces. Join neighborhood gems such as Dave’s Hot Chicken, Bae dessert bar, Spitz Mediterranean, Starbucks, and more. Retail and restaurant spaces are currently available facing 1st Street and San Pedro.

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

$2.07/SF/mo – $2.79/SF/mo

Mid: $2.43/SF/mo

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

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