Retail Business for Sale in Los Angeles, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Los Angeles, CA 90028

Description

Embedded below the famed W Hotel, the available space at 6250 Hollywood Blvd offers an unparalleled location in the heart of Hollywood with direct frontage on the Hollywood Walk of Fame. The site will benefit from The W Hotel Hollywood’s multi-million dollar renovation (est. completion Q1 2024), and offers brands the opportunity to capitalize on one of LA’s most dense and heavily trafficked retail districts. Additionally, the proximity to the Metro station, notable office buildings (Capital Records, Netflix, Taft Building, and more), combined with access to a strong tourist market, abundant daytime workers and affluents residents creates a truly Flag Ship opportunity for any concepts looking to enter the market.

Market Context

This retail in Los Angeles, CA is listed for sale. It has been on the market for 93 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.

Unified Estimate

Medium Confidence

$318.26/SF – $430.58/SF

Mid: $374.42/SF

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

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