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1419-1423 W Pico Blvd 1,100 SF of Retail Space Available in Los Angeles, CA 90015
HIGHLIGHTS
- Fully Equipped, 15 foot hood, 9 refrigerators, flat top, range, deep fryer, Tandoor oven.
- Located in the densely populated Pico Union District adjacent to DTLA.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1419 | 1,100 SF | Negotiable | $39.00 /SF/YR $3.25 /SF/MO $419.79 /m²/YR $34.98 /m²/MO $3,575 /MO $42,900 /YR | Triple Net (NNN) |
1st Floor, Ste 1419
Small DTLA restaurant by 110 Fwy Pico Blvd. Located in the densely populated Pico Union District adjacent to DTLA. Fully equipped, 15 foot hood, 9 refrigerators, flat top, range, deep fryer, and Tandoor oven.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Kitchen
- Good walkability.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,100 SF | Gross Leasable Area | 7,200 SF |
| Property Type | Retail | Year Built | 1922 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 1,100 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 7,200 SF |
| Year Built | 1922 |
ABOUT THE PROPERTY
Close walk to Staples Center/LA Live/Convention Center, DTLA deliveries, Pico Union location, close to USC and Figueroa Corridor Fully Equipped, 15 foot hood, 9 refrigerators, flat top, range, deep fryer, Tandoor oven.
- Bus Line
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| W Pico Blvd | Valencia St, NW | 26,678 | 2022 | 0.01 mi |
| W Pico Blvd | Toberman St, NW | 20,226 | 2022 | 0.05 mi |
| W Pico Blvd | Toberman St, SE | 25,535 | 2022 | 0.10 mi |
| W 12th St | Valencia St, NW | 1,627 | 2022 | 0.11 mi |
| W 12th St | Blaine St, SE | 2,181 | 2022 | 0.13 mi |
| W 14th St | Valencia St, NW | 315 | 2022 | 0.14 mi |
| Harbor Frwy & Transit Way | W 12th St, NE | 290,866 | 2022 | 0.15 mi |
| S Union Ave | W Pico Blvd, NE | 12,786 | 2022 | 0.15 mi |
| W 14th St | Albany St, NW | 423 | 2022 | 0.16 mi |
| W 14th St | Toberman St, SE | 472 | 2022 | 0.17 mi |
NEARBY MAJOR RETAILERS
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ADDITIONAL PHOTOS
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