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High Street Retail on West 3rd St 7961 W 3rd St 1,911 - 3,961 SF of Retail Space Available in Los Angeles, CA 90048
HIGHLIGHTS
- West 3rd street location
- Adjacent to Trader Joe’s and Mendocino Farms
- Patio area
- Close proximity to Verve Coffee Roasters, Magnolia Bakery, Sweetgreen, La La Land Cafe, Whole Foods, The Grove, and The Original Farmers Market
- Nearby popular dining includes Bacari, Oste, Joan’s on Third, The Little Door, and Toast Bakery Cafe
- Shared patio on the second floor
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 1,911 SF | Negotiable | $63.00 /SF/YR $5.25 /SF/MO $678.13 /m²/YR $56.51 /m²/MO $10,033 /MO $120,393 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste B | 2,050 SF | Negotiable | $58.20 /SF/YR $4.85 /SF/MO $626.46 /m²/YR $52.20 /m²/MO $9,943 /MO $119,310 /YR | Triple Net (NNN) |
1st Floor, Ste A
*DISCLAIMER* A reduced asking rate of $4.85/SF/mo applies to a lease for the entire contiguous space only, which is ±3,961 SF. -Open floor plan -High pedestrian and vehicle traffic -Lots of natural light -Bi-fold windows -Parking in rear -Shared patio on the second floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 3,961 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Corner Space
- Exposed Ceiling
- After Hours HVAC Available
- Open floor plan
- High pedestrian and vehicle traffic
- Lots of natural light
- Bi-fold windows
- Parking in rear
- Shared patio on the second floor
1st Floor, Ste B
*DISCLAIMER* A reduced asking rate of $4.85/SF/mo applies to a lease for the entire contiguous space only, which is ±3,961 SF. -Open floor plan -High pedestrian and vehicle traffic -Lots of natural light -Bi-fold windows -Parking in rear -Shared patio on the second floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 3,961 SF of adjacent space
- Central Air Conditioning
- Private Restrooms
- Corner Space
- Exposed Ceiling
- After Hours HVAC Available
- Open floor plan
- High pedestrian and vehicle traffic
- Lots of natural light
- Bi-fold windows
- Parking in rear
- Shared patio on the second floor
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 | 3,961 SF | Gross Leasable Area | 7,700 SF |
| Property Type | Retail | Year Built | 1957 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 3,961 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,700 SF |
| Year Built | 1957 |
ABOUT THE PROPERTY
West 3rd street location Close proximity to Verve Coffee Roasters, Magnolia Bakery, Sweetgreen, La La Land Cafe, Whole Foods, The Grove, and The Original Farmers Market Adjacent to Trader Joe’s and Mendocino Farms Nearby popular dining includes Bacari, Oste, Joan’s on Third, The Little Door, and Toast Bakery Cafe
- 24 Hour Access
- Bus Line
- Corner Lot
- Fenced Lot
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| W 3rd St | S Laurel Ave, E | 30,487 | 2025 | 0.09 mi |
| W 3rd St | S Fairfax Ave, E | 33,303 | 2025 | 0.10 mi |
| S Laurel Ave | W 3rd St, S | 984 | 2025 | 0.10 mi |
| S Fairfax Ave | W 3rd St, S | 38,865 | 2025 | 0.12 mi |
| S Fairfax Ave | Blackburn Ave, S | 35,444 | 2025 | 0.14 mi |
| W 1st St | S Edinburgh Ave, W | 2,690 | 2025 | 0.15 mi |
| W 1st St | S Edinburgh Ave, E | 1,869 | 2025 | 0.16 mi |
| W 3rd St | S Kilkea Dr, W | 29,319 | 2025 | 0.17 mi |
| S Fairfax Ave | Blackburn Ave, N | 32,381 | 2025 | 0.17 mi |
| W 1st St | S Hayworth Ave, W | 3,831 | 2025 | 0.17 mi |
NEARBY MAJOR RETAILERS
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