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Highlights
- Street-level restaurant space leased together with an upstairs residential unit
- Commercial kitchen with visible stainless-steel preparation, washing and cooking areas
- Prominent storefront and building signage along South Prairie Avenue
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,539 SF | Negotiable | $37.94 CAD/SF/YR $3.16 CAD/SF/MO $134,281 CAD/YR $11,190 CAD/MO | Triple Net (NNN) |
1st Floor
10623 S Prairie Avenue offers a mixed-use lease opportunity consisting of an approximately 2,900-square-foot ground-floor restaurant together with an approximately 639-square-foot upstairs residential studio. The restaurant features an existing dining area, service counter, commercial kitchen, food-preparation and storage areas, visible Prairie Avenue signage, and rear service access. The upstairs studio is offered at approximately $2,400 per month and provides a convenient on-site residential component for an approved operator, manager, or occupant. The restaurant and residential studio are being leased together, creating a practical live/work opportunity for a food-service operator. Furniture, fixtures, kitchen equipment, signage, and other personal property shown in the photographs are subject to a final inventory and written lease terms. Prospective tenants should independently verify permitted use, licenses, utilities, equipment condition, residential occupancy, and all applicable governmental requirements.
- Lease rate does not include utilities, property expenses or building services
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.
Select Tenants at 10623 S Prairie Ave, Inglewood, CA 90303
- Tenant
- Description
- US Locations
- Reach
- La Perla
- Ladies' Apparel
- 40
- International
| Tenant | Description | US Locations | Reach |
| La Perla | Ladies' Apparel | 40 | International |
Property Facts
| Total Space Available | 3,539 SF | Gross Leasable Area | 3,539 SF |
| Property Type | Retail | Year Built | 1946 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 2.83/1,000 SF |
| Total Space Available | 3,539 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,539 SF |
| Year Built | 1946 |
| Parking Ratio | 2.83/1,000 SF |
About the Property
This mixed-use lease opportunity includes an approximately **2,900-square-foot ground-floor restaurant** and an approximately **639-square-foot upstairs residential studio**. The restaurant features an existing dining area, service counter, commercial kitchen, preparation and storage areas, prominent Prairie Avenue frontage, and rear service access. The upstairs studio is available at approximately **$2,400 per month**, providing a convenient on-site residential option for an approved operator, manager, or occupant.
- Bus Line
- Signage
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10623 S Prairie Ave
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