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Studio City shopping center 11032-11042 Ventura Blvd 980 SF of Retail Space Available in Studio City, CA 91604
HIGHLIGHTS
- Heavy daytime traffic from surrounding area
- Many options for redesigning the space
- Long-term established existing tenants
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11036 | 980 SF | 5-10 Years | $86.27 CAD/SF/YR $7.19 CAD/SF/MO $84,543 CAD/YR $7,045 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 11036
Currently built out as a full-service nail salon, this space features multiple nail stations, 6 spa pedicure chairs, a private treatment/facial room, in-suite laundry facilities, and a restroom. The tenant is offering the business for sale, making this a turnkey opportunity for a new owner/operator to step right in with minimal start-up costs. An absentee owner operates the current business, so there is significant upside for a hands-on operator. With the right vision, the space could be expanded to include additional beauty services such as eyelashes, waxing, skincare, and related treatments to increase revenue. Landlord is open to discussing future use, but the existing improvements are ideally suited for continuing nail or beauty services. Interested parties may contact the landlord directly for more details or visit the store to connect with the current owner.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Drop Ceilings
- Plug & Play
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 STUDIO CITY SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Red White Ramen
- Accommodation and Food Services
- -
- -
- Residuals Tavern
- Cocktail Bar
- 1
- -
- Studio City Tattoo - Los Angeles Body Piercing
- Massage
- 1
- -
- Supercuts
- Salon/Barber/Spa
- 3,811
- International
- Victory Cafe
- Accommodation and Food Services
- -
- -
- Ye Olde Tattoo Shoppe
- Massage
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Red White Ramen | Accommodation and Food Services | - | - |
| Residuals Tavern | Cocktail Bar | 1 | - |
| Studio City Tattoo - Los Angeles Body Piercing | Massage | 1 | - |
| Supercuts | Salon/Barber/Spa | 3,811 | International |
| Victory Cafe | Accommodation and Food Services | - | - |
| Ye Olde Tattoo Shoppe | Massage | 1 | - |
PROPERTY FACTS
| Total Space Available | 980 SF | Total Land Area | 0.73 AC |
| Property Type | Retail | Year Built | 1986 |
| Property Subtype | Storefront | Parking Ratio | 32.65/1,000 SF |
| Gross Leasable Area | 980 SF |
| Total Space Available | 980 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 980 SF |
| Total Land Area | 0.73 AC |
| Year Built | 1986 |
| Parking Ratio | 32.65/1,000 SF |
ABOUT THE PROPERTY
We are marketing unit 11036 for sale. Currently built out as a full-service nail salon, this space features multiple nail stations, 8 spa pedicure chairs and 6 tables, a private treatment/facial room, in-suite laundry facilities, and a restroom. An absentee owner has operated the current business for 2 years, so there is significant upside for a hands-on operator. With the right vision, the business could add additional beauty services such as eyelashes, waxing, skincare, laser and related treatments. The tenant is offering the business for sale, making this a turnkey opportunity for a new owner/operator to step right in with minimal start-up costs. Landlord is open to discussing future use, but the existing improvements are ideally suited for continuing nail or beauty services. Interested parties may contact the agent or visit the store to connect with the current owner. The Center hosts a variety of tenants, including both service providers and food establishments, many of which have operated here for several years. The building features a brick structure, complemented by a painted stucco facade and glass storefronts. Access to the center is available through three entrances on Ventura Blvd, Fruitland Ave, and the alleyway. Parking is ample, with 32 spaces available, alongside a prominent pylon sign to enhance visibility and marketing. The current management team ensures the center is well-maintained.
- Corner Lot
- Pylon Sign
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
Presented by
Moon Realty Pasadena
Studio City shopping center | 11032-11042 Ventura Blvd
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