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Retail/Creative-Pico & Sepulveda-PYLON SIGN 11161 W Pico Blvd 12,380 SF of Retail Space Available in Los Angeles, CA 90064
HIGHLIGHTS
- Corner Pico frontage with large pylon signage
- Flexible interior improvements to accommodate retail, 2,600 sq ft warehouse and creative office
- Owner may consider a SALE.
- Surface parking and truck loading
- One block from Expo stop and easy San Diego Fwy access.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 12,380 SF | 5 Years | $51.30 CAD/SF/YR $4.27 CAD/SF/MO $635,047 CAD/YR $52,921 CAD/MO | Triple Net (NNN) |
1st Floor
Retail/creative space with large open area, two private offices, good surface parking, large pylon sign on Pico and 12'-13' clearance in the warehouse with ground level truck loading. The M2 zoning allows for industrial, commercial and retail uses.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Anchor Space
- Central Air Conditioning
- Exposed Ceiling
- High exposure Pico corner west of Sepulveda
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 RETAIL/CREATIVE-PICO & SEPULVEDA-PYLON SIGN
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Adventure 16
- Sporting Goods
- 5
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Adventure 16 | Sporting Goods | 5 | Local |
PROPERTY FACTS
| Total Space Available | 12,380 SF | Gross Leasable Area | 12,380 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.02/1,000 SF |
| Total Space Available | 12,380 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,380 SF |
| Year Built | 1950 |
| Parking Ratio | 2.02/1,000 SF |
ABOUT THE PROPERTY
Once the home of Adventure 16 on Pico Blvd., this property is directly across the street from the newly completed Linea residential complex anticipating 1,200 residents built adjacent to the Expo Light Rail stop and 4 blocks west of Google's new 580,000 sq. ft. office campus. 11161 W Pico can accommodate Creative Office, Retail and Industrial because of the flexible nature of the space (including 2,600 warehouse @ 12'-13' clear), surface parking, zoning, great signage and loading. 15 parking spaces on site, with an additional 10 spaces available. Located just off the intersection of Pico & Sepulveda with a LARGE PYLON SIGN. Owner may consider a SALE.
- Corner Lot
- Pylon Sign
NEARBY MAJOR RETAILERS
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Retail/Creative-Pico & Sepulveda-PYLON SIGN | 11161 W Pico Blvd
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