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Metro Plaza 112-198 S Vermont Ave 10,038 SF of Retail Space Available in Los Angeles, CA 90036
Highlights
- Located on Vermont Avenue near 2nd Street, providing strong daily traffic and pedestrian visibility.
- Positioned in one of Los Angeles’ most dynamic urban neighborhoods, supported by consistent retail demand and strong cultural influence.
- 75,766-square-foot neighborhood shopping center serving Koreatown’s densely populated trade area.
- Ample on-site parking with approximately 121 spaces for customer convenience.
- Modern infrastructure and established retail environment ideal for various retail and restaurant uses.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 138 | 10,038 SF | 5-10 Years | $49.33 CAD/SF/YR $4.11 CAD/SF/MO $495,222 CAD/YR $41,269 CAD/MO | Triple Net (NNN) |
126-198 S Vermont Ave - 1st Floor - Ste 138
Over 10,000 sq ft of Prime Retail! Existing Supermarket Space. JOIN THIS VIBRANT BUSY KOREA TOWN CENTER ANCHORED BY KENTUCKY FRIED CHICKEN, FRAZEE PAINT, COSMO PROF, H&R BLOCK AND SUBWAY! VERMONT AND 2ND AND NORTH OF IT.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 | 10,038 SF | Gross Leasable Area | 75,766 SF |
| Center Type | Neighborhood Center | Total Land Area | 2.35 AC |
| Parking | 121 Spaces | Year Built | 1986 |
| Center Properties | 2 |
| Total Space Available | 10,038 SF |
| Center Type | Neighborhood Center |
| Parking | 121 Spaces |
| Center Properties | 2 |
| Gross Leasable Area | 75,766 SF |
| Total Land Area | 2.35 AC |
| Year Built | 1986 |
About the Property
Metro Plaza is a prominent neighborhood shopping center strategically located at the intersection of Vermont Avenue and 2nd Street in the heart of Los Angeles’ Koreatown district. The center spans approximately 75,766 square feet across multiple storefronts and offers a synergistic mix of retail, dining, and service tenants designed to support consistent community engagement and high customer traffic. Anchored by household names such as Kentucky Fried Chicken (KFC), Seafood City, CosmoProf, H&R Block, Subway, and Frazee Paint, Metro Plaza stands as a strong convenience-driven retail destination within a thriving urban submarket. Its visibility along a major arterial road ensures steady exposure for businesses, while excellent ingress and egress enhance accessibility for both vehicular and pedestrian customers. The property draws from a dense residential base and benefits from surrounding commercial activity in Koreatown, offering an unmatched combination of daily needs shopping and strong cultural retail appeal. Its established tenant lineup and long-standing presence in a high-demand corridor affirm its solid positioning for sustained success.
Nearby Major Retailers
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Metro Plaza | 112-198 S Vermont Ave
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