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Dive Bar Opportunity with No Key Money 11411 Moorpark St 1,152 SF of Retail Space Available in North Hollywood, CA 91602
Highlights
- Excellent visibility with built-in infrastructure for bar
- Corner Property
- Walkable location | Tujunga Village corridor
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,152 SF | 5-10 Years | $134.75 CAD/SF/YR $11.23 CAD/SF/MO $155,227 CAD/YR $12,936 CAD/MO | Triple Net (NNN) |
1st Floor
Rare Type 48 Bar Opportunity – Direct Lease with Landlord Exceedingly rare chance to secure a direct lease with the landlord for a Type 48-entitled bar space in a prime Studio City location. The landlord is currently in the process of recapturing the premises, and the existing tenant remains in operation. The bar is currently open 7 days a week until 2:00 AM, maintaining full late-night hours. Please do not approach employees or discuss the listing on-site, as they are likely unaware of the upcoming changes. This is a highly unusual dive bar opportunity — ideal for a seasoned operator looking to step into a hard-to-find setup with full liquor entitlements in place.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Drinking Establishment
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Entitled Type 48 liquor license (no food required)
- Direct lease opportunity with landlord
- Currently operating bar open until 2:00 AM
- Rare late-night use entitlement in Studio City
- Hard-to-find dive bar with grandfathered late hour
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 Dive Bar Opportunity with No Key Money
- Tenant
- Description
- US Locations
- Reach
- Cactus Taquerias #3
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Cactus Taquerias #3 | Retailer | - | - |
Property Facts
| Total Space Available | 1,152 SF | Gross Leasable Area | 1,152 SF |
| Property Type | Retail | Year Built | 1955 |
| Property Subtype | Bar | Parking Ratio | 3.47/1,000 SF |
| Total Space Available | 1,152 SF |
| Property Type | Retail |
| Property Subtype | Bar |
| Gross Leasable Area | 1,152 SF |
| Year Built | 1955 |
| Parking Ratio | 3.47/1,000 SF |
About the Property
Rarely available bar space in the heart of Studio City. This is a unique opportunity to secure a direct lease with the landlord for a Type 48-entitled bar — a setup that is virtually impossible to find in today’s market. The current tenant operates a late-night dive bar with hours until 2:00 AM, 7 days a week, and the landlord is actively in the process of recapturing the premises. The space is fully entitled for a Type 48 license and does not require a kitchen, offering a true bar-use layout. Located just off the Tujunga Village corridor, the location benefits from strong neighborhood character, local foot traffic, and close proximity to residential density and daytime amenities. Please do not approach current employees — they are unaware of the transition. This is an outstanding opportunity for seasoned operators to step into a fully licensed bar location with the flexibility and entitlements to create something truly special.
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Dive Bar Opportunity with No Key Money | 11411 Moorpark St
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