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Attari Plaza 1386-1388 Westwood Blvd 7,530 SF 91% Leased Retail Building Los Angeles, CA 90024 $6,910,033 CAD ($917.67 CAD/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Attari Plaza is a two-story, mixed-use property with an open-air courtyard, home to the iconic Attari Sandwich Shop
- ±7,737 SF leased to seven tenants, including two restaurants, with one small office vacancy (±91% occupied)
- Seaburry Restaurant, which just signed a brand-new 10-year lease backed by a strong lease guarantor
- Located in Persian Square, a culturally vibrant district along Westwood Blvd, with high foot traffic near UCLA, Westwood Village
- Weighted Average Lease Term (WALT) of ±5.35 years, anchored by Attari Sandwiches Inc. (through 2028)
- 53% of tenants on month-to-month leases, offering flexibility for owner-users or repositioning for higher rents
EXECUTIVE SUMMARY
MIXED-USE PROPERTY ANCHORED BY TWO RESTAURANTS
Strong Lease Profile – Weighted Average Lease Term (WALT) of ±5.35 years, anchored by Attari Sandwiches Inc.(through 2028) and Seaburry Restaurant, which just signed a brand-new 10-year lease backed by a strong lease guarantor.
Attari Plaza, located at 1386-1388 Westwood Blvd, Los Angeles, is a prominent mixed-use property in the heart of Persian Square, a vibrant retail and dining corridor. The ±7,530 SF two-story building on a 6,650 SF lot includes ±3,715 SF of restaurant space with an open-air courtyard and ±4,022 SF of office space. The property is leased to seven tenants in total, including two restaurants, with one small office space currently vacant.
Strong Lease Profile – Weighted Average Lease Term (WALT) of ±5.35 years, anchored by Attari Sandwiches Inc.(through 2028) and Seaburry Restaurant, which just signed a brand-new 10-year lease backed by a strong lease guarantor.
Attari Plaza, located at 1386-1388 Westwood Blvd, Los Angeles, is a prominent mixed-use property in the heart of Persian Square, a vibrant retail and dining corridor. The ±7,530 SF two-story building on a 6,650 SF lot includes ±3,715 SF of restaurant space with an open-air courtyard and ±4,022 SF of office space. The property is leased to seven tenants in total, including two restaurants, with one small office space currently vacant.
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,530 SF
Building Class
C
Year Built
1931
Price
$6,910,033 CAD
Price Per SF
$917.67 CAD
Cap Rate
6%
NOI
$414,623 CAD
Percent Leased
91%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.14
Lot Size
0.15 AC
Zoning
C4-IVL-POD- TOC 3 - Heavy Commercial
Frontage
50’ on Westwood Blvd
AMENITIES
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
± 710 SF 2nd Floor Office/Retail space for lease
| Space | Size | Space Use | Position | Available |
| 206 | 710 SF | Office/Retail | - | Now |
206
| Size |
| 710 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
206
| Size | 710 SF |
| Space Use | Office/Retail |
| Position | - |
| Available | Now |
± 710 SF 2nd Floor Office/Retail space for lease
Walk Score®
Walker's Paradise (94)
Transit Score®
Excellent Transit (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4325-016-005 | Improvements Assessment | $1,293,912 CAD |
| Land Assessment | $4,313,039 CAD | Total Assessment | $5,606,951 CAD |
PROPERTY TAXES
Parcel Number
4325-016-005
Land Assessment
$4,313,039 CAD
Improvements Assessment
$1,293,912 CAD
Total Assessment
$5,606,951 CAD
1 of 53
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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Attari Plaza | 1386-1388 Westwood Blvd
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