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1540 S Figueroa St 50,000 SF of Retail Space Available in Los Angeles, CA 90015
HIGHLIGHTS
- High ceiling heights
- On-site surface parking lot
- Strong street frontage with visibility from the adjacent freeway
- Existing automotive dealership build-out with EV charging stations
- Open floor plan suitable for large-format retail, supermarket, and automotive uses
- Flexible layout allowing single-tenant or multi-tenant configurations
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 50,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
1540 S. Figueroa Street & 1505 S. Flower Street offer a rare, large-scale retail and activation opportunity in the heart of Downtown Los Angeles’ South Park District, directly across from LA Live, Crypto.com Arena, and the Los Angeles Convention Center. The property features prominent street frontage, exceptional visibility, and flexible layouts suitable for experiential retail, food and beverage, brand activations, and event-driven uses. Positioned at the epicenter of Downtown’s sports and entertainment corridor, the site benefits from consistent daily traffic and significant surges during major events. With on-site parking and existing infrastructure that supports a range of uses, the property is well suited for short- to mid-term occupancies, pop-ups, and flagship concepts seeking exposure ahead of FIFA 2026, Super Bowl LXI, and the LA28 Olympic Games.
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 1540 S FIGUEROA ST, LOS ANGELES, CA 90015
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Ford Of Downtown La
- Automotive
- 290
- International
- Velocity Motors
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Ford Of Downtown La | Automotive | 290 | International |
| Velocity Motors | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 50,000 SF | Gross Leasable Area | 50,000 SF |
| Property Type | Retail | Year Built | 1919 |
| Property Subtype | Auto Dealership |
| Total Space Available | 50,000 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 50,000 SF |
| Year Built | 1919 |
ABOUT THE PROPERTY
A rare 25,000–50,000 square foot opportunity in Downtown Los Angeles, this highly visible property offers a flexible platform for large-format retail, supermarket use, automotive and mobility concepts, experiential retail, and destination-driven brand activations. The building’s scale, frontage, and adaptable configuration support a broad range of uses, including flagship retail, grocery or specialty market concepts, car dealership and mobility showrooms, immersive brand environments, and multi-zone experiential programs.The space is well-suited for high-volume retail and operationally intensive users, with the ability to accommodate automotive display, test-drive, adjacent concepts, large-format merchandising, food retail, content production, hospitality lounges, and live programming. Its size allows for either a single-tenant occupancy or a curated multi-user campus, depending on ownership objectives. With Downtown Los Angeles continuing to evolve and preparing for major global events including the LA28 Olympic Games, the property offers flexibility for longer-term retail or automotive tenancies as well as short- to mid-term experiential and activation-driven uses. Recent Olympic precedent has shown that the most successful brand engagements operate as large-scale destination environments rather than traditional pop-ups, and this offering provides the scale and visibility to support those concepts.Ownership is open to a range of lease structures, providing flexibility for supermarket operators, large-format retailers, automotive users, experiential brands, and technology-driven concepts seeking a prominent Downtown Los Angeles presence.
NEARBY MAJOR RETAILERS
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1540 S Figueroa St
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