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157-163 N La Cienega Blvd 1,640 SF of Retail Space Available in Beverly Hills, CA 90211
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,640 SF | Negotiable | $99.17 CAD/SF/YR $8.26 CAD/SF/MO $162,633 CAD/YR $13,553 CAD/MO | Triple Net (NNN) |
Ground
- Lease rate does not include utilities, property expenses or building services
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 157-163 N LA CIENEGA BLVD, BEVERLY HILLS, CA 90211
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Gyu-Kaku Japanese BBQ
- Restaurant
- 61
- International
- LMG Studio
- Salon/Barber/Spa
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Gyu-Kaku Japanese BBQ | Restaurant | 61 | International |
| LMG Studio | Salon/Barber/Spa | 1 | Local |
PROPERTY FACTS
| Total Space Available | 1,640 SF | Gross Leasable Area | 13,405 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Restaurant | Parking Ratio | 3.35/1,000 SF |
| Total Space Available | 1,640 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 13,405 SF |
| Year Built | 1950 |
| Parking Ratio | 3.35/1,000 SF |
ABOUT THE PROPERTY
This amazing property on N. La Cienega Blvd. is located on Beverly Hills' famous Restaurant Row. It offers a variety of use types, including gallery, restaurant, health and fitness, retail, and more. All parking requirements have been met for each use. With over 70,000 cars passing by daily, and just steps away from popular destinations such as the SLS Hotel, Matsuhisa, Kazan, Lawry’s, Fogo de Chao, Genwa Korean BBQ, and Gyu-Kaku Japanese BBQ, this property presents an exciting opportunity.
- Bus Line
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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157-163 N La Cienega Blvd
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