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Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste 101
  • 1,800 SF
  • May 2028
  • $81.60 CAD/SF/YR $6.80 CAD/SF/MO $146,877 CAD/YR $12,240 CAD/MO
  • Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

DO NOT DISTURB THE TENANT. Key money is required for the FF&E and Type 41 liquor license. Rare opportunity to acquire a fully built-out restaurant asset in the heart of one of Los Angeles' most sought-after dining destinations, surrounded by heavy foot traffic, an established dining culture, and a strong built-in customer base. The space operates under a favorable gross lease, simplifying monthly overhead with no additional pass-through expenses. It includes a Type 41 beer and wine license, allowing alcohol service alongside meals to boost per-ticket averages, and the kitchen is fully equipped with a 12x7 Type 1 hood, offering the flexibility to execute virtually any cuisine concept from grilling and frying to wok and open-flame cooking. A turnkey, well-positioned space ready for an owner-operator or experienced restaurateur to step in and launch their vision from day one.

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air Conditioning
  • Freezer Space
  • Plug & Play
  • Type 41 (Beer & Wine) license is transferrable
  • Walk-in cooler and freezer
Space Size Term Rental Rate Rent Type
1st Floor, Ste 101 1,800 SF May 2028 $81.60 CAD/SF/YR $6.80 CAD/SF/MO $146,877 CAD/YR $12,240 CAD/MO Modified Gross

1st Floor, Ste 101

Size
1,800 SF
Term
May 2028
Rental Rate
$81.60 CAD/SF/YR $6.80 CAD/SF/MO $146,877 CAD/YR $12,240 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

DO NOT DISTURB THE TENANT. Key money is required for the FF&E and Type 41 liquor license. Rare opportunity to acquire a fully built-out restaurant asset in the heart of one of Los Angeles' most sought-after dining destinations, surrounded by heavy foot traffic, an established dining culture, and a strong built-in customer base. The space operates under a favorable gross lease, simplifying monthly overhead with no additional pass-through expenses. It includes a Type 41 beer and wine license, allowing alcohol service alongside meals to boost per-ticket averages, and the kitchen is fully equipped with a 12x7 Type 1 hood, offering the flexibility to execute virtually any cuisine concept from grilling and frying to wok and open-flame cooking. A turnkey, well-positioned space ready for an owner-operator or experienced restaurateur to step in and launch their vision from day one.

  • Sublease space available from current tenant
  • Listed rate may not include certain utilities, building services and property expenses
  • Fully Built-Out as a Restaurant or Café Space
  • Central Air Conditioning
  • Freezer Space
  • Plug & Play
  • Type 41 (Beer & Wine) license is transferrable
  • Walk-in cooler and freezer

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 Turnkey 2nd Gen restaurant space in WLA

  • Tenant
  • Description
  • US Locations
  • Reach
  • Dlk Construction Inc
  • Real Estate
  • 1
  • -
  • Hakata Ramen Shin Sen
  • Restaurant
  • 1
  • Local
  • Lumee DIY
  • Other Retail
  • 4
  • Local
  • Moment Construction Co Inc
  • Construction
  • 1
  • -
  • State Farm Insurance
  • Insurance
  • 24,510
  • International
  • UCLA Thrift Store
  • -
  • 1
  • -
Tenant Description US Locations Reach
Dlk Construction Inc Real Estate 1 -
Hakata Ramen Shin Sen Restaurant 1 Local
Lumee DIY Other Retail 4 Local
Moment Construction Co Inc Construction 1 -
State Farm Insurance Insurance 24,510 International
UCLA Thrift Store - 1 -

Property Facts

Total Space Available 1,800 SF
Property Type Retail
Property Subtype Storefront Retail/Office
Gross Leasable Area 7,776 SF
Year Built 1915
Parking Ratio 1.28/1,000 SF
Very walkable
80/100
Very drivable
80/100
Strong public transit
80/100
Fairly bikeable
50/100

Nearby Major Retailers

Cross Fit Depot
Starbucks
Equinox
Bank of America
King Taco
Kura Sushi
Jpmorgan Chase & And Co
City National Bank
California Bank & Trust
The Perfect Workout
  • Listing ID: 41158414

  • Date on Market: 2026-07-03

  • Last Updated:

  • Address: 1601 Sawtelle Blvd, Los Angeles, CA 90025

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