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Highlights

  • Boyle Heights
  • Minutes from Downtown Los Angeles
  • 7 Door Built-In Refrigerator and Approx. 1,500 sq. ft of sales floor space.
  • Easy Access to Metro Gold Line and Freeways
  • Several new housing projects at 1st and Soto and 1st and Evergreen

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,000 SF
  • Negotiable
  • $19.04 CAD/SF/YR $1.59 CAD/SF/MO $57,128 CAD/YR $4,761 CAD/MO
  • Full Service
Space Use
Retail
Availability
Now
  • Rate includes utilities, building services and property expenses
Space Size Term Rental Rate Rent Type
1st Floor 3,000 SF Negotiable $19.04 CAD/SF/YR $1.59 CAD/SF/MO $57,128 CAD/YR $4,761 CAD/MO Full Service

1st Floor

Size
3,000 SF
Term
Negotiable
Rental Rate
$19.04 CAD/SF/YR $1.59 CAD/SF/MO $57,128 CAD/YR $4,761 CAD/MO
Rent Type
Full Service
Space Use
Retail
Availability
Now

  • Rate includes utilities, building services and property expenses

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.

Property Facts

Total Space Available 3,000 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 8,000 SF
Year Built 1927

About the Property

***No MMJ Businesses*** Prime Boyle Heights (East Los Angeles) location on East 1st Street. Suitable and configured for a Grocery Convenience Store. Lease type and terms negotiable. Space has been rehabbed and needs a reliable Business Store Owner Manager to operate. Built in refrigerator has 7 Doors and measures 21' x 8'. Must see to appreciate. Boyle Heights residents have been asking for the grand opening and looking for a local store to provide quality foods and service. Also, many are looking for employment. Approx 1,500 sq. ft of sales floor space. No lock-box on premise, schedule an appointment. Serious Lessee's Only with spotless financials. In Boyle Heights on the corner of East 1st Street and Mathews Street 1/2 a block away from Soto and 1st Street Metro Gold Line Station and minutes from Downtown Los Angeles. Community gentrification happening along 1st Street corridor along Metro Gold Line Route.

Very walkable
80/100
Moderately drivable
70/100
Exceptional public transit
90/100
Fairly bikeable
50/100

Nearby Major Retailers

Bank of America
King Taco Restaurant Inc
Chase
U.S. Bank
Food 4 Less
Northgate Gonzalez Market
Smart & Final
Starbucks
Yoshinoya
Citi
  • Listing ID: 28642317

  • Date on Market: 2023-06-02

  • Last Updated:

  • Address: 2432-2438 E 1st St, Los Angeles, CA 90033

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