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2512-2540 S Figueroa St 1,095 SF of Retail Space Available in Los Angeles, CA 90007
HIGHLIGHTS
- RARE SMALL SQUARE FOOTAGE UNIT SUITABLE FOR VARIOUS RETAIL USES
- SITUATED AT THE NEC OF FIGUEROA + ADAMS (APPROX. 75,000 CARS PER DAY)
- HIGH STREET VISIBILITY, PYLON SIGNAGE, AMPLE PARKING IN ONSITE LOT, MULTIPLE ENTRANCES FROM BOTH CROSS STREETS
- CLOSE TO USC CAMPUS
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2534 | 1,095 SF | Negotiable | $108.88 CAD/SF/YR $9.07 CAD/SF/MO $119,226 CAD/YR $9,935 CAD/MO | Triple Net (NNN) |
2512-2540 S Figueroa St - 1st Floor - Ste 2534
±1,095 SF retail space available in a busy shopping center at the signalized intersection of S. Figueroa + West Adams, close to the USC campus. The unit is in excellent condition featuring high ceilings, hardwood floors, an in-suite private restroom, back office, front and back entrances, and an additional parking lot in the rear of the building/unit for employees. The property features high street visibility, pylon signage, and ample parking in an onsite lot, accessible from both cross streets.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Hardwood Floors
- ±1,095 SF RETAIL SHOP SPACE AVAILABLE
- EXCELLENT CONDITION WITH HARDWOOD FLOORS
- PRIVATE RESTROOM + BACK OFFICE BUILD OUT
- FRONT AND REAR ENTRANCES/EXITS
- HIGH STREET VISIBILITY, PYLON SIGNAGE
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 | 1,095 SF | Frontage | 254’ on S Figueroa St |
| Center Type | Strip Center | Gross Leasable Area | 19,838 SF |
| Parking | 47 Spaces | Total Land Area | 0.94 AC |
| Center Properties | 1 | Year Built | 1982 |
| Total Space Available | 1,095 SF |
| Center Type | Strip Center |
| Parking | 47 Spaces |
| Center Properties | 1 |
| Frontage | 254’ on S Figueroa St |
| Gross Leasable Area | 19,838 SF |
| Total Land Area | 0.94 AC |
| Year Built | 1982 |
ABOUT THE PROPERTY
±1,095 SF former former MetroPCS cell phone store at the major signalized intersection of South Figueroa + West Adams, close to the USC campus. The property features high street visibility, pylon signage, and ample parking in an onsite lot, accessible from both cross streets. Situated at the NEC of S Figueroa and W Adams Blvd near prime USC campus. The site is freeway adjacent with convenient access to the 110 and 10 Freeways. Strong area demographics, including a large USC student population, and the intersection boasts approximately 75,000 cars per day.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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2512-2540 S Figueroa St
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