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RETAIL SPACE NEAR SANTEE ALLEY! 261-275 E Olympic Blvd 500 SF of Retail Space Available in Los Angeles, CA 90015
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 277 | 500 SF | Negotiable | $41.54 CAD/SF/YR $3.46 CAD/SF/MO $20,768 CAD/YR $1,731 CAD/MO | Modified Gross |
1st Floor, Ste 277
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 | 500 SF | Gross Leasable Area | 9,251 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Storefront |
| Total Space Available | 500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 9,251 SF |
| Year Built | 1998 |
ABOUT THE PROPERTY
This building is located on the corner of Olympic BLvd and Santee St in DTLA’s Fashion District. This space faces Olympic. It features windowed frontage, high ceilings, a private bathroom, and a small second floor office/storage space. Space of course has 24/7 access. There’s lots of space for your company’s signage on the windows, canopy, and above the space at the exterior! Could be great for any kind of retail, art gallery, tattoo, barbershop, hair, nails, lashes, etc. Since it has plumbing it wouldn’t be too difficult to get an exterior sink added for these uses. Get it now before someone else swoops it up! Electricity, parking, and internet not included. There’s public parking located next door for a fee. Ask advantages of signing 5-year lease! All our listings are minimal one year leases, but this owner may require longer than one year. Showings by APPOINTMENT ONLY. We are a real estate brokerage, if this space doesn’t meet your needs we may have something else that does! TEXT 213-304-4727 now or submit the Quick Contact Form on our website realestateLA.com ! And don’t forget to follow us on social media @QuixoticRealty thank you! DISCLOSURES: The information contained herein is deemed reliable but was obtained from third parties and has not been independently verified by Quixotic Realty Inc and is therefore not guaranteed. Brokers/agents are not qualified to act, consult, make conclusions, and/or provide advice with respect to legal, tax, environmental, licensing, permitting, architectural, building code and construction, soils-drainage, and/or any other such matters, so for these things you should refer to the appropriate expert of your choice for confirmation. Pictures shown might not be of the actual particular available space, but of a similar one in the same building. If there is a common area shared by the unit listed, the unit square feet listed on marketing materials are the gross (rentable) square feet which includes a LOAD FACTOR (common area factor) added to the net (usable) square feet. Load factors range from 10-33% but are usually about 20%. For multiple reasons, the square feet are approximate and are not guaranteed, leases assume you measure the square feet of the space before leasing and approve of the calculation. Rent rate and terms on all of Quixotic Realty Inc's and affiliates advertisements and correspondences are subject to change so the final rent rate and terms are not valid or binding until a written lease has been signed by lessor and lessee. Please see our web-site for full disclosures. Lic#01753250
- Bus Line
- Mezzanine
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
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RETAIL SPACE NEAR SANTEE ALLEY! | 261-275 E Olympic Blvd
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