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Free Standing Building - Grand Central Market 327 S Broadway 7,500 - 15,000 SF of Retail Space Available in Los Angeles, CA 90013
HIGHLIGHTS
- NEXT DOOR TO GRAND CENTRAL MARKET
- Perfect Restaurant or Flagship Retail
- Skylights throughout Open Floor Plan
- Incredible Street Frontage & Street Side Curb Appeal
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Basement | 7,500 SF | Negotiable | $82.70 CAD/SF/YR $6.89 CAD/SF/MO $620,248 CAD/YR $51,687 CAD/MO | Triple Net (NNN) | ||
| Ground | 7,500 SF | Negotiable | $82.70 CAD/SF/YR $6.89 CAD/SF/MO $620,248 CAD/YR $51,687 CAD/MO | Triple Net (NNN) |
Basement
Rare retail or restaurant opportunity available, neighboring the iconic Grand Central Market. Located in prime Downtown Los Angeles, this space offers immense visibility and exposure. Perfect for an ideal retail concept to compliment GCM, creative office or restaurant / bar. The space is also divisible for multi-concept use.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Can be combined with additional space(s) for up to 15,000 SF of adjacent space
- Neighbors iconic Grand Central Market
- Immense visibility and exposure
- High ceilings
- Divisible
Ground
Rare retail or restaurant opportunity available, neighboring the iconic Grand Central Market. Located in prime Downtown Los Angeles, this space offers immense visibility and exposure. Perfect for an ideal retail concept to compliment GCM, creative office or restaurant / bar. The space is also divisible for multi-concept use.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 15,000 SF of adjacent space
- Neighbors iconic Grand Central Market
- Immense visibility and exposure
- High ceilings
- Divisible
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 | 15,000 SF | Gross Leasable Area | 15,000 SF |
| Property Type | Retail | Year Built | 1917 |
| Property Subtype | Restaurant |
| Total Space Available | 15,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 15,000 SF |
| Year Built | 1917 |
ABOUT THE PROPERTY
Rare retail or restaurant opportunity available, neighboring the iconic Grand Central Market. Located in prime Downtown Los Angeles, this space offers immense visibility and exposure. Perfect for an ideal retail concept to compliment GCM, creative office or restaurant / bar. The space is also divisible for multi-concept use. The most sought after Retail Destination in all of Downtown Los Angeles. Shares an exact wall to Grand Central Market. Explosive ceiling heights open floor plan Incredible Curb appeal & Branding Frontage Retail Restaurant Office Landlord is looking to build something magical here & exciting. The energy of Grand Central Market which is the most populated 24/7 location in all of Downtown Los Angeles Daily. This is the Retail Destination needed !
- Skylights
- Air Conditioning
NEARBY MAJOR RETAILERS
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Free Standing Building - Grand Central Market | 327 S Broadway
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