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Palisades Highlands Plaza 514-548 Palisades Dr 1,940 SF of Retail Space Available in Pacific Palisades, CA 90272
Highlights
- Retail shopping center with approximately 25,040 SF of space on a 4.19-acre parcel.
- High-visibility frontage of approximately 784 feet along Palisades Drive and 100 feet along Sunset Boulevard.
- Located in a high-demographic coastal neighborhood with steady local traffic.
- Two retail suites available from 1,067 SF and 1,940 SF for immediate occupancy.
- Ample parking with 99 spaces to accommodate customer convenience.
- Positioned near Sunset Boulevard and Pacific Coast Highway for easy regional connectivity.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 540 | 1,940 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
514-548 Palisades Dr - 1st Floor - Ste 540
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
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 | 1,940 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 25,040 SF |
| Parking | 99 Spaces | Total Land Area | 4.19 AC |
| Center Properties | 1 | Year Built | 1987 |
| Total Space Available | 1,940 SF |
| Center Type | Strip Center |
| Parking | 99 Spaces |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 25,040 SF |
| Total Land Area | 4.19 AC |
| Year Built | 1987 |
About the Property
The property consists of a retail strip center developed in 1987 and situated on approximately 4.19 acres. The site has a gross leasable area of roughly 25,040 square feet and is designed to serve the surrounding residential community within Pacific Palisades. The center provides surface parking with 99 designated spaces and features dual street frontage along Palisades Drive and Sunset Boulevard. The market area offers limited direct retail competition and is characterized by high household incomes.
Nearby Major Retailers
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Palisades Highlands Plaza | 514-548 Palisades Dr
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