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Sublease Highlights
- Surrounded by top dining, boutique retail, and entertainment destinations with strong foot traffic.
- Previously approved for a conditional use permit for beer and wine service on-site.
- Four on-site parking spaces and excellent walkability in a top Los Angeles tourist hub.
- Includes open kitchen layout and on-site patio seating potential.
- Operating hours of 8 a.m. to midnight, seven days per week offer strong service flexibility.
- Minutes from Abbot Kinney, Venice Boardwalk, and tech campuses, ensuring a steady influx of local and visitor traffic.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,224 SF | May 2035 | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Approximately ±1,224 square feet of fully built-out, turn-key restaurant space with additional patio seating. The space is being offered as a sublease assignment and includes a key-money component of $295,000. The current lease runs through May 31, 2035, with two (2) optional five-year renewal periods, subject to landlord approval. The restaurant is move-in ready and accommodates approximately 82 seats.
- Sublease space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Fully operational turn key restaurant
- Extensive equipment list, available on request
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.
Select Tenants at 523 Rose Ave, Venice, CA 90291
- Tenant
- Description
- US Locations
- Reach
- Bluestone Lane
- Coffee
- 75
- National
- Cinque Terre West
- Restaurant
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Bluestone Lane | Coffee | 75 | National |
| Cinque Terre West | Restaurant | 1 | Local |
Property Facts
| Total Space Available | 1,224 SF | Gross Leasable Area | 1,224 SF |
| Property Type | Retail | Year Built | 1956 |
| Property Subtype | Restaurant | Parking Ratio | 3.25/1,000 SF |
| Total Space Available | 1,224 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,224 SF |
| Year Built | 1956 |
| Parking Ratio | 3.25/1,000 SF |
About the Property
523 Rose Avenue is located in the heart of Venice, one of Los Angeles’ most iconic and culturally vibrant neighborhoods. Positioned along the bustling Rose Avenue corridor, the property is surrounded by a dynamic mix of restaurants, boutique retailers, and local landmarks, creating an authentic coastal urban experience. The site sits between Whole Foods and Rose Café, drawing high visibility and consistent pedestrian traffic from both locals and visitors. Nearby attractions include the world-famous Venice Beach Boardwalk, Abbot Kinney Boulevard’s trendsetting shops, and popular dining destinations like Gjusta and American Beauty. The surrounding area merges a creative, bohemian environment with strong commercial energy, supported by proximity to major tech campuses, including Google, which fuels ongoing business and residential growth. This central location offers unparalleled access to Venice’s thriving commercial scene and Southern California’s second most-visited tourist destination—the Venice Boardwalk—welcoming over 10 million visitors annually.
- Restaurant
Nearby Major Retailers
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523 Rose Ave
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