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Highlights
- Positioned in the heart of North Hollywood
- Close to major amenities and public transit, including Metro stations
- Surrounded by retail, dining, and entertainment venues
- Convenient access to major highways (170 Freeway nearby)
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 201 | 2,615 SF | 1-5 Years | $36.82 CAD/SF/YR $3.07 CAD/SF/MO $96,281 CAD/YR $8,023 CAD/MO | Full Service | ||
| 2nd Floor, Ste 210 | 1,590 SF | 1-5 Years | $36.82 CAD/SF/YR $3.07 CAD/SF/MO $58,542 CAD/YR $4,878 CAD/MO | Full Service |
2nd Floor, Ste 201
24-Hour HVAC High Ceilings Next Door to the Television Academy with Views of It Above Laemmle Theater & Chipotle Secured Building Elevator Some Exposed Ceilings Newly Renovated Common Areas Podcast Studio
- Rate includes utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 7 - 21 People
- Central Air Conditioning
- Elevator Access
- High Ceilings
- After Hours HVAC Available
2nd Floor, Ste 210
24-Hour HVAC High Ceilings Next Door to the Television Academy with Views of It Above Laemmle Theater & Chipotle Secured Building Elevator Some Exposed Ceilings Newly Renovated Common Areas Podcast Studio
- Rate includes utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Fits 4 - 13 People
- Central Air Conditioning
- Elevator Access
- High Ceilings
- After Hours HVAC Available
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 5240 Lankershim Blvd, North Hollywood, CA 91601
- Tenant
- Description
- US Locations
- Reach
- Chipotle Mexican Grill
- Fast-food
- 5,113
- International
- Laemmle Noho 7
- Other Services
- 9
- Local
- Paul Krekorian City Council Member
- Other Office
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Chipotle Mexican Grill | Fast-food | 5,113 | International |
| Laemmle Noho 7 | Other Services | 9 | Local |
| Paul Krekorian City Council Member | Other Office | 1 | Local |
Property Facts
| Total Space Available | 4,205 SF | Gross Leasable Area | 32,809 SF |
| Property Type | Retail | Year Built | 2012 |
| Property Subtype | Movie Theatre | Parking Ratio | 3.05/1,000 SF |
| Total Space Available | 4,205 SF |
| Property Type | Retail |
| Property Subtype | Movie Theatre |
| Gross Leasable Area | 32,809 SF |
| Year Built | 2012 |
| Parking Ratio | 3.05/1,000 SF |
About the Property
Positioned in the vibrant North Hollywood Arts District, 5240 Lankershim Boulevard offers creative office suites on the second floor with modern design elements and versatile functionality. This property provides easy accessibility and a professional environment with features tailored for innovative companies, production firms, and media professionals. The space delivers an inviting aesthetic with high ceilings, some exposed beam details, and newly renovated common areas. Tenants enjoy secure access, a 24-hour HVAC system, and elevator convenience. Views of the neighboring Television Academy highlight the building’s proximity to entertainment and creative hubs, while popular dining options such as Chipotle and the Laemmle Theater sit directly below. Located minutes from the Metro transit line and surrounded by retail, dining, and service amenities, this property ensures strong connectivity throughout North Hollywood and the greater Los Angeles area. Quick freeway access via the 170 makes commuting straightforward, while abundant nearby parking enhances tenant convenience.
- Bus Line
- Air Conditioning
Nearby Major Retailers
Presented by
5240 Lankershim Blvd
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