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5536-5542 Santa Monica Blvd 3,300 SF of Retail Space Available in Los Angeles, CA 90038
HIGHLIGHTS
- Heigh Ceilings
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 5542 | 3,300 SF | 18’ | 3-5 Years | $38.53 CAD/SF/YR $3.21 CAD/SF/MO $127,140 CAD/YR $10,595 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 5542
Available for lease is an impressive 3,300 sq ft retail space over 2 floors, ideally suited for an art gallery, coffee shop, boutique, or other innovative retail uses. First floor is 2,300 sq ft, 2nd floor (can be used for office) or storage is 1,000 sq ft. The property boasts a clean, modern interior with soaring high ceilings, allowing for versatile design and display options. With this space comes ample street parking with 6 tandem parking spaces and nearby public lots. Don’t miss this unique opportunity to establish your business in a thriving area.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- High Ceilings
- Finished Ceilings: 18’
- 3,300 Square Feet of Customizable Retail Space.
- 6 tandem parking spaces + more available
- 18' high ceilings
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 | 3,300 SF | Gross Leasable Area | 10,000 SF |
| Property Type | Retail | Year Built/Renovated | 1929/1949 |
| Property Subtype | Storefront | Parking Ratio | 4/1,000 SF |
| Total Space Available | 3,300 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 10,000 SF |
| Year Built/Renovated | 1929/1949 |
| Parking Ratio | 4/1,000 SF |
ABOUT THE PROPERTY
This property is prime retail space, perfect for an art gallery or more. Located in a vibrant, up-and-coming area, this space benefits from high foot traffic and proximity to popular local attractions, eateries, and community events. The neighborhood is known for its artistic spirit and growing clientele, making it an ideal spot for creative ventures. Bottom floor approx 2300 sq. One bathroom. Upstairs approx 1,000 sq. Includes 6 tandem parking spaces in rear. More available if required. Cooperating with brokers.
- Fenced Lot
- Signage
- Skylights
NEARBY MAJOR RETAILERS
Presented by
Liliram LLC
5536-5542 Santa Monica Blvd
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