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2 Retail Stores | Prime West Pico Corner 5990 1/2 W Pico Blvd 500 - 1,660 SF of Retail Space Available in Los Angeles, CA 90035
HIGHLIGHTS
- Heavy Traffic Commercial Exposure
- Excellent Signage Opportunity
- Ideal for Any Retail Uses
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1410 Stearns Dr | 500 SF | Negotiable | $50.25 CAD/SF/YR $4.19 CAD/SF/MO $25,127 CAD/YR $2,094 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5994½ | 1,160 SF | Negotiable | $50.25 CAD/SF/YR $4.19 CAD/SF/MO $58,294 CAD/YR $4,858 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1410 Stearns Dr
Retail store for lease. Part of larger 9-store strip center. Located on Stearns Drive just south of Pico Blvd. Heavy traffic location: 41,263 vehicles per day. Abundant street parking. Prime location between Fairfax Ave & La Cienega Blvd. Net charges = $0.206 per SF per month.
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 5994½
Retail store for lease. Part of larger 9-store strip center. Southeast corner of Pico Blvd and Stearns Dr. Heavy traffic location: 41,263 vehicles per day. Shared customer parking at rear lot off the alley (10± vehicles total) plus abundant street parking. Prime location between Fairfax Ave & La Cienega Blvd. 1,160± SF store with 1 parking space in rear lot off the alley. $3,480 per month ($3.00 per SF NNN). Net charges: $0.206 per SF per month. Possession: May 1, 2025.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 2 RETAIL STORES | PRIME WEST PICO CORNER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Green Table Cafe
- Restaurant
- 1
- -
- India Spices And Grocery
- Supermarket
- 1
- -
- Levantine Cultural Center
- Retailer
- 1
- -
- Steems Hair, Nail & Accessories
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Green Table Cafe | Restaurant | 1 | - |
| India Spices And Grocery | Supermarket | 1 | - |
| Levantine Cultural Center | Retailer | 1 | - |
| Steems Hair, Nail & Accessories | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,660 SF | Gross Leasable Area | 8,235 SF |
| Property Type | Retail | Year Built | 1948 |
| Property Subtype | Storefront | Parking Ratio | 1.09/1,000 SF |
| Total Space Available | 1,660 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,235 SF |
| Year Built | 1948 |
| Parking Ratio | 1.09/1,000 SF |
ABOUT THE PROPERTY
2 retail stores for lease. Part of larger 9-store strip center. Southeast corner of Pico Blvd and Stearns Dr. Heavy traffic location: 41,263 vehicles per day. Shared customer parking at rear lot off the alley (10± vehicles total) plus abundant street parking. Prime location between Fairfax Ave & La Cienega Blvd.
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
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2 Retail Stores | Prime West Pico Corner | 5990 1/2 W Pico Blvd
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