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8370-8372 W 3rd St 1,600 SF of Retail Space Available in Los Angeles, CA 90048
Highlights
- W 3rd Street Location
- High Foot Traffic
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 | 1,600 SF | 12’ | Negotiable | $73.33 CAD/SF/YR $6.11 CAD/SF/MO $117,331 CAD/YR $9,778 CAD/MO | Triple Net (NNN) |
1st Floor
Prime retail opportunity located on the highly desirable West 3rd Street corridor in Los Angeles, directly adjacent to Miznon, a well-known and high-volume Mediterranean concept. The space benefits from strong foot traffic, excellent visibility, and a vibrant mix of neighboring retail, fitness, and dining concepts. Surrounded by a dense residential population and in close proximity to Beverly Grove, The Grove, and the Fairfax District. Ideal for a variety of uses including boutique retail, fitness/wellness, café, or lifestyle concepts looking to capitalize on an established and highly active corridor. The location offers a strong street presence and consistent day-to-night activity driven by both locals and visitors. Potential for a streamlined buildout with existing infrastructure in place (Tenant to verify), allowing for an efficient path to opening
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 12’
- Prime W 3rd Street Location
- Strong Pedestrian Traffic
- Excellent Visibility
- Ideal for Retail, Boutique, Cafe, Fitness
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 8370-8372 W 3rd St, Los Angeles, CA 90048
- Tenant
- Description
- US Locations
- Reach
- Son Of A Gun Restaurant
- Restaurant
- 1
- -
- Tony Graham & Raquel Allegra
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Son Of A Gun Restaurant | Restaurant | 1 | - |
| Tony Graham & Raquel Allegra | - | 1 | - |
Property Facts
| Total Space Available | 1,600 SF | Gross Leasable Area | 3,550 SF |
| Property Type | Retail | Year Built | 1936 |
| Property Subtype | Restaurant | Parking Ratio | 0.85/1,000 SF |
| Total Space Available | 1,600 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,550 SF |
| Year Built | 1936 |
| Parking Ratio | 0.85/1,000 SF |
About the Property
The space benefits from strong foot traffic, excellent visibility, and a vibrant mix of neighboring retail, fitness, and dining concepts. Surrounded by a dense residential population and in close proximity to Beverly Grove, The Grove, and the Fairfax District. Ideal for a variety of uses including boutique retail, fitness/wellness, café, or lifestyle concepts looking to capitalize on an established and highly active corridor. The location offers a strong street presence and consistent day-to-night activity driven by both locals and visitors. Potential for a streamlined buildout with existing infrastructure in place (Tenant to verify), allowing for an efficient path to opening
- Bus Line
- Signage
Nearby Major Retailers
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8370-8372 W 3rd St
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