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La Brea + Willoughby (West Hollywood) 852 N La Brea Ave 18,450 SF of Retail Space Available in Los Angeles, CA 90038

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HIGHLIGHTS

  • Freestanding retail on the revitalized La Brea retail corridor, south of Santa Monica Boulevard, at a signalized intersection seeing over 42,053 VPD.
  • At the forefront of the Sycamore District with high-profile users such as Sightglass Coffee, Supervinyl, Pause Studio, and Gigi’s Hollywood.
  • Hassle-free access for visitors and employees alike, featuring ample gated rear parking with 53 spots and accessible street parking.
  • Just off Santa Monica Boulevard with prominent signage and MTA bus stop in front of the building, making accessibility a breeze.
  • Minutes to Los Angeles International Airport (LAX), Inglewood, SoFi Stadium, Hollywood Park Casino, The Grove, Griffith Observatory, and more.

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 18,450 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Freestanding retail building that is ideal for a diverse range of tenants.

  • Fully Built-Out as Standard Retail Space
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor 18,450 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

1st Floor

Size
18,450 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Freestanding retail building that is ideal for a diverse range of tenants.

  • Fully Built-Out as Standard Retail Space
  • 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.

PROPERTY FACTS

Total Space Available 18,450 SF
Property Type Retail
Property Subtype Freestanding
Gross Leasable Area 18,450 SF
Year Built 1929
Parking Ratio 3.25/1,000 SF

ABOUT THE PROPERTY

852 N La Brea Avenue is a sizable and expansive retail space at the gateway to the Sycamore District, a bustling area of Los Angeles. This substantial big-box retail space rings in at an impressive 18,450 square feet spread across a single-story building. The available space is divisible down to 5,800 square feet. Boasting a phenomenal location, seeing 42,053 vehicles per day, this property is an excellent place for a wide array of national and regional retailers. 852 N La Brea Avenue stands apart from the rest at a lighted intersection with building and monument signage. Plentiful parking is available for future patrons, making it a potential neighborhood staple. This retail space is highly accessible for most people living in Los Angeles or visiting the area. 825 N La Brea Avenue has fast access to Los Angeles’s most essential freeways and is adjacent to metro stops. The property occupies the perfect location just off the 405, near where it intersects W Manchester Boulevard. This area easily connects to West Hollywood, Beverly Hills, Bel Air, and the Hollywood Hills, enticing consumers from all over the metro. Nearby retailers include Ralph’s, Baskin-Robbins, Sprouts Farmers Market, Target, Amazon Fresh, Best Buy, Wendy’s, BevMo!, and other retailers and restaurants. The Los Angeles economy presents a significant opportunity for retailers looking to join a booming area. Tourism is at the forefront of the local economy, with Los Angeles hosting more than 50 million visitors annually. Due to the heavy tourism in the area, stores, restaurants, and lodging perform well. With its proximity to major neighborhoods, nearby retailers, highways, and transit options, 852 N La Brea Avenue is ideal for a business owner looking to establish a presence in Los Angeles' Sycamore District.

MARKETING BROCHURE

Walk Score®
Walker's Paradise (96)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
50,360
411,331
942,973
1,525,735
2029 Population
49,662
404,001
921,770
1,496,510
2024-2029 Projected Population Growth
-1.4%
-1.8%
-2.3%
-1.9%
Median Age
37.9
39.4
38.9
39.0
College Degree + Higher
53%
47%
41%
30%
Daytime Employees
25,726
267,539
571,343
1,075,025
Total Businesses
3,649
35,548
75,472
148,990
Average Household Income
$101,344
$102,266
$97,978
$111,507
Median Household Income
$72,635
$70,278
$66,794
$78,136
Total Consumer Spending
$774M
$5.8B
$12B
$19.1B
2024 Households
27,130
201,209
412,459
646,008
Average Home Value
$1,031,429
$1,011,305
$983,728
$978,758
$ values in USD

ABOUT WEST HOLLYWOOD

West Hollywood enjoys a prime position in Greater Los Angeles. Long considered one of the most desirable communities in Southern California, West Hollywood offers a plethora of retail amenities. Streets such as Melrose Avenue, Beverly Boulevard, and Robertson Boulevard attract both local and national high-end retailers. International fashion brands and designers dot the storefronts along Melrose Avenue between La Cienega Boulevard and Robertson Boulevard.

The city of West Hollywood was one of the first cities nationwide to enact business improvement districts and has three districts operating within its borders. The Sunset Strip and West Hollywood Design districts cover geographic territories, while the West Hollywood Travel + Tourism Board is composed of hotel owners within city boundaries and acts to promote tourism to the area.

The area is known as one of the most walkable areas in Southern California, with numerous high-end hotels. Residents are generally affluent, and home prices are among the highest in L.A. County. West Hollywood’s central location offers excellent access to other important retail and job hubs in Greater L.A., including Beverly Hills, Beverly Grove, Hollywood, and Miracle Mile.

NEARBY AMENITIES

RESTAURANTS

Pink's American $ 5 min walk
Starbucks Cafe $ 6 min walk
Tatsu Ramen Japanese $$ 6 min walk
California Chicken Cafe Asian - 8 min walk
Starbucks Cafe $ 7 min walk
Burger Boss Burgers - 8 min walk
Pizza Hut - - 7 min walk
Jersey Mike's Subs - - 7 min walk
Daphne's California Greek - - 7 min walk
Tirovino Resteraunt Italian $$ 8 min walk

RETAIL

Sprouts Farmers Market Supermarket 3 min walk
Chase Bank Bank 7 min walk
Orangetheory Fitness Fitness 7 min walk
Massage Envy Massage 8 min walk
Supercuts Salon/Barber/Spa 7 min walk
ULTA Beauty Health & Beauty Aids 7 min walk
Target Dept Store 7 min walk
CVS Pharmacy Drug Store 7 min walk
F45 Training, Inc. Fitness 10 min walk
Trader Joe's Supermarket 11 min walk

HOTELS

SureStay Collection
62 rooms
3 min drive
Hampton by Hilton
112 rooms
3 min drive
Hilton Garden Inn
160 rooms
4 min drive
Best Western
82 rooms
4 min drive
Dream Hotels
178 rooms
5 min drive
Autograph Collection
190 rooms
4 min drive

LEASING AGENT

LEASING AGENT

Jeffrey Nourafshan, Director of Leasing & Acquisitions
Jeffrey Nourafshan is seeking a future in the field of real estate development. He attended USC and received his bachelor’ s degree from the Price School of Public Policy and Development with a concentration in Real Estate Development in spring of 2015. He is currently working at Reliable Properties, a real estate company that owns about 70 Shopping Centers throughout Southern California. They mainly focus on shopping centers and office buildings, as well as apartment development sites. Jeffrey is working in the leasing and acquisitions of Reliable Properties.

Prior to working at Reliable Properties, he interned at an architecture firm where he was the onsite property manager.  He also interned at Grubb & Ellis, a brokerage firm that was sold to New Mark Grubb Knight.
  • Listing ID: 38353813

  • Date on Market: 2024-04-10

  • Last Updated:

  • Address: 852 N La Brea Ave, Los Angeles, CA 90038

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