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8532 Melrose Ave 8532 Melrose Ave 4,946 SF 100% Leased Retail Building Los Angeles, CA 90069 For Sale
INVESTMENT HIGHLIGHTS
- Irreplaceable Location on The World-Famous Melrose Avenue
- New Multifamily Development Nearby
- ULA Transfer Tax Exempt
- 100% Occupied with Tenant Stability & Upcoming Remodel
- High Barriers To Entry
- Premier Shopping and Culinary Hub
EXECUTIVE SUMMARY
The Northmarq National Shopping Center Group, as the exclusive advisor, is pleased to present the opportunity to acquire 8532 Melrose Avenue (the “Property”), a dual-tenant, 4,946-square-foot corner retail space located in the heart of Melrose Avenue, within the prestigious La Cienega Design Quarter—one of Los Angeles’ most upscale and creatively vibrant retail corridors.
This opportunity offers investors a strategic foothold in a premier retail destination, with ample frontage on Melrose Avenue and convenient parking tucked behind the storefronts. Patrons of both Joe & The Juice and Lululemon benefit from a walkable, culturally expressive neighborhood that enhances foot traffic and community engagement.
The Property is currently 100% leased to two international tenants, offering a synergistic mix of athletic retail and food & beverage that contributes to the area’s dynamic character. Joe & The Juice, a Danish juice bar and coffee shop concept, fosters a community-driven atmosphere rooted in inclusion and ambition. Lululemon, the pioneering Canadian athletic apparel brand, continues to lead the global athleisure movement. Together, these tenants position the asset as a cultural anchor within the district.
This opportunity offers investors a strategic foothold in a premier retail destination, with ample frontage on Melrose Avenue and convenient parking tucked behind the storefronts. Patrons of both Joe & The Juice and Lululemon benefit from a walkable, culturally expressive neighborhood that enhances foot traffic and community engagement.
The Property is currently 100% leased to two international tenants, offering a synergistic mix of athletic retail and food & beverage that contributes to the area’s dynamic character. Joe & The Juice, a Danish juice bar and coffee shop concept, fosters a community-driven atmosphere rooted in inclusion and ambition. Lululemon, the pioneering Canadian athletic apparel brand, continues to lead the global athleisure movement. Together, these tenants position the asset as a cultural anchor within the district.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,946 SF
Building Class
C
Year Built/Renovated
1938/2015
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.56
Lot Size
0.20 AC
Zoning
WDC1A* - Commercial
Parking
16 Spaces (3.23 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signage
Walk Score®
Walker's Paradise (96)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 4337-009-028 | Improvements Assessment | $1,761,964 CAD |
| Land Assessment | $29,723,583 CAD | Total Assessment | $31,485,546 CAD |
PROPERTY TAXES
Parcel Number
4337-009-028
Land Assessment
$29,723,583 CAD
Improvements Assessment
$1,761,964 CAD
Total Assessment
$31,485,546 CAD
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8532 Melrose Ave | 8532 Melrose Ave
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