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Beauty Salon/Barber Shop Suite @ Palms Plaza 937 S Alvarado St 700 SF of Retail Space Available in Los Angeles, CA 90006
Highlights
- Built-Out Beauty Salon / Barber
- Located Just North of Intersection of Olympic Blvd. & South Alvarado Street.
- Easy Access to Major Highways (110 & 10 & 101)
- Well Maintained Two Story Retail Property Located Within a Densely Populated Corridor in Los Angeles.
- Located in the Westlake/Koreatown Submarket with Dense Surrounding Population.
- Located Just North of MTA Bus Stop and South of Westlake/MacArthur Park Metro Rail Station (Alvarado Street/Wilshire Blvd)
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 2A | 700 SF | Negotiable | $45.23 CAD/SF/YR $3.77 CAD/SF/MO $31,660 CAD/YR $2,638 CAD/MO | Tenant Electric |
2nd Floor, Ste 2A
Built-Out Suite for Beauty Salon /Esthetician Services /Barber Shop (w/Certificate of Occupancy for Beauty Salon) 2 Hair Stations Built-In Hair Wash Sink Customer Restroom w/Sink and Toilet Partitioned-Off Areas for Esthetican Station and One Massage Station Built-Ins fixtures included in Lease Other items offered for sale by retiring beauty salon owner (after 30+ years) (Including but not necessarily limited to: esthetician station/equipment, electric massage table, salon chairs, etc.)
- Tenant responsible for usage of lights and electrical outlets
- Fully Built-Out as Professional Services Office
- Highly Desirable End Cap Space
- Central Air Conditioning
- Private Restrooms
- Corner Space
- 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.
Select Tenants at Beauty Salon/Barber Shop Suite @ Palms Plaza
- Tenant
- Description
- US Locations
- Reach
- Care Med Community Medical Center
- Health Care and Social Assistance
- -
- -
- Encuentro Hispano
- Services
- -
- -
- Las Manolas
- Services
- 1
- -
- Over Sun Travel
- Travel Agent
- 1
- -
- Sojeong Skin Therapy
- Salon/Barber/Spa
- 1
- -
- Top Nails & Pedicure Spa
- Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Care Med Community Medical Center | Health Care and Social Assistance | - | - |
| Encuentro Hispano | Services | - | - |
| Las Manolas | Services | 1 | - |
| Over Sun Travel | Travel Agent | 1 | - |
| Sojeong Skin Therapy | Salon/Barber/Spa | 1 | - |
| Top Nails & Pedicure Spa | Services | - | - |
Property Facts
| Total Space Available | 700 SF | Total Land Area | 0.32 AC |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.92/1,000 SF |
| Gross Leasable Area | 10,416 SF |
| Total Space Available | 700 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,416 SF |
| Total Land Area | 0.32 AC |
| Year Built | 1988 |
| Parking Ratio | 1.92/1,000 SF |
About the Property
Second Floor Suite 2A is built-out as Beauty Salon / Esthetician Services /Barber Shop. Tenant is retiring after 30+ years. This listing is for the Lease of the Premises only. Select Business Fixtures (esthetician table, electric massage table, salon station chairs) are available for sale separately by Tenant. . This multi-story retail property offers an exceptional location in the Westlake/Koreatown submarket of Los Angeles. Situated on a 0.32-acre lot. The property provides a versatile layout to support a wide range of retail uses. The neighborhood also features multiple public transportation options for easy accessibility which include MTA bus stop just south of Property as well as Metro Station on Alvarado (north of Property). Also, location benefits include nearby access to key Los Angeles corridors (Olympic Blvd.)as well as major highways (110, 10 & 101) just minutes away. . This area enjoys consistent vehicular traffic and surrounded by densely populated residential neighborhood. Nearby areas include Downtown Los Angeles, Koreatown district, and Pico Union area. Notable for dense populations and diverse commercial activity.
- 24 Hour Access
- Fenced Lot
- Signage
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
Nearby Major Retailers
Presented by
Alan and Janet Block Family Limited Partnership
Beauty Salon/Barber Shop Suite @ Palms Plaza | 937 S Alvarado St
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