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1446-1450 Westwood Blvd
1,500 SF of Retail Space Available in Los Angeles, CA 90024
Sublease Highlights
- $85,000 Key Money
- All Permits with Restaurant Have Been Completed
- 5 Year Contract
- 3 Parking Spaces
- High Ceilings & High Visibility
- All Brand New Equipment Included
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1446 | 1,500 SF | Negotiable | $39.96 /SF/YR $3.33 /SF/MO $430.13 /m²/YR $35.84 /m²/MO $4,995 /MO $59,940 /YR | Triple Net (NNN) |
1st Floor, Ste 1446
Seize a fantastic opportunity to sublease a spacious and stylish 1,500 SqFt retail space in the bustling Westwood area! This prime property boasts six dedicated parking spaces, ensuring easy access for customers in a high-visibility location. Included in the sublease are all brand-new equipment pieces, including a freezer, refrigerator, commercial refrigerator for drinks, fryer, and a three-piece coned pizza machine. Most of the equipment is NSF certified, ensuring the highest standards for your operation. The space features soaring high ceilings and an abundance of natural light, creating an inviting atmosphere that is ready for your unique vision. While only minor construction remains, all necessary permits for a restaurant have been completed, and the property has successfully passed health department inspections. You'll benefit from a five-year contract with the landlord, with a monthly lease of $6,758.33, which includes NNN. Plus, based on the contract, the landlord is willing to assist with an additional $30 per square foot for construction, making this an even more attractive opportunity. Whether you’re looking to launch a new venture or expand your existing one, this versatile property is the ideal canvas for your ideas. Don’t miss out on this fantastic opportunity!
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Freezer Space
- High cielings
- Natural light
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 FOR 1446-1450 Westwood Blvd , Los Angeles, CA 90024
| Property Type | Retail | Year Built | 1949 |
| Property Subtype | Storefront | Parking Ratio | 2/1,000 SF |
| Gross Leasable Area | 1,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,500 SF |
| Year Built | 1949 |
| Parking Ratio | 2/1,000 SF |
About the Property
Unlock the potential of this prime Westwood location, minutes from UCLA and surrounded by high foot traffic and visibility. This turn-key restaurant space offers an incredible opportunity for aspiring restaurateurs or seasoned operators, with a long-term lease already secured. Key features include: - Fully Equipped: All restaurant equipment included, saving time and startup costs. - Permits Provided: Restaurant permits included, ensuring a smooth transition. - High Visibility: Situated in a vibrant area with excellent street frontage. - Tenant Improvements Available: Customize the space to meet your vision. A key money investment is required, and prospective tenants are advised to conduct their due diligence. Don’t miss this chance to establish your business in one of Westwood’s most sought-after locations!
- Bus Line
- Pylon Sign
- Signage
- Storage Space
Nearby Major Retailers
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Syuzi Hakobyan -
JohnHart Commercial
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1446-1450 Westwood Blvd
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