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- LoopNet Team
1501-1557 Vine St
Los Angeles, CA 90028
Sunset + Vine - Former Walgreens Flagship · Property For Lease
PROPERTY FACTS
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Restaurant | Parking Ratio | 5.2/1,000 SF |
| Gross Leasable Area | 87,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 87,000 SF |
| Year Built | 2004 |
| Parking Ratio | 5.2/1,000 SF |
About the Property
PROPERTY OVERVIEW - Matterport Tour Link. https://my.matterport.com/show/?m=fAmi3qKEVYT - https://my.matterport.com/show/?m=fAmi3qKEVYT - Rent. $150,000/yr, modified gross ($11.70 psf) - Size. 23,509 SF ground floor - Premises. Former Walgreens Flagship in a mixed-use building with abundant parking - Master Lease Expiration. 11/30/27 - Opportunity. Below market rate sublease - Zoning. C4-2D-SN - Signage. Building - Restricted Uses. Mexican themed restaurant, housewares, telecom equipment, pharmacy, 2nd-hand store, day care, veterinary, church, fitness, theatre, dance hall and/or office. - Parking. 417 spaces in shared parking in structure LOCATION OVERVIEW - Marquee Intersection. Sunset & Vine (±76KVPD) - Neighborhood. Iconic, central Hollywood trade area surrounded by offices, shopping, dining, and nightlife. - Pedestrian Traffic. On Hollywood Walk of Fame, which draws an estimated 10 million visitors/annually. - Accessibility. 2 blocks from Hollywood/Vine Metro connecting San Fernando Valley to Downtown. - Hospital. 2 blocks from Southern California Hospital, a 612-bed facility TERMS SUGGESTED RENT* $150,000 (inclusive of RET; R&M, insurance, utilities separate) SUBLEASE TERM 11/30/27 DELIVERY “As-Is” OFFERS EVALUATED AS RECEIVED *Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee
- Signage
- Air Conditioning
- Smoke Detector
