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416 W 8th St
Los Angeles, CA 90014

Freehand Hotel/Hostel RETAIL FOR LEASE! · Property For Lease · 123,535 SF

About the Property

Fantastic retail location at the Freehand Hotel in Downtown Los Angeles! This building is on the corner of 8th St and Olive St with Hill St at the opposite end of the block. This phenomenal location is next door to Shake Shack, Paris Baguette, and Sweet Greens. It’s across the street from Dunkin Donuts and the Golden Gopher Bar; and two blocks from the Apple Store on the corner of 8th St and Broadway! The hotel is housed in what was originally the Commercial Exchange Building and it was opened to a brand new renovation in 2017. It is not just a chic boutique hotel but a hostel as well. As their website boasts, the hotel combines social culture of a hostel with innovative design and award winning food and beverage. The Broken Shaker bar/lounge is located on the roof of this property, and it features incredible city views and cocktails. There’s a restaurant/cafe called The Exchange, that occupies the beautiful corner space, and it opens into the lobby of the hotel. This beautiful space has nice WINDOWED FRONTAGE, guestimated 20' high ceilings, nice green patterned tile flooring, fresh paint, tons of natural light, and the back of it opens into the hotel lobby. Space is roughly 588 rentable/gross square feet. It has a shared bathroom available to the Lessee in the common area of the building. AVAILABLE NOW! NNN/CAM is included in the rent rate but utilities are not. Showings Mon-Fri by APPOINTMENT ONLY. Minimal one year leases, and landlord may require a longer one. We are a real estate brokerage, if this space doesn’t meet your needs we may have something else that does! Call/text 213-304-4727 now or fill out the QUICK CONTACT FORM on our website (to your right on desktop) now! And don’t forget to follow us on social media at the links above! Thank you! FB/IG/Youtube/Snap/Tiktok/Pinterest/Tumblr/Linkedin: @dtlarealestate Twitter: @dtlarealty Follow our DTLA FB Page: @dtla4ever DISCLOSURES: The information contained herein is deemed reliable but was obtained from third parties and has not been independently verified by Quixotic Realty Inc and is therefore not guaranteed. Brokers/agents are not qualified to act, consult, make conclusions, and/or provide advice with respect to legal, tax, environmental, licensing, permitting, architectural, building code and construction, soils-drainage, and/or any other such matters, so for these things you should refer to the appropriate expert of your choice for confirmation. Pictures shown might not be of the actual particular available space, but of a similar one in the same building. If there is a common area shared by the unit listed, the unit square feet listed on marketing materials are the gross (rentable) square feet which includes a 20% load factor (common area factor) added to the net (usable) square feet. For multiple reasons, the square feet are approximate and are not guaranteed, leases assume you measure the square feet of the space before leasing and approve of the calculation. Rent rate and terms on all of Quixotic Realty Inc's and affiliates advertisements and correspondences are subject to change so the final rent rate and terms are not valid or binding until a written lease has been signed by lessor and lessee. Please see our web-site for full disclosures. Lic#01753250

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Size 123,535 SF
Year Built/Renovated 1924/2017

Features and Amenities

  • Pool
  • Restaurant
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Listing ID: 23830359

  • Date on Market: 8/3/2021

  • Last Updated:

  • Address: 416 W 8th St, Los Angeles, CA 90014

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