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420-428 N Beverly Dr
7,290 SF of Retail Space Available in Beverly Hills, CA 90210
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
Ground, Ste 424 | 7,290 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
Ground, Ste 424
For the first time in years, 424 North Beverly returns to market and is available for lease. A private, underground food and beverage space with full kitchen and restaurant infrastructure, there is no other bar and restaurant space like it in Beverly Hills. This F&B space brings an exclusive dining and lounging experience in LA’s most upscale commerce hubs.
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Kitchen
- Full kitchen and restaurant space available
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 420-428 N Beverly Dr , Beverly Hills, CA 90210
Property Type | Retail | Gross Leasable Area | 20,640 SF |
Property Subtype | Storefront | Year Built | 1936 |
Property Type | Retail |
Property Subtype | Storefront |
Gross Leasable Area | 20,640 SF |
Year Built | 1936 |
About the Property
424 N Beverly Dr. sits within one of the most revered and coveted retail locales not just in the United States, but globally. Additionally, the available space is one of the closest retail sites to the iconic Beverly Hills sign, one of the area’s most heavily trafficked tourist attractions. The strength of the real estate in Beverly Hills and its extremely close proximity to some of the world’s most affluent consumers ensures that N Beverly Drive will meet the expectations of the highest quality retail professionals and related occupiers.
- Signage
Nearby Major Retailers
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420-428 N Beverly Dr
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