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427 Venice Blvd
750 - 1,850 SF of Retail Space Available in Los Angeles, CA 90015
Highlights
- Property completely upgraded w/new storefronts, walls & ceilings, new ADA bathrooms & plumbing, new electrical service & polished concrete floors
- Owner will consider substantial discounted rent for qualified Lessees during the initial lease term.
- The corner store was last used as a mini-market, and may be good for a coffee house or to go food store (lessee to get approvals from the city).
- Close to The Crypto Center and Convention Center
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1524 | 1,100 SF | 15’ | 1-3 Years | $24.00 /SF/YR $2.00 /SF/MO $26,400 /YR $2,200 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 427 | 750 SF | 15’ | 1-3 Years | $30.00 /SF/YR $2.50 /SF/MO $22,500 /YR $1,875 /MO | Triple Net (NNN) |
1st Floor, Ste 1524
Perfect for a café, mini-mart, food to-go, etc. Within blocks of the Convention Center, and walking distance to The Crypto Center. 100's of new apartment units are coming on line or are being converted within close proximity to these stores. 227 units, on the same block, will begin leasing in the 4th quarter of 2023. All new store fronts, ADA bathroom, plumbing, 3-Phase electrical service, walls, and polished concrete floor. An enclosed electrical room for the building is in the suite. Here is a chance to get into a rapidly improving area at promotional rents, with the chance for a long term successful business at an advantageous rental rate. Landlord may be willing to do some TI work.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 1,850 SF of adjacent space
- Finished Ceilings: 15’
- Recent renovated
- Floor to ceiling windows
- Natural Light
1st Floor, Ste 427
Retail space available for lease
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 1,850 SF of adjacent space
- Finished Ceilings: 15’
- High ceiings
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 427 Venice Blvd , Los Angeles, CA 90015
| Total Space Available | 1,850 SF | Gross Leasable Area | 7,500 SF |
| Property Type | Retail | Year Built/Renovated | 1925/2022 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,850 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,500 SF |
| Year Built/Renovated | 1925/2022 |
About the Property
The Property was completely upgraded in the last 2 years, including new storefronts, walls and ceilings, new ADA bathrooms and plumbing throughout, and new electrical service Floors are polished concrete. - The corner store was last used as a mini-market, and may be good for a coffee house or to go food store (lessee to get approvals from the city). - There is new construction at the end of the block of approximately 240 micro-units, and other apartment conversions being completed within the neighborhood, which will bring a greater potential customer base to the area. - Owner will consider substantial discounted rent for qualified Lessees during the initial lease term.
- Bus Line
- Signalized Intersection
Nearby Major Retailers
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Barcode Properties
427 Venice Blvd
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