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La Brea + Willoughby (West Hollywood): 852 N La Brea Ave
18,450 SF of Retail Space Available in Los Angeles, CA 90038
Highlights
- Freestanding retail located at a lighted intersection of N La Brea Avenue which is highly trafficked, seeing 59,600 vehicles per day.
- Several prominent retailers line La Brea Avenue nearby including Target, Best Buy, Starbucks, Sprouts Farmers Market, Howard’s Appliances, and more.
- Easy access is available for visitors and employees alike with ample gated rear parking and street parking accessible.
- Just off Santa Monica Boulevard with prominent signage and MTA bus stop in front of the building, making accessibility a breeze.
- Minutes to Los Angeles International Airport (LAX), Inglewood, SoFi Stadium, Hollywood Park Casino, and more.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 18,450 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Free-standing retail building perfect for a wide variety of tenants.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
SITE PLAN
TENANTS AT La Brea + Willoughby (West Hollywood):
- Tenant
- Description
- SIZE
- MOVE DATE
- US Locations
- Reach
- 99 Cents Only Stores
- Dollar/Variety/Thrift
- -
- -
- 354
- Regional
99 Cents Only Stores is a premier deep-discount retailer that primarily carries name-brand consumable and general merchandise. They are an exciting shopping destination—often the first stop—for price-sensitive consumers, and a fun treasure-hunt shopping experience for other value conscious consumers. The stores date back to the 1960s when the company's founder, Dave Gold, inherited a tiny liquor store in downtown Los Angeles and decided to run a test by selling bottles of wine at a fixed price-point of 99 cents. The test was an instant success. Dave thought selling everything in the store for 99 cents would be hugely popular. On “lucky” Friday, the 13th of August in 1982, Dave and Sherry Gold opened the first 99 Cents Only Store in Los Angeles.
| Tenant | Description | SIZE | MOVE DATE | US Locations | Reach |
| 99 Cents Only Stores | Dollar/Variety/Thrift | - | - | 354 | Regional |
PROPERTY FACTS FOR 852 N La Brea Ave , Los Angeles, CA 90038
| Property Type | Retail | Year Built | 1929 |
| Property Subtype | Freestanding | Parking Ratio | 3.25/1,000 SF |
| Gross Leasable Area | 18,450 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 18,450 SF |
| Year Built | 1929 |
| Parking Ratio | 3.25/1,000 SF |
About the Property
852 N La Brea Avenue is a sizable and expansive retail space in a bustling area of Los Angeles. This big-box retail space is substantial, ringing in at an impressive 18,450 square feet spread across one story. Because of its phenomenal location seeing 59,600 vehicles per day, it’s an excellent place for a wide array of national and regional retailers. 852 N La Brea Avenue stands apart from the rest at a lighted intersection with building and monument signage. Plentiful parking is available for future patrons, making it a potential neighborhood staple. This retail space is highly accessible for most people living in Los Angeles or visiting the area. It has fast access to LA’s most essential freeways and is adjacent to metro stops. The property occupies the perfect location just off the 405, near where it intersects W Manchester Boulevard. This area easily connects to West Hollywood, Beverly Hills, Bel Air, and the Hollywood Hills, enticing consumers from all over the metro. Nearby retailers include Ralph’s, Baskin-Robbins, Amazon Fresh, Wendy’s, and other retailers and restaurants. The Los Angeles economy is a significant call for retailers wishing to join a booming area. Tourism is at the forefront of the local economy, with Los Angeles hosting more than 50 million visitors annually. Due to the heavy tourism to the area, stores, restaurants, and lodging perform well. Due to its proximity to major neighborhoods, highways, and transit options, 852 N La Brea Avenue is ideal for retail in Los Angeles.
DEMOGRAPHICS
Demographics
About West Hollywood
West Hollywood enjoys a prime position in Greater Los Angeles. Long considered one of the most desirable communities in Southern California, West Hollywood offers a plethora of retail amenities. Streets such as Melrose Avenue, Beverly Boulevard, and Robertson Boulevard attract both local and national high-end retailers. International fashion brands and designers dot the storefronts along Melrose Avenue between La Cienega Boulevard and Robertson Boulevard.
The city of West Hollywood was one of the first cities nationwide to enact business improvement districts and has three districts operating within its borders. The Sunset Strip and West Hollywood Design districts cover geographic territories, while the West Hollywood Travel + Tourism Board is composed of hotel owners within city boundaries and acts to promote tourism to the area.
The area is known as one of the most walkable areas in Southern California, with numerous high-end hotels. Residents are generally affluent, and home prices are among the highest in L.A. County. West Hollywood’s central location offers excellent access to other important retail and job hubs in Greater L.A., including Beverly Hills, Beverly Grove, Hollywood, and Miracle Mile.
Nearby Major Retailers
Leasing Agent
Leasing Agent
Jeffrey Nourafshan, Director of Leasing & Acquisitions
Prior to working at Reliable Properties, he interned at an architecture firm where he was the onsite property manager. He also interned at Grubb & Ellis, a brokerage firm that was sold to New Mark Grubb Knight.
About the Owner
-
Power Broker Jeffrey Nourafshan -
Reliable Properties
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La Brea + Willoughby (West Hollywood): | 852 N La Brea Ave
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