- Visible to more than 37,700 daily vehicles
- Cold shell office/retail with lease upside
- Starting bid $1,850,000
- Visible to more than 37,700 daily vehicles
- Cold shell office/retail with lease upside
- Starting bid $1,850,000
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Apramian Family 1998 Limited Partnership
Los Angeles is a key location for those interested in commercial real estate (CRE) investing, especially in the retail sector. The city's strong infrastructure, strategic position, and diverse, educated workforce make it a prime choice. Los Angeles is supported by an extensive transportation network, including the Los Angeles International Airport (LAX), one of the world's busiest airports, and the Port of Los Angeles, an essential center for international trade. The city's focus on education is clear with institutions like UCLA and USC, supplying a steady flow of skilled workers. Its geography, ranging from the Pacific Ocean to the San Gabriel Valley, provides a range of retail settings from beachfront shops to downtown storefronts, serving an ethnically diverse population and a significant tourism industry.
Retail spaces in Los Angeles are attractive due to the city's large population and its role as a cultural and financial center. Shopping centers in Los Angeles feature both local and international brands, attracting a consistent flow of customers. Restaurants benefit from Los Angeles's status as a food hub, with options that mirror the city's diverse culture. Office spaces are sought after, with technology startups, entertainment companies, and financial services looking for premises that suit their needs and goals. Hotels take advantage of the city’s rank as one of the top tourist destinations in the U.S., representing a promising investment. Together, these property types create a flexible real estate market in Los Angeles, offering a wide range of investment opportunities across different sectors and consumer groups.
Retail Space Size | Square Feet |
---|---|
Maximum | 1,021,781 SF |
Average | 11,221 SF |
Minimum | 200 SF |
Retail Space Cap Rate | Cap Rate Percentage |
---|---|
Maximum | 10.79% |
Average | 5.39% |
Minimum | 1.2% |
Retail Space Price | Price Per SF |
---|---|
Maximum | $729,167 Per SF |
Average | $1,610 Per SF |
Minimum | $4 Per SF |
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