464 S Main St
Los Angeles, CA 90013
TURNKEY DTLA RESTAURANT NEAR KAZU NORI, PYT · Property For Lease
Property Facts
About the Property
***CONFIDENTIALITY NOTICE: PLEASE DO NOT DISCUSS THE TERMS OF THIS SALE WITH OWNER/OPERATOR OR ITS EMPLOYEES OR YOU WILL BE DISQUALIFIED. ALL PROSPECTS MUST CONTACT BROKER FIRST.***District Realty Group, as exclusive representative for 464, is pleased to present a unique opportunity to own an established, highly popular modern turnkey restaurant located in the heart of Downtown LA in the booming Historic Core neighborhood. 464 is close to numerous restaurants, galleries, apartment complexes, bars, and other great amenities. The subject restaurant is backed by a long-term below-market-rental-rate leasehold, a newly renovated restaurant space with kitchen (with hood), TYPE 41 beer/wine license, a modern build-out, and modern FF&E. TERM: 9 Years + One 5 Year Option @ Market + 4% Increases. NOTE: 464 Recently received a pre-approval CUP for full liquor. Please inquire for more details + documentation. Potential Business Upsides: FULL liquor license pre-approval, increased delivery proximity, artisan drinks, conversion to quick-serve takeout concept, pizza oven space utilization, and much more! Located in the historic core of Downtown Los Angeles off of 5th and Main Street just south of Kazunori, Regent Theater, Yuko, and many other popular amenities.
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