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1071 Gayley Ave 2,294 SF of Retail Space Available in Los Angeles, CA 90024
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,294 SF | Negotiable | $48.00 /SF/YR $4.00 /SF/MO $110,112 /YR $9,176 /MO | Modified Gross |
1st Floor
The subject space is a recently renovated retail space with high ceilings, concrete floors, exposed HVAC ducts in the heart of Westwood Village. Space is next to the iconic Westwood Tennis store and within close proximity to the Office buildings on Wilshire Blvd, UCLA campus, and UCLA hospital. Westwood Village is making a major comeback as the future home to the 2028 Olympic Village. Space has storefronts both in the front as well as in the rear next to the parking.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
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.
SELECT TENANTS AT 1071 GAYLEY AVE, LOS ANGELES, CA 90024
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Helen's Cycles
- Retailer
- 1
- Regional
- London Dry Cleaners
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Helen's Cycles | Retailer | 1 | Regional |
| London Dry Cleaners | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,294 SF | Gross Leasable Area | 4,545 SF |
| Property Type | Retail | Year Built | 1956 |
| Property Subtype | Freestanding | Parking Ratio | 1/1,000 SF |
| Total Space Available | 2,294 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,545 SF |
| Year Built | 1956 |
| Parking Ratio | 1/1,000 SF |
NEARBY MAJOR RETAILERS
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1071 Gayley Ave
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