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10944-10948 W Pico Blvd 900 - 6,272 SF of Retail Space Available in Los Angeles, CA 90064
Highlights
- ±4,472–6,272 SF restaurant space available at $4.50 PSF NNN on W Pico Blvd
- Suites 10944 & 10948 can be combined for larger contiguous space
- W Pico Blvd sees ±16,200 VPD — high-visibility corridor
- ±900–1,800 SF retail space available at $4.00 PSF NNN
- TI allowance and landlord work available for qualified tenants
- Adjacent to UCLA Research Park, Los Angeles, CA 90064
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10944 | 4,472 SF | Negotiable | $54.00 /SF/YR $4.50 /SF/MO $241,488 /YR $20,124 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 10948 | 900-1,800 SF | Negotiable | $48.00 /SF/YR $4.00 /SF/MO $86,400 /YR $7,200 /MO | Triple Net (NNN) |
1st Floor, Ste 10944
±4,472 - 6,272 SF; can be combined with Suite 10948. Tenant Improvement Allowance and Landlord Work available for qualified tenants.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Can be combined with additional space(s) for up to 6,272 SF of adjacent space
1st Floor, Ste 10948
±900-1,800 SF; can be combined with Suite 10944.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 6,272 SF of adjacent 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.
Property Facts
| Total Space Available | 6,272 SF | Gross Leasable Area | 8,072 SF |
| Min. Divisible | 900 SF | Year Built/Renovated | 1949/1999 |
| Property Type | Retail | Parking Ratio | 0.45/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 6,272 SF |
| Min. Divisible | 900 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,072 SF |
| Year Built/Renovated | 1949/1999 |
| Parking Ratio | 0.45/1,000 SF |
About the Property
Broker Of Record David Harrington Matthews Real Estate Investment Services, Inc 01320460, 02168060 (CA) 2321 Rosecrans Ave., Suite 1225, El Segundo, CA 90245 (866) 889-0550
- Corner Lot
Nearby Major Retailers
Contacts
-
Michael Pakravan -
Kyle Pari -
Dane Wise -
Matthews Real Estate Investment Services
Presented by
10944-10948 W Pico Blvd
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