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The Simon Building 114-122 S Beverly Dr 522 - 1,634 SF of Office Space Available in Beverly Hills, CA 90212
HIGHLIGHTS
- Prominent office space above the Honor Bar and South Beverly Grill
- Excellent exposure to South Beverly Drive
- Within walking distance to many restaurants, coffee shops, financial institutions and other retail amenities
- Prominent location between Wilshire and Olympic Boulevard
- Generous window-line
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 209 | 522 SF | 3-10 Years | $42.00 /SF/YR $3.50 /SF/MO $21,924 /YR $1,827 /MO | Modified Gross | ||
| 2nd Floor, Ste 217 | 1,112 SF | 3-10 Years | $66.00 /SF/YR $5.50 /SF/MO $73,392 /YR $6,116 /MO | Modified Gross |
2nd Floor, Ste 209
Open Space with Two (2) “grandfathered” salon bowls/sinks
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Office intensive layout
- Fits 2 - 5 People
- Central Air and Heating
- Open-Plan
- Open Space
- Tenant Improvements are negotiable
- Two (2) “grandfathered” salon bowls/sinks
2nd Floor, Ste 217
Two (2) Windowed Offices, One (1) Interior Office, Conference room, reception and partial skylight
- Listed rate may not include certain utilities, building services and property expenses
- Fits 3 - 9 People
- 1 Private Office
- 1 Conference Room
- Reception Area
- Two (2) Windowed Offices
- One (1) Interior Office
- Conference room
- Reception and partial skylight
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 | 1,634 SF | Gross Leasable Area | 19,673 SF |
| Property Type | Retail | Year Built | 1947 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.07/1,000 SF |
| Total Space Available | 1,634 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 19,673 SF |
| Year Built | 1947 |
| Parking Ratio | 1.07/1,000 SF |
ABOUT THE PROPERTY
Prominent office space above the Honor Bar and South Beverly Grill in a Prominent location between Wilshire and Olympic Blvd with Excellent exposure to South Beverly Drive.
- 24 Hour Access
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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The Simon Building | 114-122 S Beverly Dr
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