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Vermont Town Center 187-233 S Vermont Ave 1,419 - 13,942 SF of Retail Space Available in Los Angeles, CA 90004
HIGHLIGHTS
- Korea Town
- Across from Vons and Ralphs Supermarkets
- Heavy Traffic Location
- Vermont Avenue and 2nd Street
- Excellent Visibility
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 187-191 | 5,002 SF | Negotiable | $33.00 /SF/YR $2.75 /SF/MO $165,066 /YR $13,756 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 205 | 1,419 SF | 3-10 Years | $35.40 /SF/YR $2.95 /SF/MO $50,233 /YR $4,186 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 229 | 3,810 SF | Negotiable | $29.40 /SF/YR $2.45 /SF/MO $112,014 /YR $9,335 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 231 | 1,768 SF | 3-5 Years | $35.40 /SF/YR $2.95 /SF/MO $62,587 /YR $5,216 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 233 | 1,943 SF | 3 Years | $40.20 /SF/YR $3.35 /SF/MO $78,109 /YR $6,509 /MO | Triple Net (NNN) |
187-233 S Vermont Ave - 1st Floor - Ste 187-191
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
187-233 S Vermont Ave - 1st Floor - Ste 205
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
187-233 S Vermont Ave - 1st Floor - Ste 229
§ Korea Town Location § Vermont Avenue and 2nd Street § Excellent Visibility § High Traffic Counts § Densely Populated Neighborhood § Anchored by Island Pacific Supermarket, Davich, Vermont Music Studio § Close to 101 Freeway
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
187-233 S Vermont Ave - 1st Floor - Ste 231
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
187-233 S Vermont Ave - 1st Floor - Ste 233
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
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 VERMONT TOWN CENTER
- Davich Eyeglasses
- Island Pacific Supermarkets
- Vermont Music Studio
PROPERTY FACTS
| Total Space Available | 13,942 SF | Frontage | S Vermont Ave |
| Center Type | Strip Center | Gross Leasable Area | 30,862 SF |
| Parking | 57 Spaces | Total Land Area | 1.29 AC |
| Center Properties | 1 | Year Built | 1987 |
| Total Space Available | 13,942 SF |
| Center Type | Strip Center |
| Parking | 57 Spaces |
| Center Properties | 1 |
| Frontage | S Vermont Ave |
| Gross Leasable Area | 30,862 SF |
| Total Land Area | 1.29 AC |
| Year Built | 1987 |
ABOUT THE PROPERTY
Korea Town, Across from Vons and Ralphs Supermarkets, Excellent Visibility and Heavy Traffic Location. North of 3rd Street and Vermont Avenue.
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Vermont Town Center | 187-233 S Vermont Ave
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