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Pier Avenue Plaza 19-31 Pier Ave 2,800 SF of Retail Space Available in Hermosa Beach, CA 90254



HIGHLIGHTS
- Heavy foot traffic
- Large patio and dinning deck
- South facing patio with significant daylight
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,800 SF | 10’ - 16’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Exceptional location on the world-famous Hermosa Beach Pier Plaza! Opportunities like this are extremely rare to come by. Fully equipped restaurant with full liquor license available for purchase along with other assets. Walk-in cooler. Private office and extensive storage areas. Outdoor patio and dining deck with ocean views and easy beach access. Beautifully remodeled interior with renderings for a possible rooftop deck. Two parking spaces. Seats 100 inside and 60 outside. Options to extend the lease are negotiable. Incredible opportunity to own a restaurant and bar in one of the best coastal cities in California. Over 1 million unique visitors come to Hermosa's downtown annually.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Private Restrooms
- Print/Copy Room
- Exposed Ceiling
- Plug & Play
- Finished Ceilings: 10’ - 16’
- Best foot traffic in the beach cities
- Beach, strand and ocean views
- Type 47 ABC license available for purchase
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 PIER AVENUE PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Heavenly Couture, Inc.
- Ladies' Apparel
- -
- National
- Hermosa Beach Trading Co.
- Other Retail
- 1
- Local
- Oakberry
- Restaurant
- 28
- International
- Playa Hermosa Fish & Oyster Co.
- Restaurant
- 1
- Local
- Waves
- Other Retail
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Heavenly Couture, Inc. | Ladies' Apparel | - | National |
| Hermosa Beach Trading Co. | Other Retail | 1 | Local |
| Oakberry | Restaurant | 28 | International |
| Playa Hermosa Fish & Oyster Co. | Restaurant | 1 | Local |
| Waves | Other Retail | 1 | Local |
PROPERTY FACTS
| Total Space Available | 2,800 SF | Gross Leasable Area | 7,694 SF |
| Property Type | Retail | Year Built | 1922 |
| Property Subtype | Storefront | Parking Ratio | 1.3/1,000 SF |
| Total Space Available | 2,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 7,694 SF |
| Year Built | 1922 |
| Parking Ratio | 1.3/1,000 SF |
ABOUT THE PROPERTY
Prime Pier Plaza location in downtown Hermosa Beach just steps to the pier, strand, beach, and ocean. One of only a handful of restaurants in Hermosa Beach with ocean views. Mezzanine has dry storage and an office with views.
- Signage
- Waterfront
NEARBY MAJOR RETAILERS
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Pier Avenue Plaza | 19-31 Pier Ave
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