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HIGHLIGHTS
- ±24,553 SF total with multiple divisible retail opportunities
- Prime Beverly Hills location with elite foot and vehicle traffic
- Strong consumer spending: $534M+ in food, apparel, entertainment nearby
- Over 47,000 vehicles per day on Santa Monica Blvd nearby
- Average household income exceeds $130K within one mile
- Prime Beverly Hills location with elite foot and vehicle traffic
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 24,553 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Anchor Space
- Central Air Conditioning
- Private Restrooms
- Freezer Space
- High Ceilings
- Drop Ceilings
- Secure Storage
- Emergency Lighting
- After Hours HVAC Available
- Basement
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 RITE AID
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Rite Aid
- Drug Store
- -
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Rite Aid | Drug Store | - | National |
PROPERTY FACTS
| Total Space Available | 24,553 SF | Gross Leasable Area | 32,056 SF |
| Property Type | Retail | Year Built | 1967 |
| Property Subtype | Drug Store | Parking Ratio | 1.56/1,000 SF |
| Total Space Available | 24,553 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 32,056 SF |
| Year Built | 1967 |
| Parking Ratio | 1.56/1,000 SF |
ABOUT THE PROPERTY
Formerly occupied by Rite Aid, 300 N Canon Drive is a ±24,553 square foot retail building prominently located in the prestigious Beverly Hills Golden Triangle. Originally constructed in 1967, the building sits at the intersection of N Canon Drive and Dayton Way, surrounded by some of the most recognizable global luxury brands, fine dining establishments, and premier office and hospitality assets in Los Angeles. This high-profile corner site offers exceptional visibility and accessibility, positioned just steps from Rodeo Drive, Beverly Hills City Hall, and Beverly Wilshire Hotel. With multiple points of ingress/egress, the property benefits from strong vehicular and pedestrian traffic, including over 47,000 vehicles per day on nearby Santa Monica Blvd and 43,000+ on Wilshire Blvd. The building offers ±19,738 SF of first-floor retail space, with additional ±5,372 SF and ±5,064 SF basement-level spaces ideal for supplemental storage, showroom expansion, or creative use. Spaces are divisible and well-suited for flagship retail, luxury wellness, experiential retail, or high-end service concepts. Demographics & Market Strength: • Over 30,000 residents within a 1-mile radius, with average household incomes exceeding $136,000 • Daytime population bolstered by dense commercial offices and tourism traffic • Access to over 2.7 million residents within a 10-mile radius • 5-minute walk to major parking structures and public transit options Property Highlights: • Built in 1987; high-quality construction and prominent architectural façade • Rare availability in the coveted Beverly Hills retail core • Highly walkable and visible location in luxury shopping district • Surrounded by Chanel, Gucci, Louis Vuitton, Hermes, and more • Co-tenancy and synergy with top-tier brands and amenities • Zoned for a wide range of retail, personal service, and medical uses (verify with city) This is a rare opportunity to secure flagship presence in one of the world’s most recognized and valuable retail corridors. The location, prestige, and consumer base make 300 N Canon Drive a premier destination for retail expansion in Southern California.
- Corner Lot
- Mezzanine
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Rite Aid | 300 N Canon Dr
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