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West Angeles Plaza 3060 Crenshaw Blvd 13,260 SF of Retail Space Available in Los Angeles, CA 90016
HIGHLIGHTS
- ±13,260 SF retail site located at high-profile intersection on Jefferson Blvd and Crenshaw Blvd
- Historic Jefferson Park neighborhood in South LA
- Excellent site for neighborhood grocer or flagship retailer
- Adjacent to West Adams and Baldwin Hills
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 13,260 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
3060 S Crenshaw Blvd - 1st Floor
Former 99 Cent Only located at the high-profile intersection of Jefferson Blvd and Crenshaw Blvd.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Convenience Store
- 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.
PROPERTY FACTS
| Total Space Available | 13,260 SF | Center Properties | 2 |
| Center Type | Strip Center | Gross Leasable Area | 17,870 SF |
| Parking | 55 Spaces | Total Land Area | 1.17 AC |
| Stores | 2 | Year Built | 2013 |
| Total Space Available | 13,260 SF |
| Center Type | Strip Center |
| Parking | 55 Spaces |
| Stores | 2 |
| Center Properties | 2 |
| Gross Leasable Area | 17,870 SF |
| Total Land Area | 1.17 AC |
| Year Built | 2013 |
ABOUT THE PROPERTY
This former 99 Cent Only is an approximately 13,260 SF retail site located at the high-profile intersection of Jefferson Blvd and Crenshaw Blvd. This opportunity provides an excellent opportunity for a neighborhood grocer or flagship retailer. Prime location that is adjacent to Burger King and across the street from Arco. This property is also situated next to two major metro stations (K-Line and E-Line). Furthermore, the property is located in a dense trade area with over 345,733 residents and workers occupying the trade area during the daytime. Property also features prominent frontage on Crenshaw Blvd with over 49,332 cars passing daily. Located 0.6 miles away from I-10 freeway and 0.3 miles from Exposition Blvd.
NEARBY MAJOR RETAILERS
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West Angeles Plaza | 3060 Crenshaw Blvd
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