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Highlights
- Free-standing retail building with mezzanine level for flexible merchandising.
- Situated among prominent lifestyle brands and sought-after eateries.
- Close to major attractions including The Grove, Pan Pacific Park, and cultural landmarks.
- Excellent storefront visibility along La Brea Avenue in a vibrant shopping corridor.
- Rear parking for four vehicles and private delivery access.
- Convenient arterial connectivity to Beverly Blvd, Melrose Ave, and Wilshire Blvd.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
The 2 spaces in this building must be leased together, for a total size of 5,450 SF (Contiguous Area):
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Mezzanine | 5,450 SF | Negotiable | $35.28 /SF/YR $2.94 /SF/MO $192,276 /YR $16,023 /MO | Triple Net (NNN) |
1st Floor, Mezzanine
The 2 spaces in this building must be leased together, for a total size of 5,450 SF (Contiguous Area):
Positioned along South La Brea Avenue in the heart of Los Angeles, this free-standing retail property offers a dynamic leasing opportunity within a thriving urban corridor. Large storefront windows create strong visibility and natural light exposure, complemented by dedicated parking at the rear for added convenience.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- High Ceilings
- Display Window
- High ceilings and natural light.
- Display windows with excellent exposure.
- Open plan space
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 | 5,450 SF | Gross Leasable Area | 5,471 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront | Parking Ratio | 0.73/1,000 SF |
| Total Space Available | 5,450 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,471 SF |
| Year Built | 1960 |
| Parking Ratio | 0.73/1,000 SF |
About the Property
Surrounded by a nationally recognized mix of lifestyle brands and popular dining destinations such as American Rag Cie, Stussy, Sugarfish, and The Sycamore Kitchen, the location benefits from heavy foot traffic and strong consumer engagement. Nearby landmarks like The Grove and La Brea Tar Pits further enhance daytime and evening visitation. Immediate access to thoroughfares such as Wilshire Boulevard and Beverly Boulevard strengthens connectivity throughout Los Angeles. This property represents an ideal solution for retail tenants seeking a prime, accessible position in a core Los Angeles trade area.
- 24 Hour Access
- Air Conditioning
Nearby Major Retailers
Presented by
323 S La Brea Ave
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