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Highlights

  • Prominent Pico Blvd frontage in Downtown LA South Park
  • Open, flexible floor plan well suited for health club, training, wellness, entertainment
  • Dense surrounding population and daytime employment base
  • 16-foot ceiling height suitable for fitness, showroom, studio, retail, or creative commercial uses
  • Exceptional access to Downtown LA, South Park, LA Live, the Convention Center, and Crypto.com Arena
  • Rare freestanding, single-tenant building opportunity in the Downtown LA submarket

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 8,222 SF
  • 16’
  • Negotiable
  • $18.00 /SF/YR $1.50 /SF/MO $147,996 /YR $12,333 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Finished Ceilings: 16’
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 8,222 SF 16’ Negotiable $18.00 /SF/YR $1.50 /SF/MO $147,996 /YR $12,333 /MO Triple Net (NNN)

1st Floor

Size
8,222 SF
Ceiling
16’
Term
Negotiable
Rental Rate
$18.00 /SF/YR $1.50 /SF/MO $147,996 /YR $12,333 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Finished Ceilings: 16’

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 Creative/retail/storefront space

  • Tenant
  • Description
  • US Locations
  • Reach
  • CMS Fitness Bootcamp, LLC
  • Retailer
  • -
  • -
  • Lazrfit
  • Massage
  • 1
  • -
  • Paul S Brown Training Inc
  • Professional, Scientific, and Technical Services
  • 1
  • -
Tenant Description US Locations Reach
CMS Fitness Bootcamp, LLC Retailer - -
Lazrfit Massage 1 -
Paul S Brown Training Inc Professional, Scientific, and Technical Services 1 -

Property Facts

Total Space Available 8,222 SF
Property Type Retail
Property Subtype Health Club
Gross Leasable Area 8,222 SF
Year Built 1909

About the Property

This 8,222-square-foot freestanding commercial building presents a rare single-tenant leasing opportunity in the Downtown Los Angeles submarket. The property features an open and flexible floor plan, 16-foot ceiling height, brick construction, and prominent frontage along both Pico Boulevard and Grand Avenue, providing excellent visibility and signage potential. Ideally suited for a fitness center, training facility, wellness concept, showroom, studio, entertainment venue, specialty retailer, or other creative commercial use, the space offers the flexibility to accommodate a wide range of customer-oriented businesses. Its highly accessible location is approximately 0.2 miles from the Pico Metro Station and provides convenient connectivity to South Park, LA Live, the Los Angeles Convention Center, Crypto.com Arena, and the broader Downtown Los Angeles area. Surrounded by a dense residential population, growing mixed-use development, and a substantial daytime employment base, the property offers businesses an opportunity to establish a distinctive presence in one of Downtown Los Angeles’ most centrally located and transit-oriented neighborhoods.

  • Signage
  • Air Conditioning
Very walkable
80/100
Exceptionally drivable
90/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

Orangetheory Fitness
Starbucks
Chase Bank
Bank of America
Grocery Outlet
Smart & Final
U.S. Bank
Smashburger
Fleming's Prime Steakhouse & Wine Bar
Yard House
  • Listing ID: 41308732

  • Date on Market: 7/15/2026

  • Last Updated:

  • Address: 400 W Pico Blvd, Los Angeles, CA 90015

Contact the Leasing Agent

Creative/retail/storefront space | 400 W Pico Blvd

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