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4021-4029 Radford Ave 8,340 SF of Retail Space Available in Studio City, CA 91604
HIGHLIGHTS
- Heavy Daytime Traffic
- Corner Lot
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,340 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Commanding the spotlight just steps from CBS Studios, CBRE proudly presents 4029 Radford Ave as a rare and unmissable gem – prime for redevelopment or as an iconic owner/operator opportunity in one of LA’s most high-profile corridors. Currently home to a well-established, high-end auto repair business, the property at 4029 Radford Ave. Presents a rare dual-path opportunity. Previously entitled for a mixed-used development, the site allows for approximately ±3,374 square feet of ground-floor retail with 54 residential units above – ideal for developers looking to capitalize on Studio City’s strong demand for lifestyle-driven urban infill. Whether repositioned for maximum density or maintained as a stable owner/operator investment, this property offers exceptional flexibility in one of San Fernando Valley’s most sought-after corridors.
- Fully Built-Out as a Car Dealership
- Space is an outparcel at this property
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 4021-4029 RADFORD AVE, STUDIO CITY, CA 91604
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Auto Plaza Radford Ave
- Auto Maintenance/Oil Change
- 1
- -
- Pulp Surfaces
- Health & Beauty Aids
- 1
- -
- Smog Land
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Auto Plaza Radford Ave | Auto Maintenance/Oil Change | 1 | - |
| Pulp Surfaces | Health & Beauty Aids | 1 | - |
| Smog Land | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 8,340 SF | Gross Leasable Area | 8,340 SF |
| Property Type | Retail | Year Built | 1938 |
| Property Subtype | Auto Repair | Parking Ratio | 1.05/1,000 SF |
| Total Space Available | 8,340 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 8,340 SF |
| Year Built | 1938 |
| Parking Ratio | 1.05/1,000 SF |
FEATURES AND AMENITIES
- Corner Lot
- Signage
NEARBY MAJOR RETAILERS
CONTACTS
-
Edward Matevosian -
Jenny Eng -
Kristina Kheshvadjian -
Khalid Yosufzai -
CBRE, Inc.
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4021-4029 Radford Ave
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