Share This Listing

Message

964 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Sublease Highlights

  • Signalized hard corner (Pico Boulevard & West Boulevard)
  • One (1) block north of Venice Boulevard
  • Upgraded security gates (Pico Boulevard & West Boulevard access points)
  • One (1) block east of San Vicente Boulevard
  • Upgraded security fencing surrounding property
  • Available immediately

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Ceiling
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 7,123 SF
  • 15’10” - 16’8”
  • Jul 2027
  • $44.76 /SF/YR $3.73 /SF/MO $318,825 /YR $26,569 /MO
  • Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Turn-key body shop available for immediate sublease. First class remodel inside & out. Existing spray booth, three (3) existing Bend Pak above ground lifts, two (2) in ground hydraulic lifts, two (2) Celette Bench, one (1) Miller welder, upgraded BOGE C15N air compressor (with Mikrpor air dryer & 150-200 gallon storage tank), Hunter alignment scissor lift, Hunter WR48X laser system, Airtek AC-Dual A/C service system (r-134a & 1234yf), Chief EZ Liner frame rack, four (4) newer office desks, four (4) HP computers, four (4) dual screen monitors, four (4) Ooma phone systems, one (1) new brother printer, eighteen (18) camera security system & alarm.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Private Restrooms
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • High Ceilings
  • Exposed Ceiling
  • Secure Storage
  • Plug & Play
  • Finished Ceilings: 15’10” - 16’8”
  • Yard
  • Signalized hard corner (Pico & West Boulevard)
  • One (1) block east of San Vicente Boulevard
  • One (1) block north of Venice Boulevard
  • Upgraded security fencing surrounding property
  • Upgraded sliding gates - two (2) points of entry
  • Epoxy sealed floors throughout
Space Size Ceiling Term Rental Rate Rent Type
1st Floor 7,123 SF 15’10” - 16’8” Jul 2027 $44.76 /SF/YR $3.73 /SF/MO $318,825 /YR $26,569 /MO Triple Net (NNN)

1st Floor

Size
7,123 SF
Ceiling
15’10” - 16’8”
Term
Jul 2027
Rental Rate
$44.76 /SF/YR $3.73 /SF/MO $318,825 /YR $26,569 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Build-Out
Full Build-Out
Availability
Now

Turn-key body shop available for immediate sublease. First class remodel inside & out. Existing spray booth, three (3) existing Bend Pak above ground lifts, two (2) in ground hydraulic lifts, two (2) Celette Bench, one (1) Miller welder, upgraded BOGE C15N air compressor (with Mikrpor air dryer & 150-200 gallon storage tank), Hunter alignment scissor lift, Hunter WR48X laser system, Airtek AC-Dual A/C service system (r-134a & 1234yf), Chief EZ Liner frame rack, four (4) newer office desks, four (4) HP computers, four (4) dual screen monitors, four (4) Ooma phone systems, one (1) new brother printer, eighteen (18) camera security system & alarm.

  • Sublease space available from current tenant
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Central Air Conditioning
  • Private Restrooms
  • Security System
  • Closed Circuit Television Monitoring (CCTV)
  • High Ceilings
  • Exposed Ceiling
  • Secure Storage
  • Plug & Play
  • Finished Ceilings: 15’10” - 16’8”
  • Yard
  • Signalized hard corner (Pico & West Boulevard)
  • One (1) block east of San Vicente Boulevard
  • One (1) block north of Venice Boulevard
  • Upgraded security fencing surrounding property
  • Upgraded sliding gates - two (2) points of entry
  • Epoxy sealed floors throughout

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 7,123 SF
Property Type Retail
Property Subtype Auto Repair
Gross Leasable Area 7,123 SF
Year Built/Renovated 1982/2022

About the Property

Turn-key body shop for sublease. First class remodel (epoxy sealed floors, office fully remodeled, updated bathrooms, paint, etc.). Deep bays (tandem depth). High ceilings (approx. 16'8" east building & 15'10" south building). $350K key money includes: One (1) paint booth Three (3) Bend Pak above-ground lifts Two (2) hydraulic in-ground lifts One (1) Hunter alignment scissor lift & WR48X laser system One (1) Chief EZ Liner frame rack Upgraded BOGE C15N air compressor, Mikrpor air dryer & 150-200 gallon storage tank One (1) Airtek AC-Dual A/C service system (r-134a & 1234yf) Two (2) Celette Bench One (1) Miller welder Four (4) newer office desks Four (4) HP computers Four (4) split screen monitors Four (4) Ooma phone systems One (1) Brother printer 18 camera security system & alarm Current rent is $26,520.00/month/NNN (2% annual increases) 2023 taxes were $29,355.58/year ($2,446.30/month) Sublease term is currently through 6/30/27, with one (1) five (5) year option to renew New ten (10) year lease is possible

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Fenced Lot
  • Pylon Sign
  • Security System
  • Signalized Intersection
  • Air Conditioning
Very walkable
80/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Smart & Final
Chase
Ralphs
Bank of America
Planet Fitness
Five Guys
Yoshinoya
bb.q Chicken
Sprouts Farmers Market
  • Listing ID: 30603922

  • Date on Market: 1/8/2024

  • Last Updated:

  • Address: 4478 Pico Blvd, Los Angeles, CA 90019

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}