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Promenade | PV 520-550 Deep Valley Dr 1,071 - 6,344 SF of Retail Space Available in Rolling Hills Estates, CA 90274
HIGHLIGHTS
- 2nd generation restaurant opportunities
- Perfect for tutoring centers, test prep academies, language schools, and STEAM-focused education providers.
- Suited for martial arts dojos.
- Recently Leased out: Pho Redbo, OdysseyVR, High-End Bowling Alley, Sugo Social Lounge on the 2nd Floor - 6,500 sqft!
- Ideal for art studios, dance academies, and performance-based programming.
- Great for medical or wellness practices seeking a strong neighbourhood presence
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 141-A | 1,669 SF | - | 5-10 Years | $30.00 /SF/YR $2.50 /SF/MO $50,070 /YR $4,173 /MO | Triple Net (NNN) | |
| 2nd Floor, Ste 243 | 1,071 SF | 10’ | 3-7 Years | $18.00 /SF/YR $1.50 /SF/MO $19,278 /YR $1,607 /MO | Triple Net (NNN) | |
| 2nd Floor, Ste 269 | 2,020 SF | - | 3-7 Years | $18.00 /SF/YR $1.50 /SF/MO $36,360 /YR $3,030 /MO | Triple Net (NNN) | |
| 2nd Floor, Ste 279 | 1,584 SF | - | 3-7 Years | $18.00 /SF/YR $1.50 /SF/MO $28,512 /YR $2,376 /MO | Triple Net (NNN) |
520-550 Deep Valley Dr - 1st Floor - Ste 141-A
Step into the former Daisy Buchanan’s and bring your culinary vision to life in this well-equipped restaurant space at the bustling Promenade|PV. This turnkey opportunity features a spacious dining area with outdoor seating and a bar, perfect for both casual and elevated guest experiences. The layout includes a front counter, prep areas, built-in brick oven, built-in freezer, and multiple food prep zones designed for efficiency. Additional highlights include separate men's and women’s restrooms, a small office space, and the infrastructure needed to get up and running quickly. Ideal for restaurateurs looking for a vibrant, high-traffic location surrounded by popular retail and lifestyle destinations.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Freezer Space
- Plug & Play
- Ventilation - Venting
- Smoke Detector
- Wheelchair Accessible
- Built-In Brick Oven
- Well-equipped Restaurant Space
- Built-In Freezer
- Separate Men's and Women's Restrooms
- Perfect Oven Pizza Concepts
520-550 Deep Valley Dr - 2nd Floor - Ste 243
Welcome to an exceptional opportunity to lease a 1,071 sqft retail unit ideally suited for your business aspirations. Formerly a 2nd Generation Jewelry Store, this space boasts a rich history and features a functional layout with a main retail area complemented by display cases, an administrative office for managerial tasks, and a private restroom ensuring convenience and privacy. We are currently seeking a jewelry retailer to take over this space and continue its legacy of excellence. Landlord to provide discounted rate of $1.50 plus NNN for the 1st year followed by stepped escalation in the 2nd Year. Landlord will also provide rent abatement if build out is required! Internal message: Stepped escalation would be around $2.25 in year 2!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Partitioned Offices
- Private Restrooms
- Finished Ceilings: 10’
- 2nd Generation Jewelry Store!
- Private Restroom
- With Administrative Office
- Display Cases
520-550 Deep Valley Dr - 2nd Floor - Ste 269
Discover the perfect retail opportunity at Promenade Palos Verdes! This spacious 2,020 sqft second-floor unit offers an inviting open floor plan, ideal for showcasing your merchandise or creating an engaging shopping experience. The layout is thoughtfully designed to maximize visibility and flow, with a private restroom and convenient storage area at the back to meet your operational needs. Located in a vibrant shopping center, this versatile space is ready to elevate your business in a prime, high-traffic location. Don't miss out on this exceptional opportunity to make your mark in Palos Verdes! Landlord to provide discounted rate of $1.50 plus NNN for the 1st year followed by stepped escalation in the 2nd Year. Landlord will also provide rent abatement if build out is required! Internal message: Stepped escalation would be around $2.25 in year 2!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- After Hours HVAC Available
- Mostly Open Plan
- Storage Room
- Private Restroom
520-550 Deep Valley Dr - 2nd Floor - Ste 279
Step into 1,584 sqft of thoughtfully designed space, previously a women's healthcare facility, featuring a smart layout with multiple private offices for optimal privacy and functionality. This unit is perfect for businesses seeking a blend of modern design and practicality. The glass entry welcomes you into a bright and inviting reception area, where natural light floods the space, creating an uplifting and professional ambiance. A sleek glass wall enhances the contemporary feel while allowing light to flow seamlessly throughout the unit. Landlord to provide discounted rate of $1.50 plus NNN for the 1st year followed by stepped escalation in the 2nd Year. Landlord will also provide rent abatement if build out is required! Internal message: Stepped escalation would be around $2.25 in year 2! Four of the private offices are equipped with built-in cabinets and sinks, offering added convenience for medical, wellness, or beauty practices. Toward the back, a large storage area also features cabinets and an additional sink, providing ample space for supplies and organization. Enjoy the added benefit of a private restroom for your team and clients, ensuring comfort and convenience.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air Conditioning
- Partitioned Offices
- Private Restrooms
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 PROMENADE | PV
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Chico's
- Ladies' Apparel
- 774
- International
- Discovery World
- Other Services
- 1
- Local
- El Pollo Inka
- Restaurant
- 9
- Local
- Equinox
- Fitness
- 143
- International
- Good Stuff Restaurant
- Restaurant
- 1
- Local
- Regal Cinemas
- Cinema
- 732
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Chico's | Ladies' Apparel | 774 | International |
| Discovery World | Other Services | 1 | Local |
| El Pollo Inka | Restaurant | 9 | Local |
| Equinox | Fitness | 143 | International |
| Good Stuff Restaurant | Restaurant | 1 | Local |
| Regal Cinemas | Cinema | 732 | National |
PROPERTY FACTS
| Total Space Available | 6,344 SF | Frontage | |
| Center Type | Lifestyle Center | Gross Leasable Area | 374,168 SF |
| Parking | 1850 Spaces | Total Land Area | 13.26 AC |
| Stores | 57 | Year Built | 1981 |
| Center Properties | 1 |
| Total Space Available | 6,344 SF |
| Center Type | Lifestyle Center |
| Parking | 1850 Spaces |
| Stores | 57 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 374,168 SF |
| Total Land Area | 13.26 AC |
| Year Built | 1981 |
ABOUT THE PROPERTY
Welcome to The Promenade | Palos Verdes, a vibrant shopping center in the heart of the South Bay, now under new ownership and brimming with exciting possibilities. With a fresh focus on family-oriented entertainment, diverse culinary experiences, and a touch of retail magic, The Promenade invites visitors to immerse themselves in a world of leisure and excitement. Recent enhancements include the replacement of escalators throughout the entire center—a $1.2 million investment ensuring smooth transitions between levels. The iconic water fountain, a beloved symbol of summer, has been lovingly restored just in time for the season’s festivities. Plus, enjoy seamless connectivity with free WiFi spanning the entire Promenade. Parking is a breeze with 1,855 spaces spread across a convenient three-level structure, offering direct access to each floor. Explore a rich tapestry of entertainment and dining options, from the latest blockbusters at Regency Theaters to mouthwatering delights at Good Stuff, Pollo Inka, and Fuego Cravings. Indulge your senses with a diverse array of cuisines, including French favorites at Crème de la Crepe and modern Italian dishes at the newly opened SUGO SOCIAL Restaurant. Perfect for tutoring centers, test prep academies, language schools, and STEAM-focused education providers, the Promenade provides a supportive environment for learning and growth. It’s also ideal for art studios, dance academies, and performance-based programming seeking a creative and inspiring home. Suited for martial arts dojos looking to establish a strong community presence. Great for medical or wellness practices seeking visibility and access in an active, high-traffic center. For those seeking thrills, lace up your skates at the LA KINGS Ice Skating Arena or immerse yourself in the wonders of Discovery World. Retail therapy awaits with esteemed brands like Talbots and Chico’s, while The Game Chest promises endless fun for all ages. Exciting developments are on the horizon, with a $6 million build-out bringing a state-of-the-art bowling alley, sports bar, and arcade to the center. Plus, get ready to embark on virtual adventures with Odyssey VR, a cutting-edge destination soon to grace The Promenade with its immersive experiences. Join us as we redefine leisure, learning, and entertainment—one unforgettable moment at a time.
- Pylon Sign
- Kiosk/Cart Space
NEARBY MAJOR RETAILERS
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Promenade | PV | 520-550 Deep Valley Dr
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