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Steele Plaza 5318 S Vermont Ave 990 - 2,232 SF of Retail Space Available in Los Angeles, CA 90037
HIGHLIGHTS
- 66,0001 people living in a very densely populated 1-mile radius of shopping center anchored by 7-Eleven.
- Hard corner signalized intersection situated close to USC, Downtown LA, and Staples Center
- End cap retail units & second story office unit available in high traffic shopping center
- Great for retail, restaurant, fast food, or office
- Ideal frontage, prominent visibility and building signage with store-front parking
- Over 36,500 cars through the intersection daily, at very attractive rates
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 1,242 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $37,260 /YR $3,105 /MO | Triple Net (NNN) | ||
| 2nd Floor | 990 SF | Negotiable | $25.20 /SF/YR $2.10 /SF/MO $24,948 /YR $2,079 /MO | Triple Net (NNN) |
2nd Floor
This fully built-out med spa features a welcoming reception area and spacious waiting room, creating a luxurious client experience. The facility includes three private treatment rooms, a private office with locked storage, and a break room for staff convenience. A bathroom with a shower adds extra functionality, ideal for spa or wellness services. Modern finishes, built-in storage, and flexible layout make this a turnkey opportunity for a med spa, nail/ hair salon, massage studio, or wellness center.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Space is in Excellent Condition
- Central Air and Heating
- Partitioned Offices
- Private Restrooms
- Security System
- High Ceilings
- Drop Ceilings
- Secure Storage
- Recessed Lighting
- Plug & Play
- Shower Facilities
- Demised WC facilities
- Hardwood Floors
2nd Floor
- 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 and Heating
- Partitioned Offices
- Private Restrooms
- Security System
- High Ceilings
- Drop Ceilings
- Secure Storage
- Recessed Lighting
- Plug & Play
- Shower Facilities
- Demised WC facilities
- Hardwood Floors
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.
SITE PLAN
SELECT TENANTS AT STEELE PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- 7-Eleven
- Convenience Market
- 10,644
- International
- Dream Kids Dental
- MD/DDS
- 1
- Local
- Fishbone Seafood
- Restaurant
- 3
- Local
- Tricolor Soccer League
- Fitness
- 1
- Local
- USA Service Professionals
- Other Services
- 1
- Local
- Zinnia Medspa
- Health Care
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| 7-Eleven | Convenience Market | 10,644 | International |
| Dream Kids Dental | MD/DDS | 1 | Local |
| Fishbone Seafood | Restaurant | 3 | Local |
| Tricolor Soccer League | Fitness | 1 | Local |
| USA Service Professionals | Other Services | 1 | Local |
| Zinnia Medspa | Health Care | 1 | Local |
PROPERTY FACTS
| Total Space Available | 2,232 SF | Gross Leasable Area | 10,872 SF |
| Property Type | Retail | Year Built/Renovated | 1995/2019 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.96/1,000 SF |
| Total Space Available | 2,232 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,872 SF |
| Year Built/Renovated | 1995/2019 |
| Parking Ratio | 1.96/1,000 SF |
FEATURES AND AMENITIES
- Corner Lot
- Signage
- Monument Signage
DEMOGRAPHICS
Demographics
NEARBY MAJOR RETAILERS
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Steele Plaza | 5318 S Vermont Ave
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