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Plaza 55 5501-5511 S Vermont Ave 992 - 2,092 SF of Retail Space Available in Los Angeles, CA 90037
HIGHLIGHTS
- Clean, well-maintained, secure building
- Unit 5511 is outfitted with a large walk-in refrigerator
- Bright units with high ceilings and private bathrooms
- Gated parking lot & monument signage
- High traffic corridor
- No hair salons, barbershops, or nail salons
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Unit 5511 | 1,100 SF | Negotiable | $32.73 /SF/YR $2.73 /SF/MO $36,003 /YR $3,000 /MO | Modified Gross | ||
| 1st Floor, Ste Unit 5513 | 992 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $29,760 /YR $2,480 /MO | Modified Gross |
5501-5517 S Vermont Ave - 1st Floor - Ste Unit 5511
5511: This unit includes a full wall of built-in refrigeration, floor drains, and stainless steel sinks - an excellent fit for a deli, coffee shop, gourmet market, or similar food-oriented concept. The space also offers abundant natural light, high ceilings, and polished concrete floors.
- Listed rate may not include certain utilities, building services and property expenses
- Space is in Excellent Condition
- Corner unit
- Lots of windows
- Secure roll up shutters
- Walk-in refrigerator unit
- Private bathroom
- No hair salons, barbershops, or nail salons
5501-5517 S Vermont Ave - 1st Floor - Ste Unit 5513
5513: A shell retail space featuring a private restroom and an upper mezzanine suitable for office or storage use. High ceilings and large front windows provide a bright, open environment.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
- Large front window on busy S. Vermont Ave
- High ceilings
- Private bathroom
- Separately metered utilities
- Mezzanine office or storage
- Tenant pays utilities
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 PLAZA 55
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Los Angeles Housing Compliance Llc
- Public Administration
- 1
- -
- Power 2 Workers
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Los Angeles Housing Compliance Llc | Public Administration | 1 | - |
| Power 2 Workers | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,092 SF | Frontage | 109’ on South Vermont Ave |
| Center Type | Strip Center | Gross Leasable Area | 4,745 SF |
| Parking | 22 Spaces | Total Land Area | 0.37 AC |
| Center Properties | 1 | Year Built | 1925 |
| Total Space Available | 2,092 SF |
| Center Type | Strip Center |
| Parking | 22 Spaces |
| Center Properties | 1 |
| Frontage | 109’ on South Vermont Ave |
| Gross Leasable Area | 4,745 SF |
| Total Land Area | 0.37 AC |
| Year Built | 1925 |
ABOUT THE PROPERTY
Plaza 55 is situated in the Vermont Square neighborhood of Los Angeles, a community known for its diversity and strong local character. Two retail units are available for lease within the clean, well-maintained, and highly secure Plaza 55 shopping center, positioned at the corner of Vermont Avenue and 55th Street in South Los Angeles. The center serves a diverse, community-oriented customer base. This stretch of Vermont Avenue benefits from an average daily traffic count of 23,354 cars, and a prominent monument sign is available for tenant branding. Each unit features secure roll-down doors on all windows and entry points, and the gated parking lot is locked at night. Security cameras monitor the exterior of the property. All units are separately metered, with tenants responsible for their own electric and gas utilities.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Plaza 55 | 5501-5511 S Vermont Ave
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