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Free-Standing Single Tenant Flagship+Parking 634 S Mateo St 48,482 SF of Office/Retail Space Available in Los Angeles, CA 90021
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 634 | 48,482 SF | 20’ - 25’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 634
+/- 48,482 SF of Free-Standing Space with +/- 50 On-Site Parking Space. This is a one of a kind opportunity. Additional highlights include: • +/- 48,482 SF • Very Low NNN’s • +/- 50 Secured Parking Space On-site (significantly more with valet) • 3 Licenses Available (Type 47 – Full Liquor, Type 58 – Caterer’s Permit, and Type 77 – Event Permit) • 20’-25’ Foot Ceiling Heights • Full Commercial Kitchen in place • Abundant Power • All mechanical, electrical, plumbing, and fire life safety systems have been recently upgraded and installed
- Mostly Open Floor Plan Layout
- Finished Ceilings: 20’ - 25’
- High End Trophy Space
- Private Restrooms
- High Ceilings
- Activity License
- Standalone Property
- Secured Parking
- Excellent Nearby Tenants (i.e. Soho Warehouse)
- Abundant Power
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
PROPERTY FACTS
| Total Space Available | 48,482 SF | Gross Leasable Area | 48,482 SF |
| Property Type | Retail | Year Built/Renovated | 1985/2018 |
| Property Subtype | Freestanding | Parking Ratio | 0.33/1,000 SF |
| Total Space Available | 48,482 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 48,482 SF |
| Year Built/Renovated | 1985/2018 |
| Parking Ratio | 0.33/1,000 SF |
ABOUT THE PROPERTY
634 Mateo St is a repositioned industrial building located along the Arts District’s main commercial and retail corridor. The building features high exposed ceilings, a full commercial kitchen, three (3) event and liquor licenses, and plenty of on-site private parking. The property is easily accessible to the Arts District’s growing community of residents, as well as the area’s consistent flow of visitors from across Los Angeles and beyond.
NEARBY MAJOR RETAILERS
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Free-Standing Single Tenant Flagship+Parking | 634 S Mateo St
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