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700-706 E 1st St 4,100 SF of Retail Space Available in Los Angeles, CA 90012
Highlights
- Corner location
- Tall ceilings
- Vintage brick exterior
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 | 4,100 SF | 12’ - 12’2” | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $86,100 /YR $7,175 /MO | Modified Gross |
1st Floor
Prime location for coffee shop, restaurant, retailer, meeting space, or office. Corner location, two entrances including large roll-up door, tall 12 foot ceilings. Two bathrooms, one ADA accesible. Concrete and wood floors. Vintage hand-pulled elevator (lessee responsible to confirm permitting and usage with city) and large 883 SF basement with sidewalk access possible. Three partitioned offices. One block from Joint Seafood, two blocks from Hauser Wirth, Wurstekuche, Salt & Straw, and other award winning Arts District restaurants. Short walk to the Little Tokyo metro stop and all that Little Tokyo has to offer, such as Daikokuya ramen, Marugame Monzo, Sushi Gen. Four michelin-starred restaurants within a short walking distance. Metered street parking. Monthly parking available at Mangrove site (entrance 414 E. Temple), $130/month. Parking can also be arranged across street with Zenshuji temple.
- Listed rate may not include certain utilities, building services and property expenses
- Partitioned Offices
- Corner Space
- High Ceilings
- Finished Ceilings: 12’ - 12’2”
- Basement
- Demised WC facilities
- Corner location, high ceilings, basement
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 700-706 E 1st St, Los Angeles, CA 90012
- Tenant
- Description
- US Locations
- Reach
- KC Beauty Academy
- Educational Services
- 1
- -
- Subway
- Sub Sandwich
- 26,555
- International
| Tenant | Description | US Locations | Reach |
| KC Beauty Academy | Educational Services | 1 | - |
| Subway | Sub Sandwich | 26,555 | International |
Property Facts
| Total Space Available | 4,100 SF | Gross Leasable Area | 17,395 SF |
| Property Type | Retail | Year Built | 1909 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 4,100 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 17,395 SF |
| Year Built | 1909 |
Nearby Major Retailers
Contact the Leasing Agent
700-706 E 1st St