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771 N Virgil Ave 1,380 SF of Retail Space Available in Los Angeles, CA 90029
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 | 1,380 SF | 14’ | Negotiable | $70.92 /SF/YR $5.91 /SF/MO $97,870 /YR $8,156 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Anchor Space
- Central Air Conditioning
- Private Restrooms
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- High Ceilings
- Plug & Play
- Finished Ceilings: 14’
- Professional Lease
- Activity License
- Wheelchair Accessible
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 771 N VIRGIL AVE, LOS ANGELES, CA 90029
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Courage Bagels
- Donut Shop
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Courage Bagels | Donut Shop | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,380 SF | Gross Leasable Area | 3,720 SF |
| Property Type | Retail | Year Built/Renovated | 1922/2019 |
| Property Subtype | Restaurant | Parking Ratio | 4.3/1,000 SF |
| Total Space Available | 1,380 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,720 SF |
| Year Built/Renovated | 1922/2019 |
| Parking Ratio | 4.3/1,000 SF |
ABOUT THE PROPERTY
ATTENTION: The existing restaurant is open and operating. DO NOT DISTURB the current business. Staff does NOT know this space is being listed. Please enter ONLY as a customer, or contact Broker to arrange a special tour. CityStreet Commercial is proud to present 771 N. Virgil Ave. situated right in the heart of the prime Silverlake enclave Virgil Village. Currently home to KinKan—a beloved neighborhood gem that is moving to a new location. Virgil Village has become one of LA’s most buzz worthy culinary corridors with destinations like Melody, Sqirl, Voodo Vin Wine Bar, Budonoki, Doto, and many more. Courage Bagels, which is the only other tenant that shares this building, has a long line of hungry local Eastsiders on a daily basis. Deal Points: • Key Money: Negotiable • Appx 1,380 SF • ABC Type-41 Beer & Wine License • Shared Parking Lot • Alcohol Service Hours of Operation: 9:00 am to 11:00 pm Sunday-Thursday & 9:00 am to 12:00 am Friday-Saturday
- 24 Hour Access
- Air Conditioning
NEARBY MAJOR RETAILERS
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771 N Virgil Ave
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