8201 W 3rd St
Los Angeles, CA 90048
Property For Lease

KEY MONEY ASSET SALE ONLY - CALL BROKER FOR PRICING - PLEASE DO NOT DISTURB EMPLOYEES - TOURS BY APPOINTMENT ONLY This brand building free standing restaurant is located in the heart of Los Angeles most popular, sustainable, and busiest W. 3rd St. restaurant row, drawing from West Hollywood and Beverly Hills. Located on the NWC of the signalized intersection of La Jolla and W. 3rd. St. this building and its unique roof top patio makes a real statement for any operator. Your immediate neighbors include, Oste, Little Door, Sweetgreen, Joan's On Third, Uncle Paulies, Blue Stone, Verve Coffee, El Carmen, Slab, Toast, Magnolia Bakery, Izakaya by Katsuya, and Bacari, just to name a few. The highly improved modern 2021 kitchen and dining area showcases any casual dining to chef driven concept with ease. The building footprint including kitchen and customer service area is 1,000sf, the balance of the site is all patio dining area. A full extensive FF&E list is available upon request and includes approx 20" Type 1 Hood, 2 Walk Ins, 3 compartment sink and prep sink, grease interceptor, 6 burner stove with oven, convection oven, multiple refrigerated low boys with prep table and bins, refrigerated counters and more. The property rents for $18,565.75/mo. on a gross basis - NO NNN CHARGES, 3% annual increases. The lease expires 3/31/2029 plus has 2 x 5Yr. Options. See attached OM with links for 3D Virtual Tour for more info. Other Highlights Include: * Plug and play adaptable for many types of concepts * Corner location on one of the hottest blocks of Iconic W. 3rd St. * Private Outdoor Ground floor Patio PLUS Rare Rooftop Patio * Dumbwaiter For Upstairs Service * Gross Lease – NO NNN’s, Rent is All In This lifestyle location attracts customers all day with neighboring restaurants reportedly boasting avg. guest checks of $25+/pp at breakfast, $30+/pp at lunch and $60+/pp at dinner. If this is your first location, you're expanding East from Venice or West from Silverlake/Los Feliz, this should be your next outpost. The restaurant currently does not serve alcohol but a CUB from the city’s Restaurant Beverage Program.