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GRND FLR COMMERCIAL LOFT W/ 2ND FLR! 822-824 Wall St 3,108 - 6,216 SF of Retail Space Available in Los Angeles, CA 90014
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 824-A & B | 3,108-6,216 SF | Negotiable | $15.24 /SF/YR $1.27 /SF/MO $94,732 /YR $7,894 /MO | Plus Electric |
1st Floor, Ste 824-A & B
- Listed lease rate plus proportional share of electrical cost
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.
PROPERTY FACTS
| Total Space Available | 6,216 SF | Gross Leasable Area | 9,676 SF |
| Min. Divisible | 3,108 SF | Year Built | 1915 |
| Property Type | Retail | Parking Ratio | 0.21/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 6,216 SF |
| Min. Divisible | 3,108 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,676 SF |
| Year Built | 1915 |
| Parking Ratio | 0.21/1,000 SF |
ABOUT THE PROPERTY
Must have 670+ credit score with no evictions or bankruptcies! Monthly rate reflects 2 months free on a 12 month lease Excellent ground floor retail storefront for LEASE in the FASHION DISTRICT bordering the Flower District of Downtown LA. Highest and best use would likely be a FABRIC WHOLESALE business but all legal uses are welcome! A total of 6,500sf available for immediate occupancy and can be divided into two units, approx 3,250sf each. Both spaces have their own private rest room and mezzanine space, one of which has been built out as offices. Could also be ideal for any kind of showroom, gallery, warehouse, workshop/manufacturing (M2 zoning) or whatever legal use you can imagine. Get it now before someone swoops it up! Electricity & parking are not included. Ask advantages of signing 5-year lease! All our listings are minimal one year leases, but this owner may require longer than one year. Showings by APPOINTMENT ONLY. We are a real estate brokerage, if this space doesn’t meet your needs we may have something else that does! TEXT 213-304-4727 now or submit the Quick Contact Form on our website, realestateLA.com ! And don’t forget to follow us on social media @QuixoticRealty thank you!
NEARBY MAJOR RETAILERS
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GRND FLR COMMERCIAL LOFT W/ 2ND FLR! | 822-824 Wall St
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