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8947 W Sunset Blvd 1,650 SF of Retail Space Available in West Hollywood, CA 90069
Highlights
- Tenant pays its own utilities
- Dual concept: Nightclub + Fast Food (high scalability) Currently strong profitability - 38%+ margins with significant upside
- Absentee owner structure possible - Currently operating only 2 nights/week - massive growth potential
- $485,000 key money Turnkey Speakeasy Nightclub in Prime Sunset
- Includes ABC 47: 7am-2am daily and CUB allows for live entertainment
- Fully built in 2024 – over $500,000 invested Turnkey operation – no additional capex needed
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 | 1,650 SF | 10’ - 14’ | Negotiable | $94.08 /SF/YR $7.84 /SF/MO $155,232 /YR $12,936 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Fully Carpeted
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- High Ceilings
- Finished Ceilings: 10’ - 14’
- DDA Compliant
- Demised WC facilities
- Smoke Detector
- 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 8947 W Sunset Blvd, West Hollywood, CA 90069
- Tenant
- Description
- US Locations
- Reach
- Blow Dry Bar
- Retailer
- 1
- -
- LaserAway
- Salon/Barber/Spa
- 139
- National
- Maysa Salami Coffee
- -
- 1
- -
- Nails By Design & Spa Inc
- Services
- 1
- -
- Outlaw Cosmetics
- Retailer
- 1
- -
- Sunset Nail Design
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Blow Dry Bar | Retailer | 1 | - |
| LaserAway | Salon/Barber/Spa | 139 | National |
| Maysa Salami Coffee | - | 1 | - |
| Nails By Design & Spa Inc | Services | 1 | - |
| Outlaw Cosmetics | Retailer | 1 | - |
| Sunset Nail Design | - | 1 | - |
Property Facts
| Total Space Available | 1,650 SF | Gross Leasable Area | 17,402 SF |
| Property Type | Retail | Year Built | 1936 |
| Property Subtype | Restaurant | Parking Ratio | 1.72/1,000 SF |
| Total Space Available | 1,650 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 17,402 SF |
| Year Built | 1936 |
| Parking Ratio | 1.72/1,000 SF |
About the Property
There is $485,000 key money for this business asset sale - turnkey speakeasy nightclub + integrated fast casual kitchen. The current set up offers a unique dual-revenue model:. 1) Nightclub / events / bottle service, + 2) Fast Food window concept outside and independent optimized for delivery, pickup, and late-night demand. The casual food concept is profitable and its business is currently valued at ~$550,000, with a high-margin simplified menu. This creates a second revenue stream independent of nightlife, significantly increasing business value and stability. and offers Late-night synergy with club operations. The speakeasy/nightclub is absentee oenser, currently operated two (2) nights per week (rented by the night to promoters). This business asset sale presents a rare opportunity to acquire a fully built-out nightlife venue in the heart of the legendary 1.6 mile of the Sunset Strip famous for its party life night scene in West Hollywood, The speakeasy is surrounded by iconic venues such as: The Roxy Theatre, The Rainbow, The Whisky a Go Go, The Viper Room, The Soho House West Hollywood, The Sunset House, The London, etc. This location benefits from constant foot traffic, tourism, and nightlife demand. This sale includes: ABC 47 Full Liquor License till 2 am daily; its CUP with live entertainment; Lease (assignment or new lease available at the same rate); $500,000+ in build-out & equipment (club and kitchen). Sophisticated Sound System ($80K + value); lighting systems; Security system; POS system; All Social media accounts; Clients database; Promoters network; Supplier relationships; Staff Fully equipped kitchen with a 10 feet hood, grease-trap and small office; All equipment was purchased new in 2024. LEASEHOLD IMPROVEMENTS: Recently remodeled at a cost of $800K+ The Facilities: Approx. 1,650 SF fully built-out venue with a Capacity of about 100 guests; historic building; 12 ft ceilings; There is a Stage + DJ booth; Full bar + private booths and room to dance; Premium sound system (4 subwoofers double 15”); High-end lighting system; Fully equipped kitchen; Small Office + storage; 2 ADA restrooms; Large parking lot behind This business asset sale presents a rare opportunity on West Hollywood’s iconic Sunset Strip, one of Los Angeles’ most vibrant and renown entertainment corridors. The asset is currently offered as a luxury, second-generation restaurant and nightclub space with complete build-out and infrastructure in place for an upscale hospitality concept.
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8947 W Sunset Blvd
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