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970 GAYLEY 970 Gayley Ave 600 SF of Retail Space Available in Los Angeles, CA 90024
Highlights
- Prime Westwood Village retail location near UCLA, surrounded by dense student housing, strong foot traffic, and national retailers.
- Prominent corner positioning at Weyburn Ave & Gayley Ave with excellent visibility and strong pedestrian exposure.
- Dense infill market with limited availability, benefiting from high barriers to entry and strong demand from food users.
- Highly sought-after UCLA trade area with consistent daytime and evening traffic from students, faculty, and nearby professionals.
- Vibrant, walkable retail corridor featuring a mix of dining, entertainment, and service-oriented tenants.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 970 | 600 SF | 1-10 Years | $170.04 /SF/YR $14.17 /SF/MO $102,024 /YR $8,502 /MO | Modified Gross |
1st Floor, Ste 970
Approximately 600 SF second-generation restaurant space offered at $8,500 per month. Fully built-out with kitchen infrastructure and full FF&E included, allowing for immediate occupancy. Efficient layout supports quick-service or specialty food concepts. Located in Westwood Village near UCLA, the space benefits from heavy pedestrian foot traffic and strong surrounding retail synergy. Steps away from UCLA Hospital and high rise office building. Thousand of apartment units have been recently built and more under construction. Ideal opportunity for an operator seeking a turnkey presence in a high-demand dining corridor. Property has onsite parking. Broker Cooperation Welcome
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Broker Cooperation Welcome
- Seeking a 3-5 year lease, but open to other terms
- Full FF&E included turnkey setup
- Located property has a walking score of 95/100
- Onsite Parking available for customer convenience
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 970 GAYLEY
- Tenant
- Description
- US Locations
- Reach
- Gushi Korean BBQ
- -
- 1
- -
- Tomodachi Sushi
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Gushi Korean BBQ | - | 1 | - |
| Tomodachi Sushi | Restaurant | 1 | - |
Property Facts
| Total Space Available | 600 SF | Gross Leasable Area | 1,500 SF |
| Property Type | Retail | Year Built | 1976 |
| Property Subtype | Retail |
| Total Space Available | 600 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 1,500 SF |
| Year Built | 1976 |
About the Property
Turn-key take out restaurant in historic Westwood Village. This beautiful, pedestrian-friendly district experiences significant foot traffic throughout the day and evening due to UCLA campus/hospital and major office towers. Join this vibrant, unique community centrally located in Los Angeles & serving neighborhoods of UCLA, Holmby Hills, Wilshire Corridor, Bel Air, Brentwood, Beverly Hills, West Hollywood, & Santa Monica. Westwood Village is easily accessible & provides a retreat for Angelenos from their busy, big-city lives. This charming environment hosts visitors, shoppers, residents, UCLA students, & people who work in the area.
- Corner Lot
- Food Court
- Restaurant
- Signalized Intersection
- Storage Space
Nearby Major Retailers
Contact the Leasing Agent
970 GAYLEY | 970 Gayley Ave