retail & restaurant spaces for lease...el cholo el compadre el tronquito market fernando's taco inn...
TRANSCRIPT
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RETAIL & RESTAURANT SPACES FOR LEASE 1200 S. Grand Ave., Los Angeles, CA 90015 SEC of 12th Street & Grand Ave.LEE SHAPIRO 310-887-6226 CalBRE #00961769
JUSTIN WEISS 213-538-8631 CalBRE #01920886
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Retail & Restaurant Space for Lease G12 • 1200 S. GRAND AVE., LOS ANGELES, CA 90015 • SEC OF 12TH STREET & GRAND AVE.
Kennedy Wilson • 151 S. El Camino Drive, Beverly Hills, CA 90212 • 310-887-6400 • kennedywilson.com/brokerageKennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00746768) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.
LEE SHAPIRO Executive Vice President310-887-6226•[email protected] CalBRE #00961769
JUSTIN WEISS Vice President213-538-8631•[email protected] CalBRE #01920886
PROPERTY DESCRIPTION
Available: Suite R1: 16,548 SF (Divisible to ±1,720 SF) Suite R2: 2,457 SF
Rent: $3.75 - $4.50 PSF/Mo., NNN (±1.00 PSF/Mo.)
Parking: Abundant on-site parking
PROPERTY HIGHLIGHTS
• Largest contiguous space in the submarket• Below 347 luxury aparment units• Outdoor patio seating for corner space• Near the I-10 and CA-110 Freeways• Three blocks from Staples Center, LA LIVE and the L.A. Convention Center
Prospective tenants are hereby advised that all uses are subject to City approval.
LOCATION
W Pico Blvd
Figue
roa
St
Gra
nd A
ve
12th St
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Retail & Restaurant Space for Lease G12 • 1200 S. GRAND AVE., LOS ANGELES, CA 90015 • SEC OF 12TH STREET & GRAND AVE.
Kennedy Wilson • 151 S. El Camino Drive, Beverly Hills, CA 90212 • 310-887-6400 • kennedywilson.com/brokerageKennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00746768) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.
LEE SHAPIRO Executive Vice President310-887-6226•[email protected] CalBRE #00961769
JUSTIN WEISS Vice President213-538-8631•[email protected] CalBRE #01920886
PIC
O B
LVD
.
12TH
ST.
GRAND AVE.
Floor Plan
R22,457 SF
R116,548 SF(DIVISIBLE)
POTENTIAL DEMISING OPTIONS ON NEXT PAGE
north
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Retail & Restaurant Space for Lease G12 • 1200 S. GRAND AVE., LOS ANGELES, CA 90015 • SEC OF 12TH STREET & GRAND AVE.
Kennedy Wilson • 151 S. El Camino Drive, Beverly Hills, CA 90212 • 310-887-6400 • kennedywilson.com/brokerageKennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00746768) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.
LEE SHAPIRO Executive Vice President310-887-6226•[email protected] CalBRE #00961769
JUSTIN WEISS Vice President213-538-8631•[email protected] CalBRE #01920886
G12LOS ANGELES, CA
THE WOLFF COMPANYTCA # 2017-146
RETAIL EXHIBITAUGUST 21, 2017
110’0’ 20’ 40’ OPTION 1
RETAIL 51,760 SF
30 Occupants per “M” Occupancy
(60 SF/Occ.)
TENANT STORAGE5,077 SF
17 Occupants per “M-storage” Occupancy
(300 SF/Occ.)
RETAIL/RESIDENTLOADING
RETAIL
LEGEND
OCCUPANT STORAGE
SERVICE CORRIDOR (NOT AN EXIT CORRIDOR)
BACK OF HOUSE
EGRESS
*Note: If a restaurant or a cafe were to occupy the Retail spaces, the occupant load factor would increase and possibly require ad-ditioanl exits.
G12LOS ANGELES, CA
THE WOLFF COMPANYTCA # 2017-146
RETAIL EXHIBITAUGUST 21, 2017
310’0’ 20’ 40’ OPTION 3
RETAIL
LEGEND
OCCUPANT STORAGE
BACK OF HOUSE
EGRESS
*Note: If a restaurant or a cafe were to occupy the Retail spaces, the occupant load factor would increase and possibly require ad-ditioanl exits.
OPTION 1 OPTION 2
R1 - Demising Options
1 3,190 SF
54 Occupants per “M” Occupancy
(60 SF/Occ.)
1 3,190 SF
54 Occupants per “M” Occupancy
(60 SF/Occ.)
2 1,781 SF
30 Occupants per “M” Occupancy
(60 SF/Occ.)
2 1,781 SF
30 Occupants per “M” Occupancy
(60 SF/Occ.)
3 1,720 SF
30 Occupants per “M” Occupancy
(60 SF/Occ.)
3 1,720 SF
30 Occupants per “M” Occupancy
(60 SF/Occ.)
4 2,084 SF
35 Occupants per “M” Occupancy
(60 SF/Occ.)
4 2,084 SF
35 Occupants per “M” Occupancy
(60 SF/Occ.)
5 1,760 SF
30 Occupants per “M” Occupancy
(60 SF/Occ.)
5 7,441 SF
132 Occupants per “M” Occupancy
(60 SF/Occ.)
TENANT STORAGE
17 Occupants per “M-Storage” Occupancy
(60 SF/Occ.)
north
12TH
ST.
12TH
ST.
GRAND AVE.GRAND AVE.
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Retail & Restaurant Space for Lease G12 • 1200 S. GRAND AVE., LOS ANGELES, CA 90015 • SEC OF 12TH STREET & GRAND AVE.
Kennedy Wilson • 151 S. El Camino Drive, Beverly Hills, CA 90212 • 310-887-6400 • kennedywilson.com/brokerageKennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00746768) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.
LEE SHAPIRO Executive Vice President310-887-6226•[email protected] CalBRE #00961769
JUSTIN WEISS Vice President213-538-8631•[email protected] CalBRE #01920886
MarriottCourtyard
& Residence Inn
South Park Boundary
SP II
Bou
ndar
y
UPCOMING MIXED USE SOUTH PARK PROJECTS 1) OCEANWIDE PLAZA : Oceanwide (~504 units, 189 keys)
2) Circa : Jamison (~564 units)
3) 1400 FIGUEROA APARTMENTS : DHG (~106 units)
4) 1501 S HILL : JADE Enterprises
5) ONYX EAST : JADE Enterprises (~162 units)
6) ONYX APARTMENTS WEST : JADE Enterprises
7) 1212 FLOWER ST. APARTMENTS : Onni (~730 units)
8) HOPE ST. APtS. : Full Power Properties : (~208 units)
9) Proposed Mixed Use: Shenglong (~650 keys)
10) TEN50 CONDOS : Trumark Urban (~151 units)
11) GRAND HIGHRISE : Mack Urban (~512 units)
12) 12th & GRAND : Wolff/Astani (~640 units)
13) 1201 Grand : Shenglong
14) E ON GRAND : 4D Development (~115 units)
15) 1233 Grand: Shenglong (~150 units)
16) J.W. MARRIOTT EXPANSION : AEG (~755 keys)
17) Olympic Tower: Neman (~374 units, 373 keys)
18) APEX II : Holland Partner Group (~341 keys)
19) LUXE DEVELOPMENT : Hazens (~350 units, 300 keys)
20) LIGHTSTONE HOTEL : (~1,100 keys)
21) 1130 HOPE ST. BOUTIQUE HOTEL (~44 keys)
22) LA CONVENTION CENTER EXPANSION : City
23) LOS ANGELES STREETCAR : City/LASI
24) MY FIGUEROA STREETSCAPE PROJECT : City
52) Cambria Hotel; Pacific Property Partners ( ~225 Keys)
53) Mixed Use : (147 units)
54) Future Development: L & R
55) Future Development: Honda Site
South Park Area Development Map • Updated 7.19.2016
PROJECTS OUTSIDE OF SOUTH PARK
25) METROPOLIS : Greenland (~1540 units)
26) WILSHIRE GRAND : Korean Air(~900 keys)
27) THE BLOC : Ratkovich Company
28) 888 SOUTH HOPE : CIM Group (~526 units)
29) 744 Figueroa: Mitsui Fudosan (~436 units)
30) 801 OLIVE : Carmel Partners (~363 units)
31) FREEHAND HOTEL : Sydell Group (~200 keys)
32) 820 S OLIVE MIXED USE : Onni (~589 units)
33) ALEXAN S. BROADWAY : Trammel Crow (~305 units)
34) HILL ST. LOFTS : Barry Shy (~239 units)
35) BROADWAY PALACE : Palmer (~679 units) 36) SOLA VILLAGE : The Reef (~1,449 units)
37) 940 HILL: 940 Hill LLC (~232 units)
38) Hoxton Hotel: Hoxton
39) Onni Development: Onni Group
www.SouthPark.LAFB.com/SouthParkLosAngeles @SouthParkLA
South Park BID
South Park II BID
Streetcar Route
My Figueroa Route
MAP KEY
Existing Housing
Existing Hotel
A visualization of current development projects/investment in the South Park BID and immediate
Planned
Under Construction
O� map
UPCOMING MIXED USE SOUTH PARK II PROJECTS
40) 1001 OLIVE APARTMENTS : Lennar (~201 units)
41) FUTURE DEVELOPMENT : Cresecent Heights
42) OLIVE AVE. PROJECT : Mack Urban (~243 units)
43) MACK URBAN MIXED USE: Mack Urban
44) MIXED USE : Forest City (~391 units)
45) HERALD EXAMINER : Hearst
46) 12th & BROADWAY : Forest City
47) PROPER HOTEL : Kor Group/Alma (~151 keys)
48) PICO & OLIVE APARTMENTS : Wolff/Astani (~640 units)
49) PICO PROJECT : Mack Urban (~362 units)
50) 1340 S. OLIVE : Jade Enterprises (~154 units)
51) 14TH AND HILL: Dave Gordan (~240 units)
SOUTH PARK AREA DEVELOPMENT MAP
SOUTH PARK BUSINESS IMPROVEMENT DISTRICT (SPBID)1100 S Flower St, Suite #3400, Los Angeles, CA, 90015 • southpark.la
8 11
17
19
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46
24
20
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16
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48
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4243
25
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South Park Development Map
SITE
12) SITE - G12 (347 Units)
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Retail & Restaurant Space for Lease G12 • 1200 S. GRAND AVE., LOS ANGELES, CA 90015 • SEC OF 12TH STREET & GRAND AVE.
Kennedy Wilson • 151 S. El Camino Drive, Beverly Hills, CA 90212 • 310-887-6400 • kennedywilson.com/brokerageKennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00746768) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.
LEE SHAPIRO Executive Vice President310-887-6226•[email protected] CalBRE #00961769
JUSTIN WEISS Vice President213-538-8631•[email protected] CalBRE #01920886
expo
/blu
e li
nes
Dash
D bu
s
LA Convention CenterWest Hall
110
FWY
10 FWY
Staples Center
LA Convention CenterSouth Hall
MICROSOFTtheatrEL.A. LIVE
L.A. LIVE
L.A. LIVE
Olympic
9th
Figu
eroa
Hope
Gran
d oliv
e
Hill
mai
n
los a
ngel
esSA
NTEE
broa
dway
12th
11th
Pico
Venice
8thJames M. Wood
Flow
er
660 ft or 1/8 mi
Dash
F b
us
A12
A15
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USC
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Eat + DRINKFord’s Filling StationgLAnce Lobby BarHootersHygge BakeryIlly EspressamenteImpressoJack in the BoxJoe's Market & DeliJuice Served HereKatsuyaLa Guera RestaurantLawry's CarveryLive Basil PizzaThe Mixing RoomNEST at WP24Nixon Bar LoungeThe Original Pantry CaféThe Palm DowntownPrank*
PupuseriaRed MangoRestaurante Salvadorena CabañasRight Away Market & PatioRock N FishRosa MexicanoSmashburgerStafford & Mathis KitchenStarbucksStarbucks L.A. LIVEStarbucksSubway SubwayTable 901Tom's UrbanTriple 8 China Bar & GrillWolfgang Puck Bar & GrillWP24 by Wolfgang PuckYard House
Aladdin's CoffeeArashi SushiBarcitoBirdiesBlue Moon Hookah LoungeBoca at the Conga RoomBottleRockThe BriksBroken SpanishCaña Rum BarCleo* CoCo Fresh Tea & JuiceDon Chente Bar & GrillEJ's BitesEl CholoEl CompadreEl Tronquito MarketFernando's Taco InnFleming’s
A1A2A3A4A5A6A7A8A9A10A11A12A13A14A15A16A17A18A19
Belasco TheaterThe Novo by MicrosoftConga RoomGRAMMY Museum
L.A. LIVELA Convention CenterLucky Strike Bowling Mayan Theater
Microsoft TheaterRegal Cinemas STAPLES CenterStarlight Ballroom
B1B2B3B4
B5B6B7B8
B9B10B11B12
Abram Friedman Occupational CenterBaptist Tabernacle of Los AngelesCA Dp't of Employment DevelopmentCalifornia Family PharmacyCalifornia Hospital Medical CenterChapel at CHMCCoast Career InstituteCreate Now
First United Methodist Church of LAGrand Hope ParkGreen Dot Public SchoolsHillsong ChurchHope St Family Center"I AM" Temple Of Los AngelesKid City Hope PlaceL.A. LIVE Dog Park
LA Bureau of Street ServicesLA Public WorksMetro Charter SchoolMichael Vincent AcademySalvation Army and ChurchVenice Hope ParkYWCA Greater LA
C1C2C3C4C5C6C7C8
10th Planet Jiu Jitsu4 Less Displays Outlet99 Cent StoreAce Copy & GrapixAir Voice WirelessAthletic Club FlowersBank of AmericaBBCN BankBest Picture & Frame CompanyBrigade LA*Candiani DenimChateau Shatto GalleryCHMC Gift Shop City of Angels Fire ProtectionCity TargetClub PilatesCR&A CustomDiscos El PapiDowntown Car WashDowntown Dance & MovementDrip Doctors
DTLA PrinterFedEx Office Print & Ship CenterFlexogenixGlobe Auto Body ShopGrand Specialty PharmacyGRID Alternatives Greater LAHardcore Brand Training CenterHill Street Groceries MarketHoly GrailHonda of Downtown LAHope Beauty CenterHStudio DowntownHypeJust Ride L.A.Kinema FitnessKoi Interiors Loftway Real EstateMaher* MP Shoe Repair & ShineNike VaultOficina Chahin
Premier Real EstateChase Bank ATM PYO GalleryRalphs GroceryRighTime Air Conditioning & HeatingSalon ElevenSP Doggie DaycareSpecial Ops WatchesSpeedplaySpunk Hair DesignT-MobileTEAM LA StoreToyota of Downtown L.A.U.S. Army RecruitmentU.S. BankUniversal Truck Driving SchoolUrban MedVirtual VenturesThe WellWells FargoWhole Foods
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SHOPS & SERVICES
HOTELS
COMMUNITY RESOURCES
PUBLIC ART UTILITY BOX ART
Entertainment
Hotel FigueroaJW MarriottLuxe City Center HotelMarriott Courtyard/Residence InnRitz-Carlton
FoxtailBambooPollen on PetalBasketballCorrosionAntFuzzy LeafMural - FeatherBar SaltCaterpillarPigeonPollen on Petal
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by Christina Angelinaby Faith47by DourOneby DevNGoshaby CASEby CRYPTIKby TimbuctustateConstruction Fence Art
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*opening this quarter
SITE
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Retail & Restaurant Space for Lease G12 • 1200 S. GRAND AVE., LOS ANGELES, CA 90015 • SEC OF 12TH STREET & GRAND AVE.
Kennedy Wilson • 151 S. El Camino Drive, Beverly Hills, CA 90212 • 310-887-6400 • kennedywilson.com/brokerageKennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00746768) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.
LEE SHAPIRO Executive Vice President310-887-6226•[email protected] CalBRE #00961769
JUSTIN WEISS Vice President213-538-8631•[email protected] CalBRE #01920886
DTLA BY THE NUMBERS
1999
2016
RESIDENTIALUNITS
POPULATIONGROWTH
PROPERTYVALUE
$98,000 AVERAGE MEDIAN HOUSEHOLD INCOME OF RESIDENTS
8,177 CURRENT INVENTORY
2,756 UNDER CONSTRUCTION
4,515 PIPELINE
37,840 CURRENT INVENTORY
11,467 UNDER CONSTRUCTION
26,907 PIPELINE
66% OF RESIDENTS ARE BETWEEN AGES OF 2344
79% OF RESIDENTS HAVE EARNED COLLEGE DEGREE OR HIGHER
500,000+ WEEKLY POPULATION
19 MILLION ANNUAL VISITORS
AVERAGE CONDOPRICE PER SQ. FT.
A VIBRANT COMMUNITY
CONTINUED GROWTHHOTEL ROOMS RESIDENTIAL UNITS
SOURCE: DOWNTOWN CENTER BID ANNUAL REPORT 2016
OPEN FOR BUSINESS
NEW RESTAURANTS, BARS, RETAIL, NIGHTLIFE,
AND AMENITIES 20082015
800+
18,700
65,043
1999
2016
4.8
14.6
1999
2016
11,626
37,840
1999
2016
$169
$653