LUXURY RETAIL/RESTAURANT AVAILABLE 950 SOUTH FAIRFAX AVENUE > MIRACLE MILE, LOS ANGELES
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1 LUXURY RETAIL/RESTAURANT AVAILABLE 950 SOUTH FAIRFAX AVENUE > MIRACLE MILE, LOS ANGELES For more information, please contact: GABE KADOSH Vice President Lic gabe.kadosh@colliers.com JENNY ERICKSON Associate Lic jenny.erickson@colliers.com Colliers International 865 South Figueroa Street, Suite 3500 Los Angeles, CA main
2 PROPERTY OVERVIEW Colliers International is pleased to announce a new mixed-use project, Vinz on Fairfax, in one of Los Angeles county s most desirable neighborhoods, Miracle Mile. The Vinz retail will accompany 44 high-end residential units in the latest project by Alliance Residential, an award winning developer inspired by the renowned architecture at Museum Row. Nestled within 44 luxury residential units Dedicated retail parking Space features high ceilings and patio Tremendous glass frontage at the intersection of Fairfax Avenue and San Vicente Boulevard. PROPERTY DETAILS Size 4,00 SF retail/restaurant space (divisible) Rate Negotiable Term 5-0 years Availability Immediate Parking 22 dedicated retail spaces TI Allowance Negotiable High profile corner space
3 SF PER. P 0' - 0" ' - 4" 0' - 0" P.L. 2' - 4" SITE DETAILS RETAIL PARKING ENTRANCE VEHICULAR ACCESS RAMP DN 20% MAX. A SF oc PH ,00 square feet available now 5' - 0". CLR. Can be demised to approximately 2,000 square feet FAIRFAX AVENUE 8' - 8" RETAIL PARKING 6 L.T. BIKES 4 L.T. BIKES BIKE SHOP 3' - 6" 20 High ceilings Can be used for restaurant, retail, or fitness Patio space Large floor to ceiling glass frontage Easy on grade parking access Tenant improvement allowance available ASSUMED PROPERTY LINE GAS - Two gas services; One 3 /2500 cfh and One 2.5 /2500cfh PLUMBING - One 2 stub into the premises 66' - 4" CONTROL 23 PH MAIL 06 HVAC - Two 5 ton HVAC units with rooftop condensing units and fan/coil units in the Premises 45' - 0" P.L. LOBBY LEASING OFFICE EXI PR ' - 0" 48" RE 3" BB COMMERCIAL LOADING ELECTRIC - Two electrical services. One 400 amp services and one 200 amp services. CHASE/VENT/SCRUBBER - One 2 hr. grease shaft centrally located in the space. Tenant to install grease duct at time of TI CX4 A 6' - 2" 64 RETAIL SPACE ±4,00 SF (divisible) 64 PARKING - 22 designated Retail parking spaces available GREASE TRAP/INTERCEPTOR gallon grease interceptor, with a 4 line leading to it 09' - 2" SAN VICENTE BOULEVARD 93' - 0" 5' - 0" Tenant to verify specifications independently AA
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5 RESIDENTIAL ATTRACTIONS MIRACLE MILE AT A GLANCE Park La Brea 4,245 units Wilshire La Brea 48 units, 40,000 SF retail 5600 Wilshire 284 units, 0,500 SF retail Essex Properties at Miracle Mile 236 units Museum Terrace 22 units The Desmond at Wilshire 5 units The Preston Miracle Mile 69 units LACMA 2 Petersen Automotive Museum 3 La Brea Tar Pits 4 Berlin Wall 5 Zimmer Children s Museum 6 The Grove BARS/NIGHTLIFE Tom Bergin's 2 The Roof on Wilshire 3 Molly Malone's Irish Pub 4 Ray s and Stark Bar 6 RESTAURANTS Trejo's Tacos 2 Milk Jar Cookies 3 Spare Tire Kitchen & Tavern 4 The Counter 5 India's Tandoori Restaurant 6 Meals by Genet Messob Ethiopian Restaurant 8 Deli-cious Deli & Catering 9 République 0 Genwa Korean BBQ Rocco s Neighborhood Pizza Wilshire at Miracle Mile 63 units, 5,000 SF retail 6245 Wilshire 58 units, 5,80 SF retail 4 0 OFFICE Wilshire Courtyard East 6 stories, 540,39 SF SAG-AFTRA Plaza stories, 530,000 SF 5900 Wilshire 32 stories, 492,868 SF Wilshire Courtyard West 6 stories, 462,35 SF Cedars-Sinai 23 stories, 456,69 SF 560 Wilshire 2 stories, 445,004 SF 8383 Wilshire 0 stories, 420,54 SF New York Life Building 22 stories, 36,538 SF 6300 Wilshire 0 stories, 39,326 SF 8484 Wilshire 0 stories, 22,43 SF SURROUNDING AREA OVERVIEW
6 MIRACLE MILE OVERVIEW Miracle Mile is a lively cultural and commercial district in the heart of Los Angeles, centered around the major east-west thoroughfares of Wilshire and Olympic boulevards from Highland Avenue to Fairfax. A convenient midpoint between Downtown, Hollywood, and the Westside, the immediate area s population more than doubles during the day when employees commute to the neighborhood s rich assortment of media, entertainment and creative firms. In addition to a range of innovative companies and a growing number of retailers who serve them, the neighborhood draws a more discerning crowd with its many cultural institutions. The Miracle Mile s westernmost stretch of Wilshire, known as Museum Row, is home to four famous museums, including the Los Angeles County Museum of Art (LACMA), the Page Museum at the La Brea Tar Pits, the Petersen Automotive Museum and the Craft and Folk Art Museum. Those fortunate enough to call the Miracle Mile home tend to be relatively young, educated and affluent. The average resident in the neighborhood is married and in their late 30s, with a bachelor s degree or higher and a household income of more than $04,000.
7 MIRACLE MILE AT A GLANCE DAYTIME EMPLOYEES 39,64 20 AVERAGE HOUSEHOLD INCOME 04,264 43% AVERAGE AGE IS OF HOUSEHOLDS ARE -PERSON 55% 39 OF POPULATION HAVE A BACHELOR S OR ADVANCED DEGREE DEMOGRAPHICS (source: CoStar) -mile 3-mile 5-mile POPULATION 2022 Projection 53, ,943,02, Estimate 5,283 39,36,068, Census 4,46 360,549,006,245 Growth % 3.05% 3.9% Growth % 5.22% 6.% POPULATION BY RACE 23,84 98,2 535,844 White 60.63% 68.2% 64.62% Black 5.2% 4.06% 3.42% Asian 9.24% 3.06%.00% Other 4.86% 4.6% 4.96% HOUSEHOLDS 2022 Projection 25,85 4,94 452, Estimate 25,00 0,09 438, Census 23,558 63,095 46,32 Growth % 2.89% 3.0% Growth % 4.25% 5.38%
8 For more information, please contact: GABE KADOSH Vice President Lic gabe.kadosh@colliers.com JENNY ERICKSON Associate Lic jenny.erickson@colliers.com Colliers International 865 South Figueroa Street, Suite 3500 Los Angeles, CA main
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