FOR LEASE RETAIL SPACE

Transcription

1 835 WILSHIRE BOULEVARD LOS ANGELES, CA FOR LEASE RETAIL SPACE FUTURE REMODEL RENDERING *Not Final Design* CHARLES DUNN COMPANY 800 West Sixth Street, Suite 800 Lic. # charlesdunn.com CHRIS GIORDANO Director Lic. # Direct cgiordano@charlesdunn.com JOHN ANTHONY, SIOR Senior Managing Director Lic. # Direct janthony@charlesdunn.com CONTACT: CHRIS STECK Managing Director Lic. # Direct csteck@charlesdunn.com

2 DETAILS Downtown Los Angeles is in the midst of a cultural and architectural resurgence that s turning the area into a walkable, Metro-friendly destination. is in the heart of the Financial District and is easily accessible by both those that drive and those that rely on public transportation. This six-story general purpose office building is located on the corner of Wilshire Boulevard. AVAILABLE Ground Floor: 5,900 SF Second Floor: 6,400 SF PROPERTY FACTS Rate: Negotiable Parking: 1:1000 at $220.00/car/month Adjacent Parking: $176.00/car/month PROPERTY HIGHLIGHTS Full floor opportunity 24-hour security for the building and parking garage Excellent proximity to retail, residential projects, restaurants, rail transit and civic centers Picturesque views of the DTLA skyline Ideal corner location Opposite corner from the new Wilshire Grand Center development site

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4 STREET VIEW Tenant

5 NOTABLE DEVELOPMENTS Korean Air s Wilshire Grand Center: Towering 73 stories high, The Grand Center opens in 2017 and will boast luxury hotel rooms, cutting-edge restaurants, businesses and attractive nightlife offerings. It will be the tallest structure west of the Mississippi, adding to the rich cultural and economic revival of Downtown. Floor-to-ceiling glass windows from hotel rooms and office space will be filled with natural light. This highly-anticipated project will infuse $1 billion into the Los Angeles economy, create critically needed jobs and sustain the city s booming travel and tourism industry into the future. Brookfield Office Properties FIGAT7TH: Transforming the retail and dining scene in Downtown, FIGAT7TH offering a unique, oasis-like shopping and dining environment with massive appeal for all tastes, from the urban sophisticates who make their homes here, to the hundreds of thousands of professionals. FIGAT7TH s terraces, gardens and casual café-style dining complete the FIG vision. Retailers include Target, Sport Chalet, L Occitane, a flagship H&M and Zara, Sprinkles, Victoria s Secret, Mendocino Farms, Bath & Body Works, MAC, Sunglass Hut, City Tavern, George s Greek Grill and many other restaurants. Ace Hotel: The 180-room boutique establishment is a new anchor for the southern end of Broadway, and dovetails the recently opened Urban Outfitters and Acne Studios, and provide customers for area restaurants Les Nocesdu Figaro and Umami Burger. One Santa Fe: This mega-development is a 438-unit project with nearly 80,000 square feet of retail and commercial space, a 47,0000 square feet plaza and more than 800 underground parking stalls. The Bloc: A $160 million renovation of Macy s Plaza will transform this brick fortress into a plaza with 400,000 square feet of retail and commercial space, 750,000 square feet of office space and a $40 million renovation of the Sheraton Hotel. Jia Apartments: This massive mixed-use, six-story project offers 280 residences, along with 18,000 square feet of retail, wide sidewalks, a pedestrian plaza and new southern entrance to Chinatown. Eighth and Grand and Whole Foods: 700-apartment complex with a Whole Foods. Mack Urban Project: 1,500 residential units in buildings connected by green space and pedestrian plazas. Avant Apartments: Two buildings of 440 residential units above 11,000 square feet of combined retail space. G12: $245 million mixed-use building will have 640 residential units along with 40,000 square feet of retail space, a screening room and two pools. Plans also call for 740 bike parking spaces, yet only 595 slots for cars. Eighth and Hope: 22-story tower of 290-units, six-floor garage and 5,000 square feet of retail space. Lotus Garden: $24 million development of 60 units, with a $289,000 automated parking structure that lifts cars vertically and moves them horizontally, creating a space-saving, stacking effect. The Broad: $140 million art museum directly south of Disney Hall, which has free admission and 50,000 square feet of exhibition space. It draws thousands of local, national and international visitors to Grand Avenue.

6 DEMOGRAPHICS & DEVELOPMENTS DEMOGRAPHICS Downtown Los Angeles has over 52,000 permanent residents, 500,000 daytime employees and approximately 10 million visitors per year. With a median household income of over $98,000 per year and a median age of 34 (of which 80% are college educated), Downtown is quickly becoming Los Angeles hub for business, culture, entertainment and nightlife. There are more than 30,000 residential units existing in LA, with 10,000 under construction or in development. This market has become an extremely attractive place to live, work, play and shop, but is still underserved considering the high income levels, density and concentration of young people Wilshire Grand Center 7 Mack Urban Project FIGAT7TH 8 Avant Apartments 3 Ace Hotel 9 G12 4 The Bloc 10 Eighth and Hope Jia Apartments 6 Eighth and Grand and Whole Foods 11 Lotus Garden 12 The Broad

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8 RENDERINGS CONCEPT SKETCHES RESTAURANT OR APPAREL STORE RENDERING *Not Final Design* ENTRANCE DETAIL

9 FLOOR PLAN WILSHIRE BOULEVARD CONSTRUCTION AREA LOCKED DOORS COMMON LOBBY FIGUEROA STREET Charles Dunn Company, Inc. These materials are based on information and content provided by others which we believe are accurate. No guarantee, warranty or representation is made by the Charles Dunn Company or its personnel, and all interested parties must independently verify its accuracy and completeness. As well, any projections, assumptions, opinion, or estimates are used for example only and do not represent the current or future performance of the identified property. Your tax, financial, legal and toxic substance advisors should conduct a careful investigation of the property and its suitability for your needs, including land use limitations. BRE Lic. #