8,000 SF OF CREATIVE SPACE

Transcription

1 8,000 SF OF CREATIVE SPACE No warranty, express or implied, is made as to the accuracy of the information contained herein. this information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. cooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the

2 Property Features To be converted to creative space with new lobby, entryway, windows, high ceilings Abundant natural light Open air patio on the top floor for indoor/outdoor workplace Private secure garage for 14 cars Within walking distance of many restaurants, coffee shops and other amenities Easy access to the 10 Freeway Culver City adjacent Asking Price: $8,000,000 Lease Rate: $3.75/sq. ft. NNN Tenant Improvements Negotiable Lease Terms 5 to 10 Years Parking 14 spaces, more possible with attendant Availability SUITE 200 5,000 SF Open Space, Built to Suit SUITE 300 3,000 SF Open Space, Large Patio, Built to Suit

3 Culver City s Leading Economic Sector Snapshot: Photograph: Courtesy Culver Hotel Culver City, CA has a population of 39,469 people with a median age of 40.5 and a median household income of $81,189. Between 2014 and 2015 the population of Culver City, CA grew from 39,353 to 39,469, a 0.29% increase and its median household income grew from $79,292 to $81,189, a 2.39% increase. The population of Culver City, CA is 48.1% White, The median property value in Culver City, CA is $632,000, and the homeownership rate is 55.1%. Most people in Culver City, CA commute by Drove Alone, and the average commute time is 23.9 minutes. The average car ownership in Culver City, CA is 2 cars per household. Tech & Creative Companies: 23.1% Hispanic, and 14.8% Asian. 35.9% of the people Apple SteelHouse in Culver City, CA speak a non-english language, and Beats Music Zoic Studios 91.3% are U.S. citizens. Sony Pictures Entertainment XAP The largest universities in Culver City, CA are Antioch University-Los Angeles, with 328 graduates, Yo San University of Traditional Chinese Medicine, with 42 graduates, and N/A, with N/A graduates. Amazon Studios Maker Studios Uproxx Omaze Source: datausa.io/profile/geo/culver-city-ca/ CITY OF CULVER CITY ECONOMIC STATS 2017 The City of Culver City has a robust and diversified local economy. 39,469 TOTAL POPULATION 48,271 EMPLOYEES 3,806 TOTAL BUSINESSES $125,977 AVERAGE HOUSEHOLD INCOME 53% EST. BACHELORS DEGREE ONLY

4 LA Center for Enriched Studies e nic d Blv d Ve Blv Blvd rston Robe Hamilton High School n gto hin s Wa La C iene g a Blv d 1 Mile National B Adams Blvd lvd Echo Horizon School BURGER Jefferson Blvd TARGET Rodeo Rd

5 1st Floor Parking

6 2nd Floor Concept Design Current Floor Plan

7 3rd Floor Concept Design Current Floor Plan