FOR LEASE > RETAIL SPACE 946 W 8TH ST. o n e! c s a i j l Ad ropo e M
FOR LEASE > RETAIL SPACE 946 W 8TH ST. PROPERTY DESCRIPTION SIZE ± 11,358 SF 100 f fronage W 8TH STREET Paio/Oudoor Seaing PREMISES Corner of 8h & Francisco S PARKING 2:1,000 RATE Negoiable TERM 10 Years OCCUPANCY Immediae > Ground-floor reail space > Prime locaion wihin he Financial Disric > In close proximiy o residenial aparmen communiies and corporae offices FRANCISCO STREET 80 f fronage 6,000 SF Relian Immediae Care Medical S FIGUEROA STREET > One block from FIGa7h 5,358 SF > Adjacen o Meropolis developmen: 1,250 residenial unis & 350 hoel rooms > Ample onsie parking > Ideal uses include reail, resauran, lounge or bar, and gourme marke N 8TH PLACE
FOR LEASE > RETAIL SPACE 946 W 8TH ST. RETAIL SF igu ero as re e 8h Sr ee SUBJECT PROPERTY Fra nc isc os Residenial Tower 2 e 9 h 110 e re INTERSTATE S re Residenial Tower 3 Hoel Tower Residenial Tower 1
FOR LEASE > RETAIL SPACE 946 W 8TH ST. Subjec Propery Source: Carifac 2012 Meropolis Hoel/Mixed Use, 3 Towers
FOR LEASE > RETAIL SPACE 946 W 8TH ST. 7TH STREET FIGUEROA AT WILSHIRE 601 S FIGUEROA ST 1,151,488 SF 91.4% Occupancy FIGUEROA STREET FLOWER STREET ERNST & YOUNG 725 S FIGUEROA ST PLAZA 915,316 SF 93.7% Occupancy 660 S FIGUEROA ST 283,000SF 44.3% Occupancy FINE ARTS BUILDING 811 W 7TH ST 120,000SF 96.0% Occupancy 9TH STREET OLYMPIC BOULEVARD FRANCISCO STREET 8TH STREET TCW BUILDING 865 S FIGUEROA ST 686,072 SF 99.4% Occupancy FIGUEROA STREET 845 S FIGUEROA ST 139,723 SF 100.0% Occupancy 777 TOWER 777 S FIGUEROA ST 1,024,834 SF 84.6% Occupancy 801 TOWER 801 S FIGUEROA ST 458,570 SF 88.5% Occupancy 888 FIGUEROA 888 S FIGUEROA ST 374,106 SF 95.0% Occupancy FIGUEROA TOWER 800 S FIGUEROA ST 126,700 SF 80.1% Occupancy 816 S FIGUEROA ST 35,452 SF 92.3% Occupancy FLOWER STREET 9TH STREET THE BLOC 700 S FLOWER ST 737,709SF 86.2% Occupancy HOPE STREET WILSHIRE BOULEVARD GRAND AVENUE 8TH STREET 6TH STREET 7TH STREET
FOR LEASE > RETAIL SPACE 946 W 8TH ST. Downown LA has flourished wih new residenial, reail, and office projecs, offering aracive opporuniies o capialize during his developmen boom. As of January 2015, he number of new developmen projecs oaled niney-four. A new generaion of advenurous chefs, barenders, lof dwellers, ariss, and developers are reviving Downown as a dynamic and rendy neighborhood. Major corporaions work here, leading reailers have opened here, and hip resauraeurs are esablishing new locaions here. The propery is locaed in one of Downown LA s mos dynamic areas. Siuaed in he Financial Disric, 8h & Francisco is immediaely adjacen o he busling FIGa7h shopping cener and near hospos including LA Live, Saples Cener, and Nokia Theaer. The sie is also wihin close proximiy o Boega Louie and Yard House, resaurans ha achieve over $10 million in annual sales. These facors sraegically posiion 8h & Francisco o arac business from residens, employees, shoppers, and even goers alike. DOWNTOWN DEMOGRAPHIC OVERVIEW: SMART PEOPLE WITH RESOURCES In 2004, 23,894 people resided in DTLA. Five years ago, i was 39,537. Today, i is 52,400. The populaion has more han doubled in he las 10 years. The average age of DTLA residens is 34. 8h & Francisco boass coveed sreecorner fronage, which provides excellen visibiliy in a high-densiy foo raffic area and vibran pedesrian shopping corridor. Furher, he sie has an oudoor seaing area as well as ample onsie parking o accommodae driving parons. Is desirable locaion wihin a pedesrianoriened area increases he poenial for aracive reail sales profiabiliy. 80% have compleed four year degrees or higher. The daily working populaion is 500,000+ employees. Wih median incomes over $98,700, hey are affluen Millennials. There is pen up demand for qualiy housing where absorpion exceeds supply and he oulook for ren growh is posiive. Source: DCIBD 2013 Demographic Sudy