INDUSTRY PARTNERS T 310 395 5151 info@industrypartners.com CA BRE NO. 01900833 BRADLEY AVERY ba@industrypartners.com CA BRE No. 01966525 DANIEL PICKART dp@industrypartners.com CA BRE No. 01914551 FOR SUBLEASE 553-555 ROSE AVE LOS ANGELES, CA 90291 IN THE MIDDLE OF VENICE S ROSE AVE ±1,396 TO ±3,990 SF AVAILABLE ±5,835 SF TOTAL COMBINABLE 553-555 ROSE AVE VENICE FOR SUBLEASE
FOR SUBLEASE Suite 9 Suite 11 Total Combinable Rate ±3,990 SF ±1,396 SF ±5,386 SF $5.50 / SF per Month / MG Term Through Aug 31, 2020 Parking Street Parking Features + + Suites feature high, exposed ceilings, hardwood floors* + + In-suite restrooms* + + Direct access to the sidewalk + + Surrounded by creative tenants + + Located in Venice s very walkable and amenity rich Rose Avenue + + Close to retail and dining on Abbot Kinney Blvd, Rose Ave/Lincoln Blvd and Santa Monica s Main Street *Not all units have the same amenities 2
PROPERTY OVERVIEW S UNBEATABLE LOCATION The Rose Lofts at 553-555 Rose Avenue are live/work lofts that have been fully renovated to offer creative companies high style and modern amenities, including exposed ceilings, hardwood floors, private restrooms with shower. With an unbeatable location in the heart of the emerging Rose Avenue district, at the corner of Rose Avenue and 6th Street in Venice, the Rose Lofts are surrounded by top creative tenants and high-quality amenities. Easy access to Abbot Kinney Blvd, Rose Ave/Lincoln Blvd and Santa Monica s Main Street. 3
FLOOR PLAN UNIT 10 UNIT 9 UNIT 6 UNIT 7 UNIT 8 UNIT 3 UNIT 4 UNIT 5 UNIT 11 UNIT 1 UNIT 2 ROSE AVE 4
SUITE 9 PHOTOS Photos for information purposes only. Actual space and furnishings may vary. 5
SUITE 9 PHOTOS Photos for information purposes only. Actual space and furnishings may vary. 6
SUITE 11 PHOTOS Photos for information purposes only. Actual space and furnishings may vary. 7
SUITE 11 PHOTOS Photos for information purposes only. Actual space and furnishings may vary. 8
NEIGHBORHOOD HIGHLIGHTS AND DEMOGRAPHICS + + Walkable and bikeable neighborhood with a diverse, high-quality amenity base + + Vibrant community of young creative professionals + + Urban art and galleries within walking distance + + One of the most active retail economic hotspots in the L.A. region. Housing Units 21,174 2016 Daytime Population 29,263 51% workers/visitors 49% residents Median Home Value $1 Million+ 2016 Educational Attainment 70.5% with college or higher degree Food Away From Home $94 Million 2016 yearly consumer spending Entertainment & Recreation $83 Million 2016 yearly consumer spending Average Household Income $121,336 40% earn more than $100k Apparel & Services $63 Million 2016 yearly consumer spending Source: ESRI, 2017 9
LIVE/WORK UNITS SEGMENTATION WITHIN 1/2 MILE Laptops & Lattes Laptops and Lattes residents are predominantly single, well-educated professionals in business, finance, legal, computer, and entertainment occupations. They are affluent and partial to city living and its amenities. Many residents walk, bike, or use public transportation to get to work; a number work from home. Trendsetters These educated young singles aren t ready to settle down; they do not own homes or vehicles and choose to spend their disposable income on upscale city living and entertainment. Dressed head to toe in the most current fashions, their weeknights and weekends are fi lled discovering local art and culture, dining out, or exploring new hobbies. Top Tier The residents of the wealthiest Tapestry market, Top Tier, earn more than three times the US household income. They have the purchasing power to indulge any choice, but what do their hearts desire? Aside from the obvious expense for the upkeep of their lavish homes, consumers select upscale salons, spas, and fitness centers for their personal well-being and shop at high-end retailers for their personal effects. Urban Chic Urban Chic residents are professionals that live a sophisticated, exclusive lifestyle. Half of all households are occupied by married-couple families and about 30% are singles. These are busy, well-connected, and well-educated consumers avid readers and moviegoers, environmentally active, and fi nancially stable. Metro Renters Residents in this highly mobile and educated market live alone or with a roommate in older apartment buildings and condos located in the urban core of the city. Metro Renters residents income is close to the US average, but they spend a large portion of their wages on rent, clothes, and the latest technology. 10
SELECTED LOCAL AMENITIES AND TENANTS No warranty or representation is made to the accuracy of the foregoing information. Terms of sale or lease are subject to change or withdrawal without notice. 2018 INDUSTRY PARTNERS, INC. Pressed Juicery Brick + Mortar Edgemar Novel Cafe Manchego Amelia s Lincoln Blvd. Cock n Bull 555 Rose Ave WALK SCORE 87 VERY WALKABLE Cafe Gratitude The Shores Starbucks Chinois on Main Whole Foods Sunny Blue Areal Wallflower Wurstkuche Sea Colony I Condos Espresso Cielo 31Ten Lounge Bulletproof Coffee Sea Colony II Condos Cerveteca Moon Juice Cafe Gratitude Cerveteca Chaya Autodesk Cloudesign Doubleday & Cartwright Komodo Kippy s! VHF Creative Agency Google BEAST Active Theory Gjusta TOMS Marketing Factory Mechaniks Blue Bottle Coffee Intelligentsia rag & bone FEED Body & Soul Aviator Nation Huset Salt & Straw Lucky Brand TOMS Gjelina Shima The Brig Gjusta 11