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Martin Luther King Jr. Shopping Center 1601-1673 103rd St
1,892 - 3,892 SF of Retail Space Available in Los Angeles, CA 90002
Highlights
- Stable and well-established shopping center with a history of strong retail sales
- Benefit from the consistent foot traffic generated by anchor tenants such as Food 4 Less, CVS, and Rainbow Clothing
- The ±1,892 square foot unit offers flexibility for layout and design
- Located within a high-traffic shopping center in the heart of Los Angeles, excellent accessibility from the 105 and 110 Freeways
- Tap into the thriving local community, with an extremely dense residential population (Approximately 500,000 residents within a 3-mile radius)
- Conveniently located near public transportation options including 103rd St/Watts Metro A Line Station with an average daily rider count of ±70,000
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,892 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1601-1654 103rd St - 1st Floor
1,892 square feet of retail space for lease in the Martin Luther King Jr. Shopping Center.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air Conditioning
- ±1,892 square foot unit offers flexible layout.
- Located in high traffic shopping center.
1601-1654 103rd St - 1st Floor
2,000 square feet of retail space for lease in the Martin Luther King Jr. Shopping Center. Former verizon store
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Near public transportation.
- Ample parking.
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1601-1673 103rd St , Los Angeles, CA 90002
Features and Amenities
- 24 Hour Access
- Banking
- Bus Line
- Commuter Rail
- Corner Lot
- Courtyard
- Dedicated Turn Lane
- Fenced Lot
- Metro/Subway
- Pylon Sign
- Restaurant
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Drive Thru
- Monument Signage
- Air Conditioning
Nearby Major Retailers
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Martin Luther King Jr. Shopping Center | 1601-1673 103rd St
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