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400 S Western Ave
1,824 SF of Retail Space Available in Los Angeles, CA 90020
Highlights
- Ample Parking
- Thriving Retail Hub
- Excellent Visibilty
- Curb Appeal
- Heavy Foot Traffic
- Prime Location
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 400-101 | 1,824 SF | 10’ - 12’ | 3-10 Years | $66.66 CAD/SF/YR $5.56 CAD/SF/MO $717.56 CAD/m²/YR $59.80 CAD/m²/MO $10,133 CAD/MO $121,594 CAD/YR | Triple Net (NNN) |
1st Floor, Ste 400-101
Seize the chance to acquire one of the hottest retail locations in Korea Town. Nestled on the bustling corner of Western Avenue and 4th Street in Los Angeles, this END CAP unit boasts unparalleled visibility and exposure. Perfectly situated on a major corridor, this versatile space is ideal for a variety of businesses, including restaurants, optometry clinics, coffee shops, mobile stores, medical clinics, bakeries, boutique shops, franchises, meat markets, ramen houses, fast food takeout, beauty shops, and more. Don’t miss this incredible opportunity to establish your business in one of LA’s most popular neighborhoods!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- High Ceilings
- Drop Ceilings
- Secure Storage
- Finished Ceilings: 10’ - 12’
- Hardwood Floors
- Display Window
- Professional Lease
- Smoke Detector
- Excellent Visibility
- Hard Corner Location
- Densely Populated Area
- Ample Parking
- Valet
- Display Windows
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 400 S Western Ave , Los Angeles, CA 90020
| Property Type | Retail | Year Built/Renovated | 1930/2012 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.61/1,000 SF |
| Gross Leasable Area | 16,337 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 16,337 SF |
| Year Built/Renovated | 1930/2012 |
| Parking Ratio | 3.61/1,000 SF |
About the Property
Discover a prime property at the vibrant intersection of Western Avenue and 4th Street in the heart of Koreatown, Los Angeles. Ideally situated between the 101 and 10 Freeways, this property is nestled within a bustling plaza, offering high visibility and easy access in one of the city's most popular neighborhoods. This upscale shopping center is home to an array of popular restaurants, trendy dessert shops, and stylish beauty salons, creating a lively and sophisticated atmosphere that attracts visitors seeking a premium shopping and dining experience.
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
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Ted Kim -
Nexus Investments
Presented by
400 S Western Ave
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