This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
7038 W Sunset Blvd
9,424 SF of Retail Space Available in Los Angeles, CA 90028
Highlights
- One block from the Hollywood Walk of Fame, Dolby Theater, and many other world class Hollywood destinations
- Owners may consider selling property.
- This location size affords a world class hospitality group, regional or national
- Over 60,000 cars per day on Sunset Boulevard
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,424 SF | 5-10 Years | $75.98 CAD/SF/YR $6.33 CAD/SF/MO $716,028 CAD/YR $59,669 CAD/MO | Triple Net (NNN) |
1st Floor
SIZE: Approximately 9,424 rentable square feet + 2,000 square foot basement RENT: $50,000 per month, NNN (Approximately $10,400 per month) LOT: 33,000 square feet TERM: 5 - 10 years + AVAILABLE: Immediately ABC LICENSE: Type 47 w/ 2AM PARKING: Huge surface parking lot for approximately 62 cars (self-parking) or approximately 95 cars with valet
- Lease rate does not include utilities, property expenses or building services
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 7038 W Sunset Blvd , Los Angeles, CA 90028
| Property Type | Retail | Year Built/Renovated | 1940/2020 |
| Property Subtype | Restaurant | Parking Ratio | 6.58/1,000 SF |
| Gross Leasable Area | 9,424 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 9,424 SF |
| Year Built/Renovated | 1940/2020 |
| Parking Ratio | 6.58/1,000 SF |
About the Property
Property for sale. Call for information.310-663-1784 Restaurant and bar in the heart of Hollywood, located on the famed Sunset Strip near La Brea. Buyers and agents, we are selling the property. Please contact agents at 310-395-2663 or 310-663-1784 Parking available on site. Bring your questions and clients and concepts. Large parking for over 60 cars. Huge upside with upstairs banquet rooms. Potential for other concepts. Development opportunity. Call John direct at 310-663-1784
Nearby Major Retailers
Contacts
-
Arthur Peter -
Rafael Padilla
-
John Moudakis -
PAR Commercial Brokerage, Inc.
Presented by
7038 W Sunset Blvd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.