DTLA retail/office/medical space for lease in the busy and well-known PROMENADE PLAZA! This property is located on the CORNER OF 1ST/HOPE ST right across the street from the DWP Building, Disney Hall, Music Center, and a block away from the mega Frank Gehry development that will soon be completed! This property is also a short walk to the soon to be completed new subway station! The property is a residential condo building upstairs known as the Promenade Towers and the retail below where the space is available is known again as the Promenade Plaza. Share the plaza with a great tenant mix including a Subway, a yoga studio, a cafe, an acupuncture & herbal medicine office, a nail salon, a physical therapist and two restaurants!
Unit 701B is an in-line space with WINDOWED FRONTAGE that could be used as advertising space. Square footage quoted is an estimated and needs to be confirmed. Great natural light! It features it’s on spot for signage and tons of outdoor seating available in the plaza. This space is currently occupied by the yoga studio, who is downsizing. So once it’s subdivided, Landlord can deliver it as a clean blank open space. Photos show where the wall would be added to subdivide this space from the yoga studio. Also, the back wall with the mirror, would partially be removed to give the space access to the back bathroom, shown in the photos. ANY PERMITTED USE IS POSSIBLE! A mini mart would be a good use! Per negotiation, landlord can demo the interior of the space. For well tenants who are well established and have excellent finances, landlord can, per negotiation, contribute to tenant improvements, aside from a basic demo.
Retail tenants have 24/7 access to the space and plaza. There’s a parking garage for the building as well where people can park for a daily fee of $10 of $200 monthly. Retail tenants can validate their customers’ parking as well! SHOWINGS BY APPOINTMENT ONLY. We are a real estate brokerage, if this space doesn’t meet your needs we may have or know about something else that does! Please go to our website and submit your information on the Quick Contact Form or call/text 213-304-4727 now! And don’t forget to follow us on social media at the links above, thank you!
DISCLOSURES: The information contained herein is deemed reliable but was obtained from third parties and has not been independently verified by Quixotic Realty Inc and is therefore not guaranteed. Brokers/agents are not qualified to act, consult, make conclusions, and/or provide advice with respect to legal, tax, environmental, licensing, permitting, architectural, building code and construction, soils-drainage, and/or any other such matters, so for these things you should refer to the appropriate expert of your choice for confirmation. Pictures shown might not be of the actual particular available space, but of a similar one in the same building. If there is a common area shared by the unit listed, the unit square feet listed on marketing materials are the gross (rentable) square feet which includes a 20% load factor (common area factor) added to the net (usable) square feet. For multiple reasons, the square feet are approximate and are not guaranteed, leases assume you measure the square feet of the space before leasing and approve of the calculation. Rent rate and terms on all of Quixotic Realty Inc’s and affiliates advertisements and correspondences are subject to change so the final rent rate and terms are not valid or binding until a written lease has been signed by lessor and lessee. Please see our web-site for full disclosures. Lic#01753250
453 S. Spring St Suite 818
Los Angeles, CA 90013
Monday - Friday : 9 am - 5 pm By Appointment Only