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DTLA: 2 MONTHS FREE! Retail, Creative Office, or Bar/Restaurant Space (523 S Broadway $1.25psf/7,600sf)

Description

2 MONTHS FREE! Broadway! The most up and coming street in DTLA! Area on it’s way to gentrifying but it’s not there yet, which is why it’s listed at such a low ppsf! Area has a tremendous amount of character and creativity to it. You want your thoughts provoked on a block, this will do it! Location is very popular by millennials, God help their souls, and young professionals. A bar, Mezcalero, literally across street just opened and is already successful!! This building is also across the street from the Roxie/Cameo/Arcade Theaters! One of the many historic theaters on Broadway. Broadway was the original Hollywood and stars like Charlie Chaplin strolled down these sidewalks. Incredible amounts of resources are being invested into this area including Jose Huizar’s Bringing Back Broadway organization. Neon sites will light up down Broadway again and this will be the best street in DT! Awesome space with soaring ceilings. Space can be used for any kind of permitted RETAIL SPACE or OFFICE SPACE. Also, the space use to have a CUP for a liquor license. Now, if you want to do a bar/restaurant you’d need to bring your own liquor license. Most restaurants, not including liquor license, cost $200k in build out and start up costs, but can be very profitable if you know what you’re doing! Other great uses might be an insurance agency, beauty salon, spa, clothing store, art gallery, and more! Get it before it’s gone! Ask us the advantages of signing a five-year lease! On all our listings MINIMAL ONE YEAR LEASES ARE ACCEPTED ONLY, and owner may require a longer than one-year lease for this listing. 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 web-site and submit your information on the Quick Contact Form or call/text now! And don’t forget to follow us on social media at the links below, 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

Essential Information

Price
$9,500 Monthly
Type
Modified Gross
Status
Rent
Address
523 S Broadway
Square Feet
7,600sf
Donegan McCuaig, CEO/Broker

Donegan McCuaig, CEO/Broker

Agent Of Property

(213) 304-4727

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453 S. Spring St Suite 818

Los Angeles, CA 90013

United States

Opening Hours

Monday - Friday : 9 am - 6 pm
By Appointment Only



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Lic. #01753250 || Copyright © 2017 QUIXOTIC REALTY INC. || Disclosures || Property Management || Links