BROADWAY BASEMENT STORAGE SPACE w/ Alley Access

  • Price/Mo
  • $1,750
  • Price/Sf
  • $0.5
  • Status
  • Lease
  • Address
  • 525 S Broadway Basement
  • Square Footage
  • 3500

Description

BROADWAY! The most up and coming street in DTLA! 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 and young professionals. This building is also across the street from the ROXIE, CAMEO, & ARCADE THEATERS! These are just three of the many historic theaters on Broadway! Broadway was the original Hollywood and stars like Charlie Chaplin strolled down these sidewalks. The Spring Arcade FOOD HALL is also located across the street. Incredible amounts of resources are being invested into this area from the Bringing Back Broadway organization. Only signage allowed on Broadway is now NEON! This is a GREAT LOCATION in terms of proximity to all cool things DTLA, it just needs a cool brand to come in and define it. Building backs up to the Pershing Square Metro Station! This basement space only has one staircase access point and no elevator, therefore it’s not ADA compliant and can technically only be used for storage. The access point is from the back of the building in Lindley Pl, the alley. In the common area there’s three doors. One leads to an office space that’s currently being leased upstairs, the other is to the ground floor retail space (also for lease at the moment $5000 monthly NNN for 3500sf), and then the other door is the basement. The staircase leads to the basement. At the bottom of the staircase, there’s a metal gate that can be locked. The space has cement flooring, white walls and ceilings, and is one huge rectangle. The ceilings are about 9 feet high. There’s currently a bunch of boxes in it that can be removed if someone leases it. In the front area of the basement there is this big creepy room without lighting and in there is a bathroom. We do not know if it works. There is no HVAC. Per negotiation, the landlord can improve the space to meet your needs. Get it before it’s gone! Ask us the advantages of signing a long 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. 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 above, thank you!

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Disclosures

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

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