DTLA Figueroa St Retail for Lease Next to Metro Subway Entrance!

  • Price/Mo
  • $27,960
  • Price/Sf
  • $6
  • Status
  • Lease
  • Address
  • 660 S Figueroa St
  • Square Footage
  • 4660
  • Lease Type
  • Modified Gross

Description

Amazing opportunity to be in one of the most COVETED RETAIL LOCATIONS IN THE WHOLE WORLD! It is the #1 walking street in city of Los Angeles on Figueroa between 7th St and 8th St, according to LADOT survey in 2019. The Metro Station is literally beneath this building with it’s access entrance from the corner of this building and it is the busiest station in the Metro Rail network; serving more than 200,000 daily passengers on the Red, Purple, and Blue Expo Lines. So YES, there is TREMENDOUS FOOT & DRIVE-BY TRAFFIC! Fig & 7th Retail Center with Target and everything else is less than a block away! Last but not least, you’d be sharing the lobby with Chick-fil-A! The building is also ACROSS THE ST FROM WILSHIRE GRAND BLDG, the tallest building west of Chicago!

This is a TRULY UNIQUE SPACE, not just because of the location, or because it’s a Class-A building, but this unit shares windowed frontage with the main lobby of the office spaces upstairs, as well as windowed frontage on Figueroa Street. This space can be used for creative work, retail, or restaurant space; provided permits are acquired. The space is 3608 USABLE SQ FT (so no common area included). Right now, as you can see the space has been demo’d. It use to be a BANK SPACE and Panera Bread was about to lease it but the deal fell through sometime back. This space has SOARING CEILINGS and access from the ground floor building lobby as well as from the back of the space. The back of the space accesses the freight elevator. There is on-site parking at the building, not included, with accessibility through the alley on Wilshire Blvd. The space has ORNATE GOLD/BRASS FRAMING and has WINDOWED FRONTAGE on Figueroa. Additionally, it has a wall of windows shared with the ground floor lobby with an arch that people can easily see walking in to the lobby to go to the elevators to get to the upstairs offices. The arch is literally across from the main elevators. No TI or free rent is included in the rent rate quoted, but such can be negotiated with a higher rent rate. Quoted rent rate is good for the first year, subsequent year rates negotiable. Landlord is motivated to get a GREAT TENANT IN HERE to add value as an amenity to the building and activate the empty space. Get it before it’s gone! Ask us the advantages of signing a 5-10 year lease! On all our listings MINIMAL ONE YEAR LEASE 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 DTLAREALESTATE.COM 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!

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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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