Promenade Plaza Office/Retail/Medical Space Across from Walt Disney Concert Hall!

  • Price/Mo
  • $7,848
  • Price/Sf
  • $2.5
  • Status
  • Lease
  • Address
  • 716 W 1st St
  • Square Footage
  • 3139


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 716 is a CORNER SPACE and has immediate visibility from the elevator from the parking garage. As a corner space it gets natural light from two sides, and the unit has TONS OF WINDOWED FRONTAGE that could be used as advertising space. It features it’s on spot for signage and tons of outdoor seating available in the plaza. This space was previously occupied by a CREDIT UNION so it’s basically built out like a BANK SPACE. The photos show the space as it is presently. Another bank would be an excellent fit, but ANY PERMITTED USE IS POSSIBLE! Per negotiation, landlord can deliver the space as an empty blank shell for a tenant wishing to use the space for a different use, such as medical office, dental office, and more. For well tenants who are well established and have excellent finances, landlord can, per negotiation, contribute to tenant improvements, aside from a basic demo. It’s also possible to subdivide the space into two units roughly 1100sf and 2000sf each. The space currently has central HVAC, 2 private bathrooms, a server room, a lunch room, a teller station area, and a huge open area with divisions for desks. 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. It is also possible for retail tenants to 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 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

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