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DTLA Multi-Use Commercial Facility 1138 S Broadway
4,865 SF of Light Industrial Space Available in Los Angeles, CA 90015
Highlights
- Proximity to Crypto.com, LA Live, Apple flagship store, Herald Examiner, and the two hotels in the proximity, Downtown LA Proper Hotel and Style Hotel
- Includes gated parking at rear for ±5 vehicles Note: additional parking available.
- Easy access to multiple freeways.
- 20’ ceiling height (at front of building).
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 4,865 SF | 3-5 Years | £14.69 /SF/PA £1.22 /SF/MO £158.17 /m²/PA £13.18 /m²/MO £71,487 /PA £5,957 /MO | Modified Gross |
1st Floor
Downtown Los Angeles Multi use lease opportunity. Ideal for retail, wholesale, restaurant, professional or creative office, event space, etc.
- Listed rate may not include certain utilities, building services and property expenses
- Kitchen
- Clear span freestanding building
- Heavy Traffic with Great Exposure & Signage
- Mezzanine has 3 offices and kitchen/break room
- Contains 1, 10x12 ground level loading door
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1138 S Broadway , Los Angeles, CA 90015
| Property Type | Retail | Year Built/Renovated | 1935/2022 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.03/1,000 SF |
| Gross Internal Area | 4,865 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 4,865 SF |
| Year Built/Renovated | 1935/2022 |
| Parking Ratio | 1.03/1,000 SF |
About the Property
Multi-use DTLA lease opportunity. Clear span freestanding building. Ideal for retail, wholesale, restaurant, creative or professional offices, etc. 20' ceiling height at front of building. Includes gated parking at rear for 5± vehicles. Heavy traffic location with great exposure and signage. Mezzanine has 3 offices and kitchen/break room. Ground level loading door. Located midway between 11th and 12th Streets. Directly across from historic Herald Examiner building. 6 blocks east of Crypto.com Arena and LA LIVE. Easy access to all Downtown freeways.
Nearby Major Retailers
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Stephan Ktorza -
Kidder Mathews
Presented by
DTLA Multi-Use Commercial Facility | 1138 S Broadway
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