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Townsend Crossing - Lifestyle Retail Center 1577-1581 Colorado Blvd
800 - 3,219 SF of Retail Space Available in Los Angeles, CA 90041
Highlights
- ± 800 SF - 3,219 SF Restaurant/Retail/Services Space Available
- High Visibility Location - Colorado Blvd Featuring Over 40,000 Vehicles Daily
- Centrally Located within the Highly Desirable & Trendy Retail Node of Northeast Los Angeles Along Colorado Blvd
- Available Space can be Combined and/or Divided for a Completely Custom Retail Footprint
- Direct Frontage on the Signalized Corner of Colorado Blvd and Townsend Ave
- Join Ice Cream Luv (Now Open), Pilates Eagle Rock, Personal Choice Vintage Clothing & Meraki Creative Studio
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 1581 | 800-3,219 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor, Ste 1581
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- ± 3,219 SF Retail/Restaurant Space
- Can be Divisible by ± 819 SF and ± 2,400 SF
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.
SITE PLAN
SELECT TENANTS AT Townsend Crossing - Lifestyle Retail Center
- Tenant
- Description
- US Locations
- Reach
- Ice Cream Luv
- Accommodation and Food Services
- -
- -
- Meraki Creative Studio
- Arts, Entertainment, and Recreation
- -
- -
- Personal Choice Vintage Clothing
- Retailer
- -
- -
- Pilates Eagle Rock
- Arts, Entertainment, and Recreation
- -
- -
| Tenant | Description | US Locations | Reach |
| Ice Cream Luv | Accommodation and Food Services | - | - |
| Meraki Creative Studio | Arts, Entertainment, and Recreation | - | - |
| Personal Choice Vintage Clothing | Retailer | - | - |
| Pilates Eagle Rock | Arts, Entertainment, and Recreation | - | - |
PROPERTY FACTS FOR 1577-1581 Colorado Blvd , Los Angeles, CA 90041
| Min. Divisible | 800 SF | Gross Internal Area | 9,206 SF |
| Property Type | Retail | Year Built | 1922 |
| Property Subtype | Storefront | Parking Ratio | 0.87/1,000 SF |
| Min. Divisible | 800 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Internal Area | 9,206 SF |
| Year Built | 1922 |
| Parking Ratio | 0.87/1,000 SF |
About the Property
Pegasus Asset Management is pleased to present the opportunity to lease retail space at Townsend Crossing in Los Angeles, California. This prime leasing opportunity is situated centrally within the highly desirable northeast Los Angeles submarket of Eagle Rock. Various footprints abound for retail shop space at the property, which sits at the corner of Townsend Ave and Colorado Blvd. Minutes away is Occidental College, with approximately 2,000 students enrolled. The 1920s-vintage building features charming, historic character with glass block accents. Take advantage of direct frontage to Colorado Blvd, one of the primary retail thoroughfares within Eagle Rock, with traffic counts of 32,000 vehicles passing daily. Neighbors in the corridor include Trader Joe’s across the street, Casa Bianca Pizza Pie, Colorado Donuts, Little Beast, Oinkster, Spitz Mediterranean, and Milkfarm. The property offers nearby access to CA-134 freeway within 5 minutes and CA-2 within 7 minutes. Downtown Los Angeles can be reached within 20 minutes and Burbank is only 15 minutes away. Join this eclectic and attractive pocket of Northeast Los Angeles while the opportunity lasts!
- Bus Route
- Fenced Lot
- Signage
- Signalised Intersection
-
Andrew Cohen -
Emmet Pierson -
Pegasus Investments
Presented by
Townsend Crossing - Lifestyle Retail Center | 1577-1581 Colorado Blvd
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