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California Marketplace 450 S Western Ave
1,272 - 8,439 SF of Retail Space Available in Los Angeles, CA 90020
Space Availability (3)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 3rd Floor, Ste 305/FC3 | 1,346 SF | - | 3-5 Years | £42.30 /SF/PA £3.52 /SF/MO £455.29 /m²/PA £37.94 /m²/MO £56,933 /PA £4,744 /MO | Triple Net | |
| 3rd Floor, Ste 308 | 1,272 SF | - | 3-10 Years | £42.30 /SF/PA £3.52 /SF/MO £455.29 /m²/PA £37.94 /m²/MO £53,803 /PA £4,484 /MO | Triple Net | |
| 3rd Floor, Ste 309 | 1,700-5,821 SF | 12 ft - 14 ft | 3-10 Years | £42.30 /SF/PA £3.52 /SF/MO £455.29 /m²/PA £37.94 /m²/MO £246,218 /PA £20,518 /MO | Triple Net |
3rd Floor, Ste 305/FC3
Dark food court restaurant fully built out, ample indoor and out door eating capability.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Located in Food Court
- Space is in Excellent Condition
- Central Air Conditioning
- Kitchen
3rd Floor, Ste 308
Restaurant Space with Kitchen/Hood great for dessert shop, cafe, coffee, cooking, indoor dining, outdoor dining and on the 3rd floor of the Best Open Air Shopping Center in Koreatown.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Central Air Conditioning
- Kitchen
- High Ceilings
3rd Floor, Ste 309
Raw Space so you can use your best imagination to make your ideal restaurant / bar space. Liquor License for on site consumption with the property. The space has concrete floors and will require full build out. Ownership is interested in an experienced restaurant / bar operator with the addition of nightlife component to the property.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space In Need of Renovation
- Kitchen
- Private Restrooms
- High Ceilings
- After Hours HVAC Available
- Finished Ceilings: 12 ft - 14 ft
- Possibility for Club / Bar Venue
- Property has Liquor Licenses available
- On Site Parking
- Outside Seating directly in front of space
- Courtyard property
- Raw Restaurant Spaces
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.
SELECT TENANTS AT California Marketplace
- Tenant
- Description
- US Locations
- Reach
- California Market
- Retailer
- -
- -
- CL Blossom
- Retailer
- 1
- Local
- Etude Salon
- Salon/Barber/Spa
- 3
- Local
- Seoul Pho
- Accommodation and Food Services
- -
- -
- Tous Les Jours
- Bakery
- 71
- International
- Verizon Wireless
- Wireless Communications
- 8,722
- International
| Tenant | Description | US Locations | Reach |
| California Market | Retailer | - | - |
| CL Blossom | Retailer | 1 | Local |
| Etude Salon | Salon/Barber/Spa | 3 | Local |
| Seoul Pho | Accommodation and Food Services | - | - |
| Tous Les Jours | Bakery | 71 | International |
| Verizon Wireless | Wireless Communications | 8,722 | International |
PROPERTY FACTS FOR 450 S Western Ave , Los Angeles, CA 90020
| Min. Divisible | 1,272 SF | Gross Internal Area | 91,883 SF |
| Property Type | Retail | Year Built | 2016 |
| Property Subtype | Freestanding | Parking Ratio | 4.52/1,000 SF |
| Min. Divisible | 1,272 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 91,883 SF |
| Year Built | 2016 |
| Parking Ratio | 4.52/1,000 SF |
About the Property
UNDER NEW OWNERSHIP! CAPITAL IMPROVEMENTS ARE COMING SOON! WE HAVE AMAZING OUTDOOR SEATING AREAS. California Market Place is the premier outdoor retail mall in the heart of Koreatown located on the North East Corner of Western Ave./5th Street. Anchored by Gaju Market aka California Market. Gaju Market draws an enormous amount of vehicular traffic and foot traffic daily making this Korean SuperMarket one of Koreatown's favorite places to shop. California Marketplace has only a few retail spaces on the 2nd floor and a fantastic 3rd floor dedicated to only restaurants and a food court with plenty of outdoor seating. We have restaurant spaces available from 1,400sf-5,800sf, there are multiple liquor licenses and CUP for the property. The Pandemic and Government Shutdowns are nearing an end. Take advantage of the current terrific pricing and lease a space before prices start to go up everywhere in Koreatown. We have almost 400 parking spaces on site in the parking structure.
- Banking
- Bus Route
- Corner Lot
- Courtyard
- Food Court
- Public Transport
- Restaurant
- Kiosk/Cart Space
- Storage Space
- Monument Signage
- Air Conditioning
Nearby Major Retailers
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California Marketplace | 450 S Western Ave
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