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Steele Plaza 5318 S Vermont Ave

789 - 1,764 SF of Space Available in Los Angeles, CA 90037

Highlights

  • 66,0001 people living in a very densely populated 1-mile radius of shopping center anchored by 7-Eleven.
  • Hard corner signalized intersection situated close to USC, Downtown LA, and Staples Center
  • End cap retail units & second story office unit available in high traffic shopping center
  • Great for retail, restaurant, fast food, or office
  • Ideal frontage, prominent visibility and building signage with store-front parking
  • Over 36,500 cars through the intersection daily, at very attractive rates

Space Availability (2)

Display Rent as

  • Space
  • Size
  • Ceiling
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 975 SF
  • 10 ft
  • Negotiable
  • £26.07 /SF/PA £2.17 /SF/MO £280.62 /m²/PA £23.38 /m²/MO £25,419 /PA £2,118 /MO
  • Triple Net
Space Use
Office/Retail
Condition
Full Build-Out
Availability
30 Days

End Cap 920 sqft - 3,410 sqft continuous Available for Restaurant, Fast Food, Retail, Medical Office, Clinic, Medical Service Facility and or Office. Landlord Incentives on Approved Credit.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Professional Services Office
  • Open Floor Plan Layout
  • Fits 3 - 8 People
  • Finished Ceilings: 10 ft
  • 2nd Floor, Ste 5318
  • 789 SF
  • -
  • Negotiable
  • £18.96 /SF/PA £1.58 /SF/MO £204.09 /m²/PA £17.01 /m²/MO £14,960 /PA £1,247 /MO
  • Triple Net
Space Use
Office
Condition
Full Build-Out
Availability
30 Days
  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Fits 2 - 7 People
  • 1 Private Office
  • Private Restrooms
Space Size Ceiling Term Rent Service Type
1st Floor 975 SF 10 ft Negotiable £26.07 /SF/PA £2.17 /SF/MO £280.62 /m²/PA £23.38 /m²/MO £25,419 /PA £2,118 /MO Triple Net
2nd Floor, Ste 5318 789 SF - Negotiable £18.96 /SF/PA £1.58 /SF/MO £204.09 /m²/PA £17.01 /m²/MO £14,960 /PA £1,247 /MO Triple Net

1st Floor

Size
975 SF
Ceiling
10 ft
Term
Negotiable
Rent
£26.07 /SF/PA £2.17 /SF/MO £280.62 /m²/PA £23.38 /m²/MO £25,419 /PA £2,118 /MO
Service Type
Triple Net
Space Use
Office/Retail
Condition
Full Build-Out
Availability
30 Days

End Cap 920 sqft - 3,410 sqft continuous Available for Restaurant, Fast Food, Retail, Medical Office, Clinic, Medical Service Facility and or Office. Landlord Incentives on Approved Credit.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Professional Services Office
  • Open Floor Plan Layout
  • Fits 3 - 8 People
  • Finished Ceilings: 10 ft

2nd Floor, Ste 5318

Size
789 SF
Ceiling
-
Term
Negotiable
Rent
£18.96 /SF/PA £1.58 /SF/MO £204.09 /m²/PA £17.01 /m²/MO £14,960 /PA £1,247 /MO
Service Type
Triple Net
Space Use
Office
Condition
Full Build-Out
Availability
30 Days

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Office
  • Mostly Open Floor Plan Layout
  • Fits 2 - 7 People
  • 1 Private Office
  • Private Restrooms

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 Steele Plaza

  • Tenant
  • Description
  • US Locations
  • Reach
  • 7-Eleven
  • Convenience Market
  • 11,377
  • International
  • Dream Kids Dental
  • MD/DDS
  • 1
  • Local
  • Fishbone Seafood
  • Restaurant
  • 2
  • Local
  • Tricolor Soccer League
  • Fitness
  • 1
  • Local
  • USA Service Professionals
  • Other Services
  • 1
  • Local
  • Zinnia Medspa
  • Health Care
  • 1
  • Local
Tenant Description US Locations Reach
7-Eleven Convenience Market 11,377 International
Dream Kids Dental MD/DDS 1 Local
Fishbone Seafood Restaurant 2 Local
Tricolor Soccer League Fitness 1 Local
USA Service Professionals Other Services 1 Local
Zinnia Medspa Health Care 1 Local

PROPERTY FACTS FOR 5318 S Vermont Ave , Los Angeles, CA 90037

Property Type Retail
Property Subtype Storefront Retail/Office
Gross Internal Area 11,198 SF
Year Built 1995
Parking Ratio 1.96/1,000 SF

Features and Amenities

  • Corner Lot
  • Signage
  • Monument Signage
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
60,510
462,634
1,190,508
2,036,277
2029 Population
57,640
442,691
1,150,169
2,023,686
2024-2029 Projected Population Growth
-4.7%
-4.3%
-3.4%
-0.6%
Median Age
34.4
34.0
35.7
34.4
College Degree + Higher
8%
14%
20%
15%
Daytime Employees
6,649
85,756
474,593
798,732
Total Businesses
1,166
12,538
58,285
101,000
Average Household Income
$67,984
$67,271
$72,073
$72,263
Median Household Income
$50,426
$48,257
$50,538
$51,014
Total Consumer Spending
$462M
$3.7B
$10.5B
$17.8B
2024 Households
15,684
128,545
386,926
629,692
Average Home Value
$620,872
$662,531
$703,358
$655,688
$ values in USD
  • Listing ID: 32236348

  • Date on Market: 26/09/2022

  • Last Updated:

  • Address: 5318 S Vermont Ave, Los Angeles, CA 90037

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