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Midtown Shopping Center 4701-4858 Pico Blvd 950 - 23,450 SF of Retail Space Available in Los Angeles, CA 90019
HIGHLIGHTS
- Best in class shopping center ranked in the top 99% of neighborhood centers by visits in the state and country; Located between Pico and Venice Blvd.
- Center accessible from high CPD thoroughfares of Pico, Venice, and San Vicente
- Surrounded by major retailers, including Ralphs, CVS, Living Spaces, Lowe’s, PetSmart and more
- Center contains the #1 Wing Stop location, by visits, out of 251 locations in California; Center has averaged over 11,500 visits per day in 2022
- High-density area (approximately 201,300 population and 71,400 daytime employees within a 2-mile radius); 0.8 miles from Los Angeles High School
- Abundant customer parking
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4707-BASEMENT | 22,500 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $33,750 /MO $405,000 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 4860 | 950 SF | Negotiable | $57.00 /SF/YR $4.75 /SF/MO $613.54 /m²/YR $51.13 /m²/MO $4,513 /MO $54,150 /YR | Triple Net (NNN) |
4707-4760 Venice Blvd - 1st Floor - Ste 4707-BASEMENT
Large, open basement space easily convertible for a variety of uses; Great for experiential, entertainment or storage tenants; Fully fixtured kitchen
- Lease rate does not include utilities, property expenses or building services
- Abundant customer parking.
4846-4860 W Pico Blvd - 1st Floor - Ste 4860
Ideal small footprint location for coffee shop or café.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Café / Retail Space with Exclusive Patio
- Exclusive outdoor dining area
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 broker 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 MIDTOWN SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- CVS Pharmacy
- Drug Store
- 10,407
- National
- Ralphs
- Supermarket
- 263
- National
- Yogurtland
- Yogurt
- 290
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| CVS Pharmacy | Drug Store | 10,407 | National |
| Ralphs | Supermarket | 263 | National |
| Yogurtland | Yogurt | 290 | International |
PROPERTY FACTS
| Total Space Available | 23,450 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 268,059 SF |
| Parking | 719 Spaces | Total Land Area | 89.37 AC |
| Stores | 7 | Year Built | 1994 |
| Center Properties | 7 |
| Total Space Available | 23,450 SF |
| Center Type | Community Center |
| Parking | 719 Spaces |
| Stores | 7 |
| Center Properties | 7 |
| Frontage | |
| Gross Leasable Area | 268,059 SF |
| Total Land Area | 89.37 AC |
| Year Built | 1994 |
ABOUT THE PROPERTY
Best in class shopping center ranked in the top 99% of neighborhood centers by visits in the state and country. Center accessible from high CPD thoroughfares of Pico, Venice, and San Vicente.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| W Pico Blvd | S Hudson Ave, E | 28,953 | 2022 | 0.02 mi |
| W Pico Blvd | S Hudson Ave, W | 26,971 | 2022 | 0.04 mi |
| San Vicente Blvd | W Pico Blvd, NW | 21,813 | 2022 | 0.06 mi |
| San Vicente Blvd | Keniston Ave, E | 21,633 | 2022 | 0.10 mi |
| Keniston Ave | Dockweiler St, N | 691 | 2022 | 0.11 mi |
| W Pico Blvd | S Tremaine Ave, W | 28,263 | 2022 | 0.13 mi |
| Venice Blvd | San Vicente Blvd, E | 24,256 | 2022 | 0.13 mi |
| S Rimpau Blvd | Dockweiler St, N | 8,057 | 2022 | 0.16 mi |
| Dockweiler St | Keniston Ave, W | 976 | 2022 | 0.16 mi |
| Dockweiler St | Keniston Ave, E | 1,467 | 2022 | 0.17 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
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Building Photo
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