LOCATION LOCATION LOCATION.
BROKERS WELCOME (COMMISSION + BONUS)
2ND GENERATION RESTAURANT / MICRO BREWERY SPACE.
Mixed-use recently developed property located on Prime-on-Prime corner of La Brea Avenue and 6th Street in heart of Los Angeles with about 8500 SF of interior space and 1500 SF of exterior patio space which accommodated about 260 seats per previous tenant's use.
Premises is best suited as a Flagship Restaurant which offers abundant foot traffic with proximity to the renowned “Miracle Mile.” Currently built out as restaurant space with estimated $4MM T.I. already injected in to the space as a restaurant use.
The property is a mixed-use building with ground floor as restaurant use and 3 private apartments above. The space benefits from the “prime-on-prime” exposure, with high ceiling and floor to ceiling glass for maximum exposure. The recently developed site is developed as a high-end concept with precast concrete and Brazilian wood paneling facade.
Nearly 70,000 average daily vehicles passing by on S La Brea Avenue and 6th Street. There is a future Metrolink (Purple Line) station being installed less than a one block south of the property which is scheduled to open prior to 2024, that will further help businesses lucky enough to call this building home. Just a few steps away from a plethora of national and local retailers and dining options including a high-end Starbucks Reserve store, Sweetgreen, La Brea Bakery, Republique, Land Rover and Jaguar of LA and Target. This established commercial corridor has thrived due to strong surrounding demographics. Immediately surrounding the property, the average household income in a one-mile radius is nearly $118,000, and within three miles over 525,000 people contribute to a consumer spending total of an impressive $5.3 billion.