Located In The Heart of Melrose Heights...Melrose Avenue N Fairfax Avenue Har Crner Bie fr Slease...

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Hard Corner Retail Space for Sublease Located In The Heart of Melrose Heights 8001 Melrose Avenue, Los Angeles, CA 90046 Jeremy Dee | Execuve Vice President [email protected] 213-610-8866 CalBRE: 00772361 David Pressberg | Vice President [email protected] 310-887-6281 CalBRE: 00772361

Transcript of Located In The Heart of Melrose Heights...Melrose Avenue N Fairfax Avenue Har Crner Bie fr Slease...

Page 1: Located In The Heart of Melrose Heights...Melrose Avenue N Fairfax Avenue Har Crner Bie fr Slease Locate In The Hear Melrose Heights 8001 Melrose Avenue, Los Angeles, CA 90046 Jeremy

Hard Corner Retail Space for SubleaseLocated In The Heart of Melrose Heights8 0 0 1 M e l r o s e A v e n u e , L o s A n g e l e s , C A 9 0 0 4 6

Jeremy Dee | Executive Vice President [email protected] 213-610-8866 CalBRE: 00772361

David Pressberg | Vice President [email protected] 310-887-6281 CalBRE: 00772361

Page 2: Located In The Heart of Melrose Heights...Melrose Avenue N Fairfax Avenue Har Crner Bie fr Slease Locate In The Hear Melrose Heights 8001 Melrose Avenue, Los Angeles, CA 90046 Jeremy

Hard Corner Boutique for SubleaseLocated In The Heart of Melrose Heights8 0 0 1 M e l r o s e A v e n u e , L o s A n g e l e s , C A 9 0 0 4 6

Jeremy Dee 213-610-8866 [email protected] CalBRE: 00772361

David Pressberg 310-887-6281 [email protected] CalBRE: 01985788

Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400

Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00659610) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.

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Property DescriptionLocation: 8001 Melrose Ave., Los Angeles, CA 90046

Size: ±3,355 SF (±2,698 SF 1st Floor/±657 SF 2nd Floor)

Rent: $5.15 PSF/Mo., NNNParking: 5 spaces in rear of premises

Property Highlights

• Prime freestanding corner building on Melrose Ave• Newly built-out• High ceilings and skylights, mezzanine• Surrounded by high street retail and popular dining• Sublease term - Through approximately August 2022• Do not disturb existing tenant

Join these neighboring tenants:

Recreated LOGO

Page 3: Located In The Heart of Melrose Heights...Melrose Avenue N Fairfax Avenue Har Crner Bie fr Slease Locate In The Hear Melrose Heights 8001 Melrose Avenue, Los Angeles, CA 90046 Jeremy

Hard Corner Boutique for SubleaseLocated In The Heart of Melrose Heights8 0 0 1 M e l r o s e A v e n u e , L o s A n g e l e s , C A 9 0 0 4 6

Jeremy Dee 213-610-8866 [email protected] CalBRE: 00772361

David Pressberg 310-887-6281 [email protected] CalBRE: 01985788

Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400

Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00659610) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.

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Page 4: Located In The Heart of Melrose Heights...Melrose Avenue N Fairfax Avenue Har Crner Bie fr Slease Locate In The Hear Melrose Heights 8001 Melrose Avenue, Los Angeles, CA 90046 Jeremy

Hard Corner Boutique for SubleaseLocated In The Heart of Melrose Heights8 0 0 1 M e l r o s e A v e n u e , L o s A n g e l e s , C A 9 0 0 4 6

Jeremy Dee 213-610-8866 [email protected] CalBRE: 00772361

David Pressberg 310-887-6281 [email protected] CalBRE: 01985788

Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400

Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00659610) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.

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MELROSE AVENUE

1. Paul Smith2. Decades3. Nialaya Jewelry4. Sen Couture5. Liquid Juice Bar 6. European Touch Hair Design7. V Cut8. Debus Frison Sartoria9. V Cafe10. Improv Comedy Club

11. Jonathan Adler12. Planet Salon13. California Closets14. Cruvoir15. Fred Segal16. Glam Boutique17. Revolve18. AT&T Offices19. Cisco Home20. Table Art

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21. Scout22. Rudy’s Barbershop23. Chuck’s Vintage24. Adidas Originals25. Nudie Jeans L.A.26. Assembly Los Angeles27. Denmark 5028. Creatures of Comfort29. Beauty Balm30. Orris Perfumery

31. G-Star Raw32. Froma33. Palihotel34. Agent Provocateur35. The Hart and The Hunter36. Guise Eyewear Co.37. Crumbs & Whiskers38. Bank of America39. Mean Greens40. DOM Gallery

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Page 5: Located In The Heart of Melrose Heights...Melrose Avenue N Fairfax Avenue Har Crner Bie fr Slease Locate In The Hear Melrose Heights 8001 Melrose Avenue, Los Angeles, CA 90046 Jeremy

Hard Corner Boutique for SubleaseLocated In The Heart of Melrose Heights8 0 0 1 M e l r o s e A v e n u e , L o s A n g e l e s , C A 9 0 0 4 6

Jeremy Dee 213-610-8866 [email protected] CalBRE: 00772361

David Pressberg 310-887-6281 [email protected] CalBRE: 01985788

Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400

Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00659610) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.

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CURRENT BUILD OUT

Page 6: Located In The Heart of Melrose Heights...Melrose Avenue N Fairfax Avenue Har Crner Bie fr Slease Locate In The Hear Melrose Heights 8001 Melrose Avenue, Los Angeles, CA 90046 Jeremy

Hard Corner Boutique for SubleaseLocated In The Heart of Melrose Heights8 0 0 1 M e l r o s e A v e n u e , L o s A n g e l e s , C A 9 0 0 4 6

Jeremy Dee 213-610-8866 [email protected] CalBRE: 00772361

David Pressberg 310-887-6281 [email protected] CalBRE: 01985788

Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400

Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00659610) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.

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Parking - 5 Spaces

±2,698 SF

GROUND FLOOR

Melrose Avenue

Edinburgh Avenue

leased

Page 7: Located In The Heart of Melrose Heights...Melrose Avenue N Fairfax Avenue Har Crner Bie fr Slease Locate In The Hear Melrose Heights 8001 Melrose Avenue, Los Angeles, CA 90046 Jeremy

Hard Corner Boutique for SubleaseLocated In The Heart of Melrose Heights8 0 0 1 M e l r o s e A v e n u e , L o s A n g e l e s , C A 9 0 0 4 6

Jeremy Dee 213-610-8866 [email protected] CalBRE: 00772361

David Pressberg 310-887-6281 [email protected] CalBRE: 01985788

Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400

Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00659610) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.

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MEZZANINE

±657 SF

Edinburgh Avenue

Melrose Avenue

Open to Below

Page 8: Located In The Heart of Melrose Heights...Melrose Avenue N Fairfax Avenue Har Crner Bie fr Slease Locate In The Hear Melrose Heights 8001 Melrose Avenue, Los Angeles, CA 90046 Jeremy

Hard Corner Boutique for SubleaseLocated In The Heart of Melrose Heights8 0 0 1 M e l r o s e A v e n u e , L o s A n g e l e s , C A 9 0 0 4 6

Jeremy Dee 213-610-8866 [email protected] CalBRE: 00772361

David Pressberg 310-887-6281 [email protected] CalBRE: 01985788

Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400

Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00659610) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.

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MELROSE AVENUE | PREMIER RETAIL CORRIDOR

Page 9: Located In The Heart of Melrose Heights...Melrose Avenue N Fairfax Avenue Har Crner Bie fr Slease Locate In The Hear Melrose Heights 8001 Melrose Avenue, Los Angeles, CA 90046 Jeremy

Hard Corner Boutique for SubleaseLocated In The Heart of Melrose Heights8 0 0 1 M e l r o s e A v e n u e , L o s A n g e l e s , C A 9 0 0 4 6

Jeremy Dee 213-610-8866 [email protected] CalBRE: 00772361

David Pressberg 310-887-6281 [email protected] CalBRE: 01985788

Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400

Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00659610) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.

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Strong Area Demographics

1 Mile 2 Miles 3 Miles

POPULATION

2018 Estimated Population 50,948 167,294 308,555

2023 Projected Population 51,530 169,035 312,261

2010 Census Population 47,780 156,160 286,768

2000 Census Population 49,420 156,459 290,723

Projected Annual Growth 2018 to 2023 0.2% 0.2% 0.2%

Historical Annual Growth 2000 to 2018 0.2% 0.4% 0.3%

2018 Median Age 37.9 37.5 37.8

HOUSEHOLDS

2018 Estimated Households 31,273 95,741 160,716

2023 Projected Households 32,322 99,051 166,543

2010 Census Households 28,537 86,977 145,156

2000 Census Households 29,251 86,910 145,466

Projected Annual Growth 2018 to 2023 0.7% 0.7% 0.7%

Historical Annual Growth 2000 to 2018 0.4% 0.6% 0.6%

RACE & ETHNICITY (2018 Estimates)

White 80.2% 73.7% 66.8%

Black or African American 4.1% 5.1% 7.9%

Asian or Pacific Islander 7.8% 12.1% 12.1%

American Indian or Native Alaskan 0.3% 0.3% 0.4%

Other Races 7.6% 8.8% 12.7%

Hispanic 13.8% 14.6% 20.5%

INCOME (2018 Estimates)

Average Household Income $114,536 $121,758 $125,290

Median Household Income $79,669 $82,896 $83,050

Per Capita Income $70,416 $69,770 $65,390

EDUCATION (2018 Estimates)

Elementary (Grade Level 0 to 8) 2.3% 2.6% 4.2%

Some High School (Grade Level 9 to 11) 1.8% 2.0% 3.2%

High School Graduate 9.2% 10.8% 12.2%

Some College 16.3% 17.0% 17.0%

Associates Degree Only 7.3% 5.9% 5.8%

Bachelors Degree Only 45.6% 41.2% 37.7%

Graduate Degree 17.4% 20.5% 19.8%

BUSINESS (2018 Estimates)

Total Businesses 4,342 17,426 29,942

Total Employees 36,703 146,683 247,787

Employee Population per Business 8.5 8.4 8.3

Residential Population per Business 11.7 9.6 10.3

AREA DEMOGRAPHICS