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FOR LEASE > RETAIL SPACE8TH & FRANCISCO946 W 8TH ST. LOS ANGELES, CA 90017
ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I [email protected] GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 | [email protected]
COLLIERS INTERNATIONAL865 S FIGUEROA STREET
SUITE 3500LOS ANGELES, CA 90017
RP REALTY PARTNERS550 SOUTH HOPE STREET
SUITE 2200LOS ANGELES, CA 90071
Adjacent to
Metropolis!
FOR LEASE > RETAIL SPACE8TH & FRANCISCO946 W 8TH ST. LOS ANGELES, CA 90017
ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I [email protected] GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 | [email protected]
COLLIERS INTERNATIONAL865 S FIGUEROA STREET
SUITE 3500LOS ANGELES, CA 90017
RP REALTY PARTNERS550 SOUTH HOPE STREET
SUITE 2200LOS ANGELES, CA 90071
N
W 8TH STREET
S FIG
UER
OA
STREETFR
AN
CIS
CO S
TREE
T
8TH PLACE
5,358 SF
Patio/Outdoor Seating
80 f
t fr
onta
ge
100 ft frontage
6,000 SF
Reliant Immediate
Care Medical
SIZE | ± 6,000 SF
PREMISES | Corner of 8th & Francisco St
PARKING | 2:1,000
RATE | Negotiable
TERM | 10 Years
OCCUPANCY | Immediate
> Ground-floor retail space> Prime location within the Financial District> In close proximity to residential apartment communities and corporate offices> One block from FIGat7th> Adjacent to Metropolis development: 1,250 residential units & 350 hotel rooms> Ample onsite parking > Ideal uses include retail, restaurant, lounge or bar, and gourmet market
PROPERTY DESCRIPTION
FOR LEASE > RETAIL SPACE8TH & FRANCISCO946 W 8TH ST. LOS ANGELES, CA 90017
ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I [email protected] GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 | [email protected]
COLLIERS INTERNATIONAL865 S FIGUEROA STREET
SUITE 3500LOS ANGELES, CA 90017
RP REALTY PARTNERS550 SOUTH HOPE STREET
SUITE 2200LOS ANGELES, CA 90071
110INTERSTATE
SUBJECT PROPERTY
Francisco Street
ResidentialTower 3 Residential
Tower 2
ResidentialTower 1
HotelTower
9th S
treet
S Figueroa Street
8th
Stre
et
8TH & FRANCISCORETAIL
FOR LEASE > RETAIL SPACE8TH & FRANCISCO946 W 8TH ST. LOS ANGELES, CA 90017
ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I [email protected] GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 | [email protected]
COLLIERS INTERNATIONAL865 S FIGUEROA STREET
SUITE 3500LOS ANGELES, CA 90017
RP REALTY PARTNERS550 SOUTH HOPE STREET
SUITE 2200LOS ANGELES, CA 90071
FIGUE
ROA
STRE
ET FLOW
ER S
TREE
T
FIGUE
ROA
STRE
ETHO
PE S
TREE
T
GRAN
D AV
ENUE
8TH STREET
7TH STREET
9TH STREET
WILSHIRE BOULEVARD
FLOW
ER S
TREE
T
8TH STREET
FRAN
CISC
O ST
REET
OLYMPIC BOULEVARD
7TH STREET
6TH STREET
9TH STREET
Subject Property
MetropolisHotel/Mixed Use, 3 Towers
27
28
22
23
2425
26
30
2931
3233 34
36
35
37
42
38
41
40
43
39
1413
10
95
1
3
4
2
6 78
1617
1819
2021
15
11 12
1. Regal Movie Theaters2. Ritz Carlton3. JW Marriott4. Residence Inn5. Yardhouse6. Tripple 87. Rosa Mexicano8. Flemmings9. US Bank10. Hotel Figueroa11. Casa Nostra12. Dolcini Caffe13. The Pantry14. Riordan’s Tavern15. Faith & Flower16. Starbucks17. Ralphs18. Coffee Bean19. Quiznos20. Simply Salasa21. Big Wangs22. First Republic Bamnk23. Local Table24. Fogo De Chao25. Nazo’s Bakery26. Subway27. Corner Bakery28. Zara29. H&M30. Mendicino Farms31. Victoria’s Secret32. Bath & Body Works33. Target34. Edible Arrangements35. Wokcano36. Dublin’s Irish Pub37. Coffee Bean38. 800 Degrees39. Engine Co. No. 2840. Famina41. LA Fitness42. Macy’s43. Sheraton Hotel
FOR LEASE > RETAIL SPACE8TH & FRANCISCO946 W 8TH ST. LOS ANGELES, CA 90017
ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I [email protected] GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 | [email protected]
COLLIERS INTERNATIONAL865 S FIGUEROA STREET
SUITE 3500LOS ANGELES, CA 90017
RP REALTY PARTNERS550 SOUTH HOPE STREET
SUITE 2200LOS ANGELES, CA 90071
FIGUE
ROA
STRE
ET FLOW
ER S
TREE
T
FIGUE
ROA
STRE
ETHO
PE S
TREE
T
GRAN
D AV
ENUE
8TH STREET
7TH STREET
9TH STREET
FIGUEROA AT WILSHIRE 601 S FIGUEROA ST
1,151,488 SF91.4% Occupancy
WILSHIRE BOULEVARD
ERNST & YOUNG 725 S FIGUEROA ST
PLAZA915,316 SF
93.7% Occupancy
660 S FIGUEROA ST283,000SF
44.3% Occupancy
FINE ARTS BUILDING 811 W 7TH ST
120,000SF96.0% Occupancy
THE BLOC 700 S FLOWER ST
737,709SF86.2% Occupancy
845 S FIGUEROA ST139,723 SF
100.0% Occupancy
777 TOWER 777 S FIGUEROA ST
1,024,834 SF84.6% Occupancy
FIGUEROA TOWER 800 S FIGUEROA ST
126,700 SF80.1% Occupancy
816 S FIGUEROA ST35,452 SF
92.3% Occupancy
888 FIGUEROA 888 S FIGUEROA ST
374,106 SF95.0% Occupancy
TCW BUILDING865 S FIGUEROA ST
686,072 SF99.4% Occupancy
801 TOWER 801 S FIGUEROA ST
458,570 SF88.5% Occupancy
FLOW
ER S
TREE
T
8TH STREET
FRAN
CISC
O ST
REET
OLYMPIC BOULEVARD
7TH STREET
6TH STREET
9TH STREET
FOR LEASE > RETAIL SPACE8TH & FRANCISCO946 W 8TH ST. LOS ANGELES, CA 90017
ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I [email protected] GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 | [email protected]
COLLIERS INTERNATIONAL865 S FIGUEROA STREET
SUITE 3500LOS ANGELES, CA 90017
RP REALTY PARTNERS550 SOUTH HOPE STREET
SUITE 2200LOS ANGELES, CA 90071
DOWNTOWN DEMOGRAPHIC OVERVIEW: SMART PEOPLE WITH RESOURCES
Source: DCIBD 2013 Demographic Study
In 2004, 23,894 people resided in DTLA. Five years ago, it was 39,537. Today, it is 52,400. The population has more than doubled in the last 10 years.
The average age of DTLA residents is 34.
80% have completed four year degrees or higher.
The daily working population is 500,000+ employees. With median incomes over $98,700, they are affluent Millennials.
There is pent up demand for quality housing where absorption exceeds supply and the outlook for rent growth is positive.
Downtown LA has flourished with new residential, retail, and office projects, offering attractive opportunities to capitalize during this development boom. As of January 2015, the number of new development projects totaled ninety-four.
A new generation of adventurous chefs, bartenders, loft dwellers, artists, and developers are reviving Downtown as a dynamic and trendy neighborhood. Major corporations work here, leading retailers have opened here, and hip restaurateurs are establishing new locations here.
8th & Francisco boasts coveted street-corner frontage, which provides excellent visibility in a high-density foot traffic area and vibrant pedestrian shopping corridor. Further, the site has an outdoor seating area as well as ample onsite parking to accommodate driving patrons.
The property is located in one of Downtown LA’s most dynamic areas. Situated in the Financial District, 8th & Francisco is immediately adjacent to the bustling FIGat7th shopping center and near hotspots including LA Live, Staples Center, and Nokia Theater. The site is also within close proximity to Bottega Louie and Yard House, restaurants that achieve over $10 million in annual sales. These factors strategically position 8th & Francisco to attract business from residents, employees, shoppers, and event goers alike. Its desirable location within a pedestrian-oriented area increases the potential for attractive retail sales profitability.