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PRIME RESTAURANT PROPERTY FOR LEASE WITH DRIVE-THRUDowntown Los Angeles Opportunity833 S CENTRAL AVENUE, LOS ANGELES, CA 90021
Offering Memorandum
The information contained in this offering material is confidential and furnished solely for the purpose of a review by prospective Buyers or Tenants of the subject property and is not to be used for any other purpose or made available to any other person without the express written consent of Major Properties. This Brochure was prepared by Major Properties. It contains summary information pertaining to the Property and does not purport to be all-inclusive or to contain all of the information that a prospective Buyer or Tenant may desire. All information is provided for general reference purposes only and is subject to change. The summaries do not purport to be complete or accurate descriptions of the full documents involved, nor do they constitute a legal analysis of such documents.This information has been secured from sources we believe to be reliable. We make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Recipient of this report must verify the information and bears all risk for any inaccuracies.
Exclusively offered byJesse McKenzie Bradley A Luster Sales Associate President/Partner 213.747.4156 office 213.747.4154 office 714.883.6875 mobile 213.276.2483 mobile [email protected] [email protected] CA BRE Lic. # 01939062 CA BRE Lic. # 00913803
• Existing Restaurant Facility
• 23,208 Sq.Ft. of Land
• Ideally Situated Between Arts & Fashion Districts
• Abundant On-Site Parking
• Available Sept. 1, 2018
majorproperties.com
majorproperties.com
WALK SCORE
78 76
TRANSIT SCORE
Property HighlightsTotal Building Area 6,667 Sq.Ft.Office Area 1,292 Sq.Ft.Land Area 23,208 Sq.Ft.Year Built 1998Parking 35 Surface Spaces Note: Additional 23 spaces (11,590 sq.ft. land) are available at $6,000 per month NNN
Zoning LA M2APN 5146-017-015Frontage 153' on Central AvenueTraffic Count 30,284 Vehicles Per DayCouncil District 14 | Jose HuizarLocation Just North of the Corner of Olympic BlvdCurrently Occupied by Burger KingLease Rental $15,000 Per Month ($2.25 Per Sq.Ft. NNN)Possession September 1, 2018
833 S CENTRAL AVENUELOS ANGELES, CA 90021
Major Properties, as the exclusive listing agent, is pleased to present this rare opportunity to lease 833 S. Central Avenue, located in the Downtown Los Angeles Produce District. This site is just two blocks away from the master planned SunCal 6th & Alameda development project. This large, Irvine based developer spent $130 million to buy 15 acres of land and plans to construct a combination of creative office, live/work and retail space offering many amenities to the surrounding areas.
Another monumental project taking place just one block north of the subject property, is ROW DTLA. The site is in the process of being converted to the country’s largest creative campus focusing on fashion, tech and creative startups. Currently, there are plans for over 120,000 sq.ft. of retail on the site which will include fashion stores, restaurants, and possibly food trucks. The project will include a 4,000 vehicle parking structure.
Downtown Los Angeles is in the midst of an urban renaissance with the repositioning of older buildings and new ground up construction of residential, retail and creative office space. In the past 5 years, the number of Downtown Los Angeles residents has doubled from approximately 31,000 to 62,000. This number is expected to grow exponentially with thousands of residential units under construction and many more in the pipeline.
833 S Central Avenue presents a savvy tenant the opportunity to take advantage of the wave of growth and serve a growing neighborhood.
Property Summary
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Property Aerial
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Nearby Development Projects
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Downtown Los Angeles
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Assessor’s Parcel Map
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Additional 23 Spaces (11,590 Sq.Ft. Land)Available at $5,000 Per Month NNN
Property Photos
Additional 23 Spaces (11,590 Sq.Ft. Land)Available at $5,000 Per Month NNN
Downtown Los Angeles Demographics
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majorproperties.com
Downtown Los Angeles Property Values2006-2016
DowntownLos AngelesInvestment1999-2016
Exclusively offered byJesse McKenzie Bradley A Luster Sales Associate President/Partner 213.747.4156 office 213.747.4154 office 714.883.6875 mobile 213.276.2483 mobile [email protected] [email protected] CA BRE Lic. # 01939062 CA BRE Lic. # 00913803
MAJOR PROPERTIES1200 W Olympic BlvdLos Angeles, CA 90015
majorproperties.com
833 S Central AvenueLos Angeles, CA 90021
6,667 Sq.Ft. Building23,208 Sq.Ft. of Land
