FOR LEASE > RETAIL SPACE 8TH & FRANCISCO 946 W 8th ST. Los ANGELES, CA 90017
o t t n e ! c s a i j l Ad ropo t Me
ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I
[email protected] ROB GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 |
[email protected]
COLLIERS INTERNATIONAL 865 S FIGUEROA STREET SUITE 3500 LOS ANGELES, CA 90017
RP REALTY PARTNERS 550 SOUTH HOPE STREET SUITE 2200 LOS ANGELES, CA 90071
FOR LEASE > RETAIL SPACE 8TH & FRANCISCO 946 W 8th ST. Los ANGELES, CA 90017 W 8TH STREET
PROPERTY DESCRIPTION
100 ft frontage Patio/Outdoor Seating
SIZE | ± 6,000 SF
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
6,000 SF
S FIGUEROA STREET
RATE | Negotiable
FRANCISCO STREET
PARKING | 2:1,000
80 ft frontage
PREMISES | Corner of 8th & Francisco St
Reliant Immediate Care Medical 5,358 SF
> 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
N 8TH PLACE
ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I
[email protected] ROB GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 |
[email protected]
COLLIERS INTERNATIONAL 865 S FIGUEROA STREET SUITE 3500 LOS ANGELES, CA 90017
RP REALTY PARTNERS 550 SOUTH HOPE STREET SUITE 2200 LOS ANGELES, CA 90071
FOR LEASE > RETAIL SPACE 8TH & FRANCISCO 946 W 8th ST. Los ANGELES, CA 90017
8TH & FRANCISCO RETAIL SF
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Residential Tower 2
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ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I
[email protected] ROB GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 |
[email protected]
COLLIERS INTERNATIONAL 865 S FIGUEROA STREET SUITE 3500 LOS ANGELES, CA 90017
RP REALTY PARTNERS 550 SOUTH HOPE STREET SUITE 2200 LOS ANGELES, CA 90071
FOR LEASE > RETAIL SPACE 8TH & FRANCISCO
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946 W 8th ST. Los ANGELES, CA 90017
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Subject Property
Metropolis Hotel/Mixed Use, 3 Towers
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ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I
[email protected] ROB GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 |
[email protected]
COLLIERS INTERNATIONAL 865 S FIGUEROA STREET SUITE 3500 LOS ANGELES, CA 90017
RP REALTY PARTNERS 550 SOUTH HOPE STREET SUITE 2200 LOS ANGELES, CA 90071
FOR LEASE > RETAIL SPACE 8TH & FRANCISCO
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Figueroa at Wilshire 601 S Figueroa St 1,151,488 sf 91.4% Occupancy
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946 W 8th ST. Los ANGELES, CA 90017
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816 S Figueroa St 35,452 sf 92.3% Occupancy
nu 888 Figueroa 888 S Figueroa St 374,106 sf 95.0% Occupancy
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TCW Building 865 S Figueroa St 686,072 sf 99.4% Occupancy
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845 S Figueroa St 139,723 SF 100.0% Occupancy
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Figueroa Tower 800 S Figueroa St 126,700 sf 80.1% Occupancy
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801 Tower 801 S Figueroa St 458,570 SF 88.5% Occupancy
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The Bloc 700 S Flower St 737,709SF 86.2% Occupancy
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777 Tower 777 S Figueroa St 1,024,834 sf 84.6% Occupancy
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Fine Arts Building 811 W 7th St 120,000SF 96.0% Occupancy
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660 S Figueroa St 283,000Sf 44.3% Occupancy
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Ernst & Young 725 S Figueroa St Plaza 915,316 sf 93.7% Occupancy
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ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I
[email protected] ROB GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 |
[email protected]
COLLIERS INTERNATIONAL 865 S FIGUEROA STREET SUITE 3500 LOS ANGELES, CA 90017
RP REALTY PARTNERS 550 SOUTH HOPE STREET SUITE 2200 LOS ANGELES, CA 90071
FOR LEASE > RETAIL SPACE 8TH & FRANCISCO 946 W 8th ST. Los ANGELES, CA 90017 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 streetcorner 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 pedestrianoriented area increases the potential for attractive retail sales profitability.
downtown Demographic Overview: Smart People With resources
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. Source: DCIBD 2013 Demographic Study
ADAM TISCHER I VICE PRESIDENT I LICENSE NO. 01766213 I DIR 213 532 3268 I
[email protected] ROB GALANTI | SENIOR VICE PRESIDENT | DIR 310 207 6990 |
[email protected]
COLLIERS INTERNATIONAL 865 S FIGUEROA STREET SUITE 3500 LOS ANGELES, CA 90017
RP REALTY PARTNERS 550 SOUTH HOPE STREET SUITE 2200 LOS ANGELES, CA 90071