PRIME RETAIL SPACE AVAILABLE

Transcription

1 PRIME 505, 550, AND 606 N. FIGUEROA STREET DOWNTOWN LOS ANGELES ±1,000 ±10,000 SF Zachary Card Lic t: e:

2 ORSINI Downtown Los Angeles is evolving. Our City is more fluid and connected than ever, with innovative retail and urban infill leading the charge. In the midst of this trend lies The Orsini, a dynamic mixed-use development located on the high trafficked intersection of N Figueroa Street and Sunset Blvd/W Ceasar Chavez Ave. A true lifestyle space, The Orsini encompasses more than 1,000 market rate apartment units, approximately 50,000 SF of prime retail and restaurant space, and extensive parking opportunities that creates an organic sense of community. PROJECT HIGHLIGHTS 1,072 Luxury Rental Units Apartment Rentals from 1,800-3,500 ± 2,000 High Income Residents Average Household Income Range between 100k - 215k ± 50,000 SF of Prime Street Facing Retail Direct Proximity to all of Downtown Los Angeles HIGHLIGHTS Under served community with disposable incomes High Vehicular Traffic Vented spaces available OVER-parked 4 CBRE, INC. ORSINI 5

3 6 CBRE, INC. ORSINI 7

4 RESIDENTS IN DOWNTOWN EMPLOYEES IN DOWNTOWN 52,400 RESIDENTS 34 MEDIAN AGE 103 median weekly amount spent on groceries 500,000+ EMPLOYEES 39 MEDIAN AGE 107 median weekly amount spent on groceries FEMALE 53% MALE 47% FEMALE 63% MALE 37% MEDIAN INCOME 98,700 MEDIAN INCOME 98,020 71% RENT 26.8% OWN per person median spend on dinner downtown 49% RENT 44% OWN per person median spend on dinner downtown 80% COMPLETED 4 YEARS OF COLLEGE OR HIGHER 90% EMPLOYED OF THAT, 56% WORK IN DOWNTOWN 55% AT TOP, SENIOR OR PROFESSIONAL STAFF LEVELS per person median spend on lunch downtown 76% COMPLETED 4 YEARS OF COLLEGE OR HIGHER 54% AT TOP, SENIOR OR PROFESSIONAL LEVELS per person median spend on lunch downtown 42% OWN PETS 51% OWN PETS 2.0 downtown sporting events 3.0 downtown music, theater and dance 3.2 downtown art museums and galleries 1.8 downtown sporting events 2.4 downtown music, theater and dance 2.2 downtown art museums and galleries 8 CBRE, INC. ORSINI 9

5 VISITORS IN DOWNTOWN THE LIVE/WORK DYNAMIC IN DOWNTOWN Downtown living is a choice that suits their preferred lifestyle. 10,000,000+ VISITORS 1 MILE 3 MILES 5 MILES 2016 POPULATION 50, , ,525 FEMALE 62% MALE 38% 45% ON VACATION OR VISITING FRIENDS/ FAMILY 2021 POPULATION 54, , ,187 DAYTIME EMPLOYMENT (TOTAL EMPLOYEES) 103, , ,525 44% MARRIED/PARTNERED 71% COMPLETED 4 YEARS OF COLLEGE OR HIGHER MEDIAN INCOME 90,580 STUDENTS IN DOWNTOWN 8 colleges and universities including USC, FIDM, Sci-Arc, and Loyola Law School 7 high schools including The Colburn School 91% 40% 83% Say its important to live close to where they work 62% 62% walk to work commute to work by car are self-employed like shopping close to where they work 67% say supermarkets is their most desired retail category 10 CBRE, INC. ORSINI 11

6 THIS DRAWING IS A RECORD OF REAL PROPERTY THAT IS GENERALLY ACCEPTED TO BE SUITABLE FOR USE IN PLANNING, DESIGN,, AND GENERAL ASSET MANAGEMENT. IT SHOULD NOT BE USED TO DETERMINE EXACT MEASUREMENTS OF S OR ARTIFACTS FOUND HEREIN FOR ANY PURPOSE. EXTERIOR ELEMENTS HAVE BEEN MEASURED AND DRAFTED FOR REFERENCE ONLY - THIS IS NOT A SURVEY. THIS DRAWING IS A RECORD OF REAL PROPERTY THAT IS GENERALLY ACCEPTED TO BE SUITABLE FOR USE IN PLANNING, DESIGN,, AND GENERAL ASSET MANAGEMENT. IT SHOULD NOT BE USED TO DETERMINE EXACT MEASUREMENTS OF S OR ARTIFACTS FOUND HEREIN FOR ANY PURPOSE. EXTERIOR ELEMENTS HAVE BEEN MEASURED AND DRAFTED FOR REFERENCE ONLY - THIS IS NOT A SURVEY. ±21,000 DAILY CAR COUNTS 1 1 ORSINI ONE SUNSET BOULEVARD 2 SHAFT SHAFT SHAFT SHAFT 5,623 SF 5,623 SQFT 9,780 SF 9,780 SQFT CONC. DECK HEIGHT 11'-4" A.F.F CONC. DECK HEIGHT 11'-10" A.F.F. 2 ORSINI TWO ORSINI II ORSINI II ATM 692 SQFT T-BAR HT. 8'-7" A.F.F. 1,088 SQFT T-BAR HT. 8'-6" A.F.F. 1,088 SF 2,639 SQFT 2,639 SF GYP BD HT. 8'-6" A.F.F. CONC DECK HT. 10'-3" GYP BD HT. 8'-6" A.F.F. GYP BD HT. 8'-6" A.F.F. 325 SQFT 3,363 SQFT T-BAR HT. 9'-2" A.F.F. DATUM 764 SF 764 SQFT 2,489 SF 2,489 SQFT CONC DECK HT. 11'-6" A.F.F. TELEPHONE RM. CONC 11'-5" A.F.F. 3,725 SQFT 3,725 SF 1,750 SF 1,750 SQFT 1,456 SQFT CONC DECK HT. 12'-5" A.F.F. PIPING HT. 10'-10" A.F.F. CONC DECK HT. 12'-5" A.F.F. PIPING HT. 10'-10" A.F.F. 1,456 SF 1/4" FRAME INTO INTERIOR SHAFT TRASH 692 SF ATM OPPORTUNITY DRY CLEANERS 1,195 SF SCHOOLS FEDERAL CREDIT UNION 3,363 SF FIGUEROA STREET FIGUEROA STREET 2,157 SQFT C JANG CONVENIENCE STORE 2,157 SF LIGHT SHAFT CONC DECK HT. 10'-1" A.F.F. EXISTING ENTRY LEVEL FLOOR PLAN (ORSINI II) 1 10,265 SQFT MEASURED TO EXTERIOR WALL PLANE EXISTING ENTRY LEVEL FLOOR PLAN (ORSINI II) 1 10,555 SQFT MEASURED TO EXTERIOR WALL PLANE FLOOR PLANS 12 CBRE, INC. REF:550_LA REV: 2 (LABELS 1/12/14) DRAWN BY: PPM AUDITED BY:PPM 550 N. FIGUEROA ST. LOS ANGELES, CA EXISTING FLOOR PLAN SHEET SIZE: 30x42 SCALE: 1/8"=1'0" FIELD SURVEY 10/22/2013 AX OF 5 REF:550_LA REV: 2 (LABELS 1/12/14) DRAWN BY: PPM AUDITED BY:PPM 550 N. FIGUEROA ST. LOS ANGELES, CA SHEET SIZE: 30x42 SCALE: 1/8"=1'0" FIELD SURVEY 10/22/2013 ORSINI 13 AX OF 5 EXISTING FLOOR PLAN

7 ±21,000 DAILY CAR COUNTS 3 ORSINI THREE 3 SHAFT SHAFT DATUM #1 CONC DECK HT. 21'-2" A.F.F. #2 CONC DECK HT. 10'-10" A.F.F. 6,793 SF 6,793 SQFT #3 CONC DECK HT. 11'-0" A.F.F. #4 2,355 SF #5 2,355 SQFT CONC DECK HT. 10'-9" A.F.F. CONC DECK HT. 11'-9" A.F.F. #6 3,865 SQFT 3,865 SF #7 CONC DECK HT. 12'-9" A.F.F. EXISTING ENTRY LEVEL FLOOR PLAN (ORSINI III, cont.) 1 3,865 SQFT MEASURED TO EXTERIOR WALL PLANE 14 CBRE, INC. ORSINI 15

8 AREA LOCATION BURBANK PACIFIC PALISADES WEST HOLLYWOOD BEVERLY HILLS GLENDALE PASADENA MALIBU SANTA MONICA VENICE MARINA DEL REY CULVER CITY LOS ANGELES MANHATTAN BEACH LONG BEACH 16 CBRE, INC. ORSINI 17

9 Zachary Card Lic t: e: CBRE, Inc Century Park East, Suite 900 Los Angeles, CA CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Macintosh HD:Users:cbower2:Downloads:Orsini_ZCard_v04_AJK Folder:Orsini_ZCard_v04_CB.indd