RARE OPPORTUNITY FOR RESTAURANT USE ON MELROSE
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1 RARE OPPORTUNITY FOR RESTAURANT USE ON MELROSE Sharona E. Javaheri Director Phone Commercial Asset Group 1801 Century Park East, Suite 1420 Los Angeles, CA Phone
2 OFFICE USE IN THE HEART OF LOS ANGELES FOR LEASE RARE opportunity for RESTAURANT USE in the Heart of Los Angeles! Highly visible and busy prime retail location SINGLE STORY RESTAURANT SPACE. Situated on one of the most hustle and bustle streets in Los Angeles, Melrose Avenue, also known for its upscale eateries, trendy boutiques, designer showrooms and its close proximity to the GROVE. Total space is approximately 4,000 square feet and is divisible by 2,000 square feet. This SPACIOUS SPACE is currently occupied by a month to month tenant. This space offers 40 feet of street frontage along the ever dynamic Melrose Avenue. This space is situated west of La Brea Avenue. This is the perfect location for MAXIMUM SIGNAGE AND VISIBILITY along a very busy street filled with tourists, residents and shoppers as well as high amounts of auto traffic Melrose Avenue Los Angeles, CA Available with Three (3) Month Notice $4.00/sf/nnn Current Tenant is Month to Month Tenant Improvement Allowance for a Qualified Tenant ABC Liquor License to be Acquired by Tenant Highlights: Approved for a FULL SERVICE RESTAURANT with 179 seats to serve alcoholic beverages via a variance for 40 Off-Site Parking Spaces Approximately 4,000 SF of Restaurant Space These materials are based on information and content provided by others, which we believe are accurate. No guarantee, warranty or representation is made by Commercial Asset Group, Inc. or its personnel. All interested parties must independently verify accuracy and completeness. As well, any projections, assumptions, opinion, or estimates are used for example only and do not represent the current or future performance of the identified property. Your tax, financial, legal and toxic substance advisors should conduct a careful investigation of the property and its suitability for your needs, including land use limitations. The property is subject to prior lease, sale, change in price, or withdrawal from the market without notice.
3 PROPERTY PHOTOGRAPHS Melrose Avenue Avenue is one is one of L.A. s of L.A. s most famous most famous streets, featuring a a myriad myriad of of shopping, shopping, dining dining and and entertainment destinations. destinations. Melrose Melrose runs north runs north of of Beverly Beverly Boulevard Boulevard and and south south of Santa of Santa Monica Monica Boulevard. Boulevard. Along Along its its west west end, end, Melrose Melrose Avenue Avenue is all about strolling and shopping, so bring dough is all about strolling and shopping, so bring dough and plenty of it. The street begins at Santa and plenty of it. The street begins at Santa Monica Monica Boulevard where the cities of Beverly Hills Boulevard where the cities of Beverly Hills and West and West Hollywood meet, otherwise known as Hollywood meet, otherwise known as the intersection the intersection of posh and funky. of posh and funky. The eastern end end of of the the district, district, which which runs from runs Fairfax from to Fairfax Highland to Avenue, Highland became Avenue, a popular became a popular underground and new new wave wave shopping area area in the in the early early 1980s. 1980s. Pioneered Pioneered by adventurous by adventurous independent retailers independent and retailers restaurateurs, and restaurateurs, Melrose Avenue Melrose Avenue captured captured the global the global imagination imagination as as the birthplace of Southern birthplace California s of Southern New California s Wave and New Punk Wave and cultures. Punk cultures. Rapid notoriety Rapid notoriety quickly quickly lured movie stars, moguls, lured movie and stars, style moguls, seekers, and leading style seekers, the press leading to dub the Melrose press to dub Avenue Melrose the Avenue new Rodeo the Drive. Ready for new its Rodeo close-up, Drive. the Ready avenue for its enjoyed close-up, its the share avenue of TV enjoyed and movie its share cameos, of TV and and movie appeared regularly on Jay cameos, Leno s and Jaywalking appeared regularly segments on Jay of Leno s The Tonight Jaywalking Show segments With Jay of The Leno, Tonight in addition Show to pop culture gems With Jay like Leno, Entourage in addition and to LA pop Ink. culture gems like Entourage and LA Ink.
4 FLOOR PLAN
5 FLOOR PLAN FOR DIVISIBLE SPACE Restaurant Melrose Ave. Los Angeles, Ca SEATS PROJECT SITE Block - none Tract 6005 Lot 125 APN # OWNER: PROJECT INFORMATION SCALE NTS tenant "a" MAIN TOTAL: tenant "B" MAIN TOTAL: GRAND TOTAL ON PROPERTY INTERIOR 74 SEATS David Hay 9454 Wilshire Blvd, 6th Floor Beverly Hills, CA Phone: Mobile: Fax: SEATS 12 SEATS 86 SEATS 74 SEATS 12 SEATS 86 SEATS 172 SEATS Lot Size S.F. FLOOR AREA 3960 S.F tenant "a" BAR EDGE OF CURB STREET LIGHT PROPERTY line ENTRANCE ENTRANCE DAY SPA - NOT IN SCOPE OF WORK PROJECT SITE TWO 1980 S.F. RESTAURANTS RETAIL STORE - NOT IN SCOPE OF WORK kitchen WOMEN'S ROOM MEN'S ROOM EXIT EXIT LINE OF BUILDING BELOW PROPERTY LINE LOCKED TRASH CONTAINER PROPERTY LINE POWER POLE ALLEY SITE PLAN SCALE LINE OF ROOF ABOVE PROPERTY LINE SPACE 1 POWER POLE NORTH 1/8"=1'-0" Restaurant W. Melrose Avenue Los Angeles, Ca SEATS tenant "b" INTERIOR 74 SEATS BAR kitchen WOMEN'S ROOM MEN'S ROOM SPACE 2 LOCKED TRASH CONTAINER FLOOR PLAN SCALE NORTH 1/4"=1'-0" Restaurant W. Melrose Avenue Los Angeles, Ca Lot 125, Tract 6005 EXHIBIT FOR CUB X1 REVISED 7265 Melrose Avenue, Los Angeles, CA Charles Dunn Company
6 AERIAL MAP N Alta Vista Blvd N Poinsettia Pl Melrose Ave
7 PROPERTY MAP
8 NEIGHBORING TENANTS PINK S HOT DOGS JET RAG M CAFE DE CHAYA LALA S ARGENTINE GRILL THE PARLOR BLU JAM CAFE THE VILLAGE IDIOT THE GROUNDLINGS THEATRE MELROSE UMBRELLA COMPANY ANTONIO S SPARTINA TATSU RAMEN CHIPOTLE FRANCO ON MELROSE CALIFORNIA CHICKEN CAFE CVS
9 For more information, please call. Sharona E. Javaheri Director Phone Lic Commercial Asset Group 1801 Century Park East, Suite 1420 Los Angeles, CA Phone Lic: These materials are based on information and content provided by others, which we believe are accurate. No guarantee, warranty or representation is made by Commercial Asset Group, Inc. or its personnel. All interested parties must independently verify accuracy and completeness. As well, any projections, assumptions, opinion, or estimates are used for example only and do not represent the current or future performance of the identified property. Your tax, financial, legal and toxic substance advisors should conduct a careful investigation of the property and its suitability for your needs, including land use limitations. The property is subject to prior lease, sale, change in price, or withdrawal from the market without notice.
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