RETAIL SPACE FOR LEASE ENTRANCE TO THE W HOTEL HOLLYWOOD & VINE SUBWAY STATION 6250 Blvd,, CA 90028 CalBRE #02059272
AVAILABLE Size: Rent: NNN: ±700 SF $650 PSF/Month NNN ±$100 PSF/Month NEIGHBORING TENANTS HIGHLIGHTS Located at entrance to The W Hotel and Residences - 305 premier hotel rooms and 143 Luxury condominiums Above Metro s /Vine station, reporting 1 Million annual riders Directly across from Pantages Theatre and in close proximity to The Fonda Theatre LOCATION Over $150,000 annual household income per 33,500 households within 3-mile radius Exceptional high foot traffic location Prime location in SITE Blvd Near the 101 Freeway Do not disturb existing tenant Prospective tenants are hereby advised that all uses are subject to City approval Highland Ave Vine St Sunset Blvd
H Club Coming Soon former Redbury Hotel Boulevard El Centro Coming Soon 535 Apartments The Broadway 96 Condos ±50,000 SF Ground floor retail Vine Street Argyle Avenue ±60,000 SF Ground floor retail /Vine Metro Station Available W-Hotel/Residences Lobby ±700 SF north
Trade Area - Submarket 97 Sunset Vine Tower Walkers Paradise Sunset Gower Studios Palladium Palladium Tower W Residences & Hotel Sunset+Vine The Camden AV E Columbia Square CE N TR O Fonda Theatre Arclight El Centro Luxury Apts Broadway Eastown Apartments Pantages Theatre GY L E AV E EL The district of Los Angeles is one of the most popular tourist destinations in California With roots in the entertainment industry, attractions like the TCL Chinese Theatre, & Highland, El Capitan Theatre, and the historic Roosevelt Hotel, and billions of dollars in investment over the last decade, has become a thriving submarket within Greater Los Angeles Over the years urban real estate investment firms have renovated the area and created an attractive retail market, not just a tourist destination, with a current inventory of 87 million square feet of commercial retail space WalkScore Avalon Future Site Millennium RA VE NE Argyle House Luxury Apts VI Kimpton Everly Hotel I VA AR ST Future Home of H Club Capital Records Building
Trade Area Overview thriving CREATIVE COMMUNITY 16 higher education INSTITUTIONS CAPITOL RECORDS NEUEHAUS WE WORK LIVE NATION TRAILER PARK CAVIAR LA An interconnected community of students and open campus vibe $48 BILLION invested and announcedsince 2000 BY DEVELOPERS OF MAJOR RETAIL, COMMERCIAL, HOSPITALITY, AND BUSINESS PROJECTS $22 BILLION COMPLETED PROJECTS source: HPOA office $1billion PROJECTS UNDER CONSTRUCTION source: HPOA office $16 BILLION projects in the pipeline STUDENTS TOURISTS SHOPPERS DINERS WORKERS TWO SUBWAY STOPS YOUNG ADULTS CLUB GOERS AFFLUENT DINNER CROWD THEATRE ENTHUSIASTS MUSIC FANS by night Regional transportation hub /Highland RIDERS ANNUALLY 13M METRO /Vine 1M RIDERS ANNUALLY source: metronet by day 61m UNIQUE VISITORS ANNUALLY { includes hotel guests, overnight and day visitors } source: LA Tourism and Convention Board Source: Property Owners Alliance
Hospitality 2020 6,750 today 49% 4,407 2000 2,960 total number ofrooms AN INCREASE OF from 2000 to today 2010-2017 NOTEWORTHY ADDITIONS & REVITALIZATIONS W HOTEL A chic and stylish destination with signature W Hotel trend-setting amenities and ambience KIMPTON EVERLY HOTEL A café, bar and a rooftop pool make the hotel a center of social activity MAMA SHELTER The French boutique chain s first stateside hotel was designed by Thierry Gaugain LOEWS Modern comfort in an iconic setting at the intersection of & Highland ROOSEVELT HOTEL The birthplace of the first Academy Awards in 1929, the Roosevelt embodies Old elegance DREAM HOTEL The west coast flagship for the boutique brand features modern design and opulent dining options COMING SOON Tommie Hotel Dream Hotel Phase 2 PNK Cahuenga Boutique Hotel Millennium Hotel AVERAGE occupancies 2000 74% 2010 75% 2016 816% EXCEEDS COUNTY WIDE AVERAGE BY NEARLY 5% Source: Property Owners Alliance
Trade Area Demographics *Zips within the and Sunset & Vine BIDs total population OF TRADE AREA 325,000 UNDERSERVED IN THE RETAIL SECTOR 3-mileradius INCLUDES 9 90004 90005 90020 90028* 90038* 90046 ZIP CODES 90048 90068 90069 40% REPORT THE NEW SCHOOL HAS ARRIVED Young Gen Y Adults are flocking to and the surrounding trade area Gen Z has arrived! household income between $50-150K PER YEAR 33,500 households within 3-mileradius 150K ANNUAL HOUSEHOLD INCOME OVER SPENDING POWER 18-34 YEAR OLDS 44% OF TR ADE AREA* *14% more than LA average DIVERSITY 343% HISPANIC 12 2% ASIAN/OTHER single in the city trade area includes affluent neighborhoods including: HOLLYWOOD HILLS HANCOCK PARK 15% AFRICAN AMERICAN WINDSOR SQUARE WHITLEY HEIGHTS 456% WHITE/ NON-HISPANIC LARCHMONT VILLAGE OUTPOST ESTATES 66% A MULTI- GENERATIONAL HUB 33% GEN X ADULTS Ages 35-49 37% 37% MILLENNIALS Ages 21-34 11% ADULT BOOMERS Ages 50-68 WEST HOLLYWOOD Source: Property Owners Alliance