Listing Agency: z***@cbre.com Show Phone

Listed By: Zac Card · License #01970585

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 3:09AM

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Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Zac Card

Investment Insights

Based on property information with market context.

This retail space is located in the Pacific Palisades retail corridor. The ground floor space measures 1,875 square feet with an additional 845 square feet on the mezzanine level. The property is located directly adjacent to Caruso's Palisades Village, which is slated to open in September 2018. The space includes 30 feet of frontage on Sunset Boulevard. There are four assigned parking spaces. The sublease is available until March 2021.

Key Highlights

• Prime location in the heart of the Pacific Palisades retail corridor
• Located directly adjacent to Caruso's Palisades Village
• 1,875 SF ground floor space with an additional 845 SF mezzanine**

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency Skin Care Clinic Dental Office Gym & Fitness Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

1,522

Businesses Nearby

32k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Groceries 100%

Ralphs Groceries

32,363 visits/mo 0.5 miles

Market

Lease Benchmarks for Pacific Palisades, CA

$30.66 /SF/Yr

Avg Asking Price

$5.45–$67.98 /SF/Yr

Price Range

2,317 SF

Avg Space Size

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space adjacent to Caruso's Palisades Village.

Where is this retail space located?

The property is located at 15231 Sunset Blvd. Pacific Palisades, CA.

What are key features of this property?

This property features: Prime location in the heart of the Pacific Palisades retail corridor; Located directly adjacent to Caruso's Palisades Village; 1,875 SF ground floor space with an additional 845 SF mezzanine**