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Retail & Restaurant Space Available
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606 South Olive St, Los Angeles, CA 90014

Ground floor retail and restaurant space with expansion potential.

Space SizeContact for details
Days on Market152

Property Features for 606 South Olive St

General Information

Standard status Active
Property subtype Retail
Listing Agency:
Listed By: Derrick Moore · License #1029938
Source: Cbre
Added: Mar 25 Changed: Aug 22 Last Checked: Aug 22 at 3:33AM

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 Derrick Moore

Investment Insights

Based on property information with market context.

This property offers ground floor retail and restaurant space. It features ceiling heights of 22'7". The location is adjacent to the soon-to-be revitalized Pershing Square. There is potential to add a mezzanine level. The building includes 291,000 square feet of office space above the ground floor retail area. Valet parking is available. The building provides 24-hour security. The floor plan options are flexible, and there is an opportunity for an expanded patio space. Exclusive building-top signage opportunities are available.

Key Highlights

  • Adjacent to soon‑to‑be revitalized Pershing Square
  • 291,000 SF of Office Space** above the ground floor retail
  • Exclusive building‑top signage opportunity**

Property Analytics

Current Use

Mobile Tire Delivery ... Construction Company Hubert Jewelry / Hubert ... (Bike/Boat/Book/etc) Store National Biomechanics Institute Law Firm Loretta Nelms Reyes Law Firm US Watch Buyers (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Adult Day Care Buffet (Bike/Boat/Book/etc) Store Tanning Salon Clothing & Fashion Store Pet Grooming Service

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

24,448
Businesses Nearby

Demographics for 90014, CA

9,254
Population
7,618
Households
1.2
Avg Household Size
38
Median Age
43%
College-Educated
86%
High-School Grad
0.3 sq mi
ZIP Area
30,847
Density / Sq Mi
$33,822
Median Household Income
$61,856
Median Earnings
$1,604
Median Rent
$644,700
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$34.76 /SF/Yr
Avg Asking Price
$5.45–$95.4 /SF/Yr
Price Range
7,673 SF
Avg Space Size

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground floor retail and restaurant space with expansion potential.
Where is this retail space located?
The property is located at 606 South Olive St Los Angeles, CA.
What are key features of this property?
This property features: Adjacent to soon‑to‑be revitalized Pershing Square; 291,000 SF of Office Space** above the ground floor retail; Exclusive building‑top signage opportunity**
More about this property
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