Prime Retail Space
For Lease
Contact for pricing
7th & Olive, Los Angeles, CA 90014
Corner retail space in historic 1912 building.
Space SizeContact for details
Days on Market152
Property Features for 7th & Olive
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
CBRE - Downtown Los Angeles
(213) 613-3334
Listed By:
Derrick Moore · License #1029938
(213) 613-3334
Source:
Cbre
Added: Mar 25
Changed: Aug 13
Last Checked: Aug 22 at 1:36PM
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 CBRE - Downtown Los Angeles
Investment Insights
Based on property information with market context.
The Los Angeles Athletic Club offers retail space at the corner of 7th and Olive Streets. This historic building, constructed in 1912, has undergone a multimillion-dollar renovation. The ground floor will feature a new storefront that complements the building's beaux-arts style architecture. The available space includes approximately 7,470 square feet of divisible retail space at the corner of 7th and Olive, plus an additional approximately 4,335 square feet of space facing 7th Street. A new storefront installation is estimated for July 2020. The building houses an 81-room boutique hotel. The property is across from the Nomad Hotel and the upcoming PK Market, and one block from Bottega Louie. 7th Street is known as one of Downtown's premier retail streets.
Key Highlights
- Prime corner retail space at 7th & Olive, one of Downtown's hottest corners.
- ± 7,470 SF of divisible retail space on the corner**, plus an additional ± 4,335 SF available.
- Located across from the Nomad Hotel and the upcoming PK Market, and 1 block from Bottega Louie.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
23,715
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Corner retail space in historic 1912 building.
Where is this retail space located?
The property is located at 7th & Olive Los Angeles, CA.
What are key features of this property?
This property features: Prime corner retail space at 7th & Olive, one of Downtown's hottest corners.; ± 7,470 SF of divisible retail space on the corner**, plus an additional ± 4,335 SF available.; Located across from the Nomad Hotel and the upcoming PK Market, and 1 block from Bottega Louie.
