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Single-Tenant Retail Pharmacy with Parking
For Sale
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812 S Grand Ave, Los Angeles, CA 90017

Fully leased CVS Pharmacy includes an additional 174-stall parking garage at 812 S Grand Ave.

Property SizeContact for details
Days on Market121

Property Features for 812 S Grand Ave

General Information

Standard status Active
Total Parking Spaces 174
Property subtype Retail, Office
Occupancy 100%

Building Details

Tenancy Single
Listing Agency: Northmarq - LA
Listed By: Bryan Ley · License #1458927
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 5:13AM

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 Northmarq - LA

Investment Insights

Based on property information with market context.

The property consists of a single-tenant CVS Pharmacy that is fully leased, along with an additional 174-stall parking garage included in the offering. The transaction provides a 100% fee simple interest in the asset.

JLL is offering the opportunity located in the core of Downtown Los Angeles. The CVS is described as having over 22 years of lease term remaining.

This configuration combines an essential retail pharmacy use with an attached parking component, supporting the overall tenant operation and access needs through the included garage.

Key Highlights

  • Fully leased CVS Pharmacy at 812 S Grand Ave, offering a 100% fee simple interest.
  • Lease has over 22 years remaining.
  • Single‑tenant, essential retail asset: CVS Pharmacy.

Property Analytics

Current Use

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy CVS Pharmacy Pharmacy Joe’s Auto Parks Parking Lot & Garage Joe's Auto Parks ... Parking Lot & Garage

Suggested Use

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

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

24,350
Businesses Nearby
Well-served
Demand for This Use

Demographics for 90017, CA

27,295
Population
15,953
Households
1.7
Avg Household Size
33
Median Age
36%
College-Educated
72%
High-School Grad
0.7 sq mi
ZIP Area
38,993
Density / Sq Mi
$51,317
Median Household Income
$35,076
Median Earnings
$1,669
Median Rent
$675,500
Median Home Value

Market

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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Similar Off Market Nearby

  • Eisner Pediatric family medical center 1530 S Olive St, Los Angeles, CA 90015
  • Kil H. Yi, PharmD 1401 S Grand Ave, Los Angeles, CA 90015
  • Sally M. Shin, PharmD 1400 S Grand Ave, Los Angeles, CA 90015
  • Cal-Med Pharmacy 1414 S Grand Ave, Los Angeles, CA 90015
  • Dignity Health - California Hospital Medical Center 1401 S Grand Ave, Los Angeles, CA 90015

Frequently Asked Questions

What type of property is this?
Drug store - Fully leased CVS Pharmacy includes an additional 174-stall parking garage at 812 S Grand Ave.
Where is this drug store located?
The property is located at 812 S Grand Ave Los Angeles, CA.
What are key features of this property?
This property features: Fully leased CVS Pharmacy at 812 S Grand Ave, offering a 100% fee simple interest.; Lease has over 22 years remaining.; Single‑tenant, essential retail asset: CVS Pharmacy.
More about this property
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