Restaurant and Retail Space
For Lease
Contact for pricing
8500 W 3rd St, Los Angeles, CA 90048
Second generation restaurant and retail space for lease.
Space Size936 SF - 984 SF
Property Size10,084 SF
Days on Market1731
Property Features for 8500 W 3rd St
General Information
Standard status
Active
Size
936 SF - 984 SF
Total Parking Spaces
27
Property subtype
Restaurant
Lease Type
NNN
Building Details
Building Size
10,084 SF
Year Built
1986
Tenancy
Multiple
Spaces For Lease
at 8500 W 3rd St Contact us- Size
- 936 SF
- Availability
- Active
8514 W. 3rd Street
- Size
- 984 SF
- Availability
- Active
8512
Listing Agency:
illi Commercial Real Estate
Listed By:
Roselene White · License #00549936
Source:
Crexi
Added: Dec 10, 2021
Changed: Sep 5
Last Checked: Sep 5 at 11:55AM
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 illi Commercial Real Estate
Investment Insights
Based on property information with market context.
Second generation restaurant and retail space is available for lease at Plaza Cienega, located on the southwest corner of 3rd Street and La Cienega. This retail center offers high street visibility, monument signage, and a dedicated on-site parking lot. The center's tenants include Fatburger, Subway, Hoy’s Wok, Mad Rebel Farm to Fresh, 3 Birds Thai, a soon-to-open Seafood Market, and a Bank of America ATM.
Key Highlights
- High street visibility at the iconic Plaza Cienega.
- Rare dedicated on‑site parking lot.
- Located on the SWC of 3rd & La Cienega.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$10.71 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
11,393
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 90048, CA
22,604
Population
13,733
Households
1.6
Avg Household Size
39
Median Age
69%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
11,897
Density / Sq Mi
$104,227
Median Household Income
$83,951
Median Earnings
$2,359
Median Rent
$1,847,500
Median Home Value
Market
Lease Benchmarks for Los Angeles, CA
$24.04 /SF/Yr
Avg Asking Price
$5.45–$48 /SF/Yr
Price Range
11,098 SF
Avg Space Size
This space is priced 197% above the average of $24.04 /SF/Yr.
Vacancy Rate% for Retail in Los Angeles, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Restaurant - Second generation restaurant and retail space for lease.
Where is this restaurant located?
The property is located at 8500 W 3rd St Los Angeles, CA.
What is the lease rate?
The lease rate is $71.40 SF/Yr.
What are key features of this property?
This property features: High street visibility at the iconic Plaza Cienega.; Rare dedicated on‑site parking lot.; Located on the SWC of 3rd & La Cienega.
