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Retail and Restaurant Space Available
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555 N Spring St, Los Angeles, CA 90012

Ground-floor retail and restaurant space in prime location.

Space Size759 SF
Property Size43,000 SF
Days on Market1279

Property Features for 555 N Spring St

General Information

Standard status Active
Size 759 SF
Class A
Property subtype Retail, Restaurant

Building Details

Building Size 43,000 SF
Year Built 2019
Tenancy Multiple

Spaces For Lease

at 555 N Spring St Contact us

A112

Size
759 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
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Listing Agency: District Realty Group
Listed By: Axel Erickson · License #CA 02159963
Source: Crexi
Added: Feb 14, 2023 Changed: Aug 14 Last Checked: Aug 14 at 5:22AM

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 District Realty Group

Investment Insights

Based on property information with market context.

Located at the intersection of Cesar Chavez Avenue and North Spring Street, just north of the 101 Freeway and two blocks west of Union Station, this 425,000 square foot residential/commercial project, known as LA Plaza Village, offers 43,000 square feet of ground-floor retail and restaurant space along with 355 residential units. A defining characteristic is an east-west Paseo that highlights the area’s role as LA’s ultimate intersection. Beginning at the eastern Hill Street portion of the project, the Paseo will connect Union Fort Moore Memorial, LA Plaza de Cultura y Artes Museum, historic Olvera Street and El Pueblo de Los Angeles, leading into the existing throughway to Union Station. The Paseo connects the new development to its neighbors and brings together the cultural elements that distinguish this section of LA, including Chinatown, Far East Plaza, and Little Italy. The property benefits from a master Conditional Use Permit (CUB) for numerous full liquor licenses and build-to-suit options. Plentiful onsite parking is available, with customer validation packages. Co-tenants include CVS, Buffalo Wild Wings, First City Credit Union, Cesar Chavez Foundation, and La Plaza Cocina. Dedicated patio options and abundant shared courtyard space are available. The area experiences heavy automobile traffic and serves as a gateway to Chinatown, with steps to Union Station and City Hall. It is adjacent to Echo Park, Downtown LA, and the Civic Center District, which includes city, county, and federal complexes, providing a customer base of the greater Chinatown area and government employees.

Key Highlights

  • Prime Location: Intersection of Cesar Chavez and North Spring, near the 101 Freeway and Union Station.
  • Extensive Retail and Residential Space: 43,000 sq ft of retail/restaurant space and 355 residential units.
  • Paseo Connectivity: Direct access to Union Station, Fort Moore Memorial, LA Plaza de Cultura y Artes Museum, Olvera Street, and El Pueblo de Los Angeles.

Property Analytics

Current Use

ButlerBox @ La Plaza ... (Bike/Boat/Book/etc) Store AniMeme Apparel Clothing Store One Lux Stay ... Hotel & Motel ChargePoint Charging Station Electric Vehicle Charging Station TalkTales Entertainment Hotel & Motel

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Adult Day Care Buffet 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

5,347
Businesses Nearby

Demographics for 90012, CA

33,851
Population
16,541
Households
2
Avg Household Size
37
Median Age
39%
College-Educated
77%
High-School Grad
3.6 sq mi
ZIP Area
9,403
Density / Sq Mi
$67,635
Median Household Income
$44,901
Median Earnings
$2,116
Median Rent
$686,400
Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$32.1 /SF/Yr
Avg Asking Price
$5.45–$67.98 /SF/Yr
Price Range
7,617 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
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Frequently Asked Questions

What type of property is this?
Retail space - Ground-floor retail and restaurant space in prime location.
Where is this retail space located?
The property is located at 555 N Spring St Los Angeles, CA.
What are key features of this property?
This property features: Prime Location: Intersection of Cesar Chavez and North Spring, near the 101 Freeway and Union Station.; Extensive Retail and Residential Space: 43,000 sq ft of retail/restaurant space and 355 residential units.; Paseo Connectivity: Direct access to Union Station, Fort Moore Memorial, LA Plaza de Cultura y Artes Museum, Olvera Street, and El Pueblo de Los Angeles.
More about this property
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