Building Details

Building Size 6,460 SF

Tenancy Multiple

Spaces For Lease

at 6708-12 Melrose Avenue Contact us

Suite 6708

Size

3,300 SF

Type

Retail

Lease Type

Modified Gross

Availability

Active

Contact us

Listing Agency: Carolwood Realestate

Listed By: Chris Mara · License #CA 00886282

Source: Crexi

Added: Feb 8, 2023 Changed: Aug 24 Last Checked: Aug 24 at 7:38PM

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Investment Insights

Based on property information with market context.

This property offers retail space for lease and is located at Melrose Avenue, Los Angeles. It is suitable for commercial real estate purposes.

Key Highlights

• For Lease

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Garden Center Restaurant Tanning Salon

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

$4.50 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,959

Businesses Nearby

Explore this area Business Placement

Demographics for 90036, CA

39,549

Population

21,890

Households

1.8

Avg Household Size

36

Median Age

68%

College-Educated

97%

High-School Grad

2.5 sq mi

ZIP Area

15,820

Density / Sq Mi

$102,877

Median Household Income

$66,385

Median Earnings

$2,730

Median Rent

$1,958,600

Median Home Value

Market

Lease Benchmarks for Los Angeles, CA

$35.07 /SF/Yr

Avg Asking Price

$5.45–$95.4 /SF/Yr

Price Range

7,780 SF

Avg Space Size

This space is priced 14% below the average of $35.07 /SF/Yr.

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space available for lease in Los Angeles.

Where is this retail space located?

The property is located at 6708-12 Melrose Avenue Los Angeles, CA.

What is the lease rate?

The lease rate is $30 SF/Yr.

What are key features of this property?

This property features: For Lease