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Retail Space on Wilshire Boulevard
For Lease
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5162-5180 Wilshire Blvd, Los Angeles, CA 90036

Corner retail space in Miracle Mile, Los Angeles.

Space Size1,175 SF
Days on Market1961

Property Features for 5162-5180 Wilshire Blvd

General Information

Standard status Active
Size 1,175 SF
Property subtype Retail

Building Details

Year Built 1984

Spaces For Lease

at 5162-5180 Wilshire Blvd Contact us

Available Space

Size
1,175 SF
Type
Retail
This End-Cap space offers approximately 1175 square feet and was previously utilized...
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Listing Agency: CBM1 West Los Angeles
Listed By: David Guardado · License #CA 01837493
Source: Crexi
Added: Mar 23, 2021 Changed: Jul 10 Last Checked: Aug 3 at 10:47AM

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 CBM1 West Los Angeles

Investment Insights

Based on property information with market context.

Available for rent is an end-cap retail space of approximately 1175 square feet, situated in a corner strip center located on Wilshire Boulevard in the Miracle Mile area of Los Angeles. The property benefits from a pole sign and convenient access from the cross street, as well as parking in an on-site lot. The location is at the signalized intersection of Wilshire Boulevard and Sycamore Avenue. It is adjacent to a Metro Purple Line station that is coming soon, and is near Hancock Park, Beverly Hills, and West Hollywood.

Key Highlights

  • Prime end‑cap location on busy Wilshire Boulevard in Miracle Mile.
  • Adjacent to the upcoming Metro Purple Line station.
  • High visibility at the signalized intersection of Wilshire + Sycamore.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Nursing Home Daycare Center (Bike/Boat/Book/etc) Store Storage Facility 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
$7.92 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,654
Businesses Nearby

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

$29.74 /SF/Yr
Avg Asking Price
$5.45–$67.98 /SF/Yr
Price Range
7,680 SF
Avg Space Size

This space is priced 78% above the average of $29.74 /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
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Frequently Asked Questions

What type of property is this?
Retail space - Corner retail space in Miracle Mile, Los Angeles.
Where is this retail space located?
The property is located at 5162-5180 Wilshire Blvd Los Angeles, CA.
What is the lease rate?
The lease rate is $52.80 SF/Yr.
What are key features of this property?
This property features: Prime end‑cap location on busy Wilshire Boulevard in Miracle Mile.; Adjacent to the upcoming Metro Purple Line station.; High visibility at the signalized intersection of Wilshire + Sycamore.
More about this property
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