for lease - loopnet · rodeo drive, the beverly center, the grove and pacific palisasdes village as...

1432 Abbot Kinney blvd venice, cAliforniA 90291

Flagship Restaurant or Brand RetailVenice’s “Abbott Kinney Boulevard”

LA Westside’s Hottest Shopping Experience...Chic Cuisine Major Brands &Iconic Boutiques

Architectural Modern 3 Story Mixed UseRestaurant/Retail/Artist Residence Building

Home to Facebook, Google, Snapchat & many others...Fastest Growing California Coast Tech Media Community

FOR SALE

FOR LEASE

Although all information furnished regarding property for sale, rental, or financing is from sources deemed reliable, such information has not been verified and no express representation is made nor is any to be implied as to the accuracy thereof and it is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice and to any special conditions imposed by our principal.

FOR LEASE or SALEABBOT KINNEY RESTAURANT1432 A b b ot K i n n e y b o u l e vA r d, v e n i c e , c A l i fo r n i A 90291

p r i n c i p a l o n l y | r e q u e s t c o n f i d e n t i a l i t y a g r e e m e n t f o r m o r e d e t a i l e s

DAVID B. [email protected]# 00402966

DAVID [email protected]# 01949738

J. P. [email protected]# 00998241

• $9,100,000.00 (Approx. $2,591 psf)

• LEASE: FLAGSHIP PROPERTY

$15 NNN for retail/restaurant • (approx. 2,000sf) • nets approx. $0.50 psf

$6.50 NNN for live/work - artist in residence • (approx. 1,512 sf)

• Top Visibility & Prime Location

• Highly Upgraded & Fully Equipped

• 2nd and 3rd floors - live/work space

• Exquisite Interiors

• Patio, Main Floor & Mezzanine Seating

• Beer & Wine Liquor License

• Valet Parking Available

• Building to be delivered vacant

• 20 Seats Operating Restaurant


THE SITE

• Radiant Floor heating, Concrete

• Floors, Wood Treatment throughout

• Beer & Wine Liquor License

• Fully Equipped Kitchen capacity to

serve private parties or 20 seats

• APN: 4238-005-035

• Zoning: C2-1-O-CA

• Restaurant and Live | Work

• Outside Restaurant Patio

• Building size: 3,512 SF

1432 Abbot Kinney Blvd.chic cuisine major brands

and iconic boutiques


LOCATIONSilicon Beach is the Westside region of the Los Angeles metropolitan area that is home to over 500 tech startup companies on the coastal strip north of Playa Vista/ LAX to Santa Monica. The heart of Silicon Beach is located in Venice and Santa Monica and extends to Marina del Rey, Hollywood and Downtown Los Angeles, with a focus on the community of entrepreneurs, startup companies (whether it’s creative, tech, etc.), accelerators and venture capital companies.

Abbott Kinney Boulevard joins.. . Melrose Avenue, Montana Avenue, Santa Monica’s 3rd Street Promenade, Rodeo Drive, The Beverly Center, The Grove and Pacific Palisasdes Village as high demographic traffic profile retail & entertainment destinations for local, regional, national and international visitors.







PROPERTY

REGION

Property is located at 1432 Abbot Kinney Boulevard, Venice California 90291. The property was built in 2003 and is comprised of the following: The building consists of 3,512 SF of recently completed retail and office space with high tech computer and electrical wiring in a 2,699 SF lot. The entire building has undergone a complete upgrade using the finest materials available. The Ground Retail is approximately 2,286 SF Second and third floors with full kitchen, large balconies and creative space. The office portion encourages a living concept for both live/work. Six car garage.

Los Angeles is the most populous city in California and the second most populous city in the United States, after New York City, with a population of 3.8 million, on a land area of 498.3 square miles (1,290.6 km2), and is located in the southern region of the state. It is the focal point of the larger Los Angeles - Long Beach - Riverside combined statistical area, which contains nearly 17.8 million people and which is one of the most populous metropolitan areas in the world and the second largest in the United States.




DISTRICT

Los Angeles County, the most populated and one of the most multi-cultural counties in the United States. The city’s inhabitants are referred to as “Angelenos”.

Venice is a district on the Westside of Los Angeles, California, United States. It is known for its canals, beaches and circus-like Ocean Front Walk, a two and a half-mile pedestrian only promenade that features performers, artists, and vendors. Throughout the summer months, “the boardwalk” (as it is commonly known, despite that it contains no boards) is actively entertaining, and this tradition continues on weekends in the winter. It is an important tourist attraction in Southern California, and has retained its popularity in part because it is an attractive location for walking and bicycling. It is home to some of Los Angeles’ early beat poets and artists and has served as an important cultural center of the city.




NEIGHBORHOOD




Abbot Kinney Boulevard has become one of LA’s most popular areas for unique shopping and dining experiences, featuring home-grown artists and designers in a mix of modern chic and old school vintage. The shops lining the street- many of which eat, sleep, and breathe the Abbot Kinney vibe- feature top-of-line artwork, furniture, jewelry and boutique clothing. Restaurants on Abbot Kinney include some of Los Angeles’ finest dining estab-lishments including, Gjelina, The Butcher’s Daughter, Kreation Kafe, Felix, Plant Food + Wine, etc ...




DEMOGRAPHICSThe subject property is supported by an affluent and dense population as illustrated in the chart to the right:

Description 1 MILE 3 MILES 5 MILES

2016 Population 36,555 179,470 437,017

2011 Estimate 35,962 173,840 422,206

2000 Census 36,481 167,796 404,500

1990 Census 37,741 169,781 398,242

Growth 2011 - 2016 1.65% 3.24% 3.51%

Growth 2000 - 2011 -1.42% 3.60% 4.38%

Growth 1990 - 2000 -3.34% -1.17% 1.57%

2018 Estimated Household In-

come$126,033 $117,617 $122,120




FLOORPLANS

ground floor



Abbot K

inney Blvd.


second floor



FLOORPLANS

Abbot K

inney Blvd.

third floor


FLOORPLANS



Abbot K

inney Blvd.

for lease - loopnet · rodeo drive, the beverly center, the grove and pacific palisasdes village as...

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