Lease Listings $150,000
PROPERTY OVERVIEW
– Rent. $150,000/yr, modified gross (±16 psf; includes RET & CAM)
– Size. ±23,509 SF, ground floor
– Premises. Former Walgreens Flagship in a mixed-use building with 417 space parking garage
– Master Lease Expiration. 11/30/27
– Restricted Uses. Mexican themed restaurant, housewares, telecom equip, pharmacy, 2nd hand store, day care, veterinary, church, fitness, theatre, dance hall and/or office.
– Zoning. C4-2D-SN
MATTERPORT TOUR LINK
– https://my.matterport.com/show/?m=fAmi3qKEVYT
LOCATION OVERVIEW
– Marquee Intersection. Sunset + Vine (±76K VPD)
– Neighborhood. Iconic, central Hollywood trade area surrounded by offices, shopping, dining and nightlife.
– Pedestrian Traffic. On Hollywood Walk of Fame, which draws an estimated 10 million visitors annually.
– Accessibility. 2 blocks from Hollywood/Vine Metro connecting San Fernando Valley to Downtown.
– Hospital. 2 blocks from Southern California Hospital, a 612-bed facility.
SUB-LEASE TERMS
– SUGGESTED RENT* $150,000 / year (inclusive of RET; R&M, insurance, utilities separate)
– MAXIMUM TERM 11/30/27
– DELIVERY “As-Is”
– OFFERS EVALUATED AS RECEIVED
*Price + terms, along with all offers, are subject to approval of Walgreen Co.’s Real Estate Committee