Creative Complex on the Walk of Fame the Kress Portfolio 6608, 6610 and 6622 ½ Hollywood Blvd │ Los Angeles, CA 90028
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For Sale or Lease Creative complex on the Walk of Fame The Kress Portfolio 6608, 6610 and 6622 ½ Hollywood Blvd │ Los Angeles, CA 90028 JLL is pleased to offer the Kress Portfolio, an extraordinary creative complex located on the world-famous “Walk of Fame” on Hollywood Boulevard. The buildings are uniquely positioned for a variety of uses, including creative office, retail, design, showroom, entertainment and event venue. Nicole Mihalka Dana Vargas Carl Muhlstein Hayley Blockley Managing Director Vice President International Director Managing Director +1 213 239 6076 +1 213 239 6121 +1 213 239 6055 +1 213 239 6054 [email protected] [email protected] [email protected] [email protected] License #01322414 License # 01943620 License #00595250 License #01781682 Portfolio Details Total size of buildings: ± 36,500 SF Total size of land: ± 35,390 SF Portfolio sale price: $25,000,000 ($685/SF of building) Asking rent: $3.95/SF/month NNN Zoning: C4 6608 Hollywood Boulevard • Art Deco building located at the signalized intersection of Hollywood Boulevard and Whitley Avenue • ± 27,500 SF structure consisting of 3 levels and a basement, plus an additional ± 4,660 SF of rooftop space • Basement: ± 5,900 SF • First Floor: ± 7,200 SF • Second Floor: ± 7,200 SF • Third Floor: ± 7,200 SF • APN 5547-015-012 6610 Hollywood Boulevard • ± 20,000 SF of parking area for 80+ cars • To be sold with 6608 Hollywood or entire portfolio only • APN 5547-015-027 SALE PRICE: $19,500,000 ($709/SF of building) 6622 ½ Hollywood Boulevard • ± 9,000 SF two-story building • Parking for 18 cars (2 spaces per 1,000 SF) • APN 5547-015-028 SALE PRICE: $5,500,000 ($611/SF of building) Gated lot with 9 parking spaces Walkscore of 97 – a “Walker’s Paradise” Hollywood & Highland M Red Line 6622 ½ 6608 6610 5 blocks to Hollywood & Vine M Red Line Gated lot with 9 parking spaces CAPITOL RECORDS HOLLYWOOD BUILDING W BOWL HOTEL DREAM HOTEL / TAO MAMA MUSSO & SHELTER FRANK’S HOLLYWOOD & CROSSROADS HIGHLAND DEVELOPMENT Area Amenities CAFÉ/RESTAURANT/BAR HOTEL ENTERTAINMENT/NIGHTCLUB 33 Taps / Lost Property Bar Dream Hotel Avalon APL Restaurant Hospital Club Boardner's Blue Palms Brewhouse Kimpton Hotel Good Times at Davey Wayne’s Caffe Etc. Loews Hollywood Hotel No Vacancy Dirty Laundry Mama Shelter Playhouse Dunkin’ Donuts The Redbury The Sayers Club Farmer's Kitchen The Roosevelt Hotel Groundwork Coffee W Hollywood OTHER Katsuya Hollywood Amoeba Records Kitchen 24 HEALTH/BEAUTY/FITNESS Emerson College Loteria Grill 24 Hour Fitness Hollywood & Highland Center Miceli’s Bar Method K&L Wine Merchants Musso & Frank's Barry’s Bootcamp L.A. Film School Paley Bliss Hollywood Spa Musician's Institute Pressed Juicery Blo Bar SAE Institute Rise N Grind Equinox Trader Joe's Rubies + Diamonds Floyd's Barbershop Urban Outfitters Shake Shack LA Fitness Walgreens Starbucks Stella Barra THEATERS NEW RESIDENTIAL/MIXED USE Stout Burgers & Beers Arclight Theatre/Cinerama Dome Jefferson at Hollywood Sweetgreen Dolby Theatre Eastown & Southblock Sugarfish Egyptian Theatre 1600 Vine TAO Fonda Theatre/Music Box Sunset & Vine Tower Tender Greens Ford Ampitheater Proper Residences The Hungry Cat Grauman's Chinese Theatre Champion@Cherokee The Well Hollywood Bowl The Camden Umami Burger Palladium Deluxe Hollywood Wood & Vine Pantages Theatre Area Overview Over the past several years, Hollywood has experienced a tremendous renaissance, with over $5 Billion of development within 1 mile of The Kress. The Property is strategically located on Hollywood Boulevard between the intersections of Highland Avenue and Vine Street, just steps from the hottest destination retail, restaurants, nightclubs, entertainment venues, studios, production facilities, and residences in Los Angeles. Neighboring amenities include Trader Joe’s, APL Restaurant, Pantages Theatre, Musso & Frank’s, the W Hotel, The Dream Hotel / TAO, Katsuya, Loews Hollywood Hotel, The Dolby Theatre, The Hollywood Bowl, The Arclight Theater, Zara, Mama Shelter, Dirty Laundry, Rise N Grind, No Vacancy, Shake Shack, The Hospital Club, Loteria Grill and the El Capitan Theater. Over 15 million tourists visit the Hollywood Walk of Fame every year and ±60,000 cars drive by The Property each day, resulting in exceptional visibility. Join Viacom, Fender, NeueHouse, Netflix and LiveNation in the center of the city! Jones Lang LaSalle Brokerage, Inc. License #01856260. Copyright © Jones Lang LaSalle IP, Inc. 2018 All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof. Nicole Mihalka Dana Vargas Carl Muhlstein Hayley Blockley Managing Director Vice President International Director Managing Director +1 213 239 6076 +1 213 239 6121 +1 213 239 6055 +1 213 239 6054 [email protected] [email protected] [email protected] [email protected] License #01322414 License # 01943620 License #00595250 License #01781682.