LOS ANGELES, CA 90013 for LEASE | Prime Arts District/Little Tokyo Big Box Retail Space
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alameda street 333 LOS ANGELES, CA 90013 FOR LEASE | Prime Arts District/Little Tokyo Big Box Retail Space Chris Steck Lic. # 01841338 [email protected] 213.534.3216 Chris Giordano Lic. # 01928706 [email protected] 213.534.3280 John Anthony Lic. # 01226464 [email protected] 213.534.3245 PROPERTY HIGHLIGHTS PROPERTY DETAILS property › Rare opportunity to lease retail space in one of Downtown Los Angeles’ most Address 333 S Alameda Street desirable areas Los Angeles 90013 highlights › Prime location along the border of the Arts District and Little Tokyo Building Size 453,312 SF › Excellent and upward trending demographics, which include an average household Rental Rate $1.00 SF NNN income of 99k per year and over 50k residents throughout the downtown area. & details Parking 700 available spaces › 1,700 new housing units and over 150,000 new square feet of new office space will bring an influx of consumer traffic to the immediate trade area Floors 3 › Ample on-site parking available with over 700 spaces Zoning LAM2 › Strong assortment of availabilities that range from 38,034 SF - 45,000 SF PARKING STRUCTURE | ± 20,494 CPD ALAMEDA STREET 3RD STREET | ± 31,735 CPD 333 ALAMEDA STREET, LOS ANGELES, CA. 90013 CHARLES DUNN COMPANY 2 amenities 1 AT MATEO 2 BEACON LOFTS 3 ONE SANTA FE 4 4 OSSO 5 THE PIE HOLE 19 6 WURSTKUCHE 3 7 BLACKTOP COFFEE 13 8 ZINC CAFE & MARKET 9 LITTLE BEAR ANGEL CITY VREWERY 10 7 11 EIGHTYTWO 6 10 15 5 12 VILLAINS TAVERN 11 13 GROW MARKET 21 14 SASLOW DOG PARK 14 12 15 DISTRICT GALLERY 16 17 2 16 A+D MUSEUM 17 520 MATEO STREET 333 ALAMEDA ST 8 18 SUNCAL 1 19 GAREY BUILDING ETCO HOMES 21 WAKABA LA 9 333 ALAMEDA STREET, LOS ANGELES, CA. 90013 18 CHARLES DUNN COMPANY 3 statistics ARTS DISTRICT STATS: + 1,700 new residential units + 150K SF of new office space Second Quarter Downtown LA Market Report DOWNTOWN STATS: 19m visitors per year + 50K residents +500K weekday population 2015 Downtown Los Angeles Survey Report 333 ALAMEDA STREET, LOS ANGELES, CA. 90013 CHARLES DUNN COMPANY 4 nearby developments 1 | BROOKS BUILDING The former J.E. Carr Building next to Clifton’s 1 2 Cafeteria will be turned into a 30-unit residential development. An additional level will be added to the seven-story structure will include one- and two-bedroom apartments, a 2,500 SF ground-floor bar and an automated parking facility. 2 | 801 S OLIVE STREET This new residential tower is slated to complete construction in late 2017. The new tower will have 363 units with studios, one-and two-bedroom apartments, eight penthouses, a rooftop pool and lounge area, a fitness center, a five-story parking facility, and 10,000 SF of street-facing retail. 3 3 | METROPOLIS As the biggest development in Los Angeles, Metropolis will be built in phases and will reach completion in 2018. The project will include 1,500 condo units, a 18-story boutique hotel, and retail space. 4 | BEACON TOWER Although the permits are still in process, this high-rise project at the corner of Fourth and Hill Street will consist of a 33-story tower equipped 4 5 with 428 studios to two-bedroom apartments, and 433 parking stalls. The project will also involve updating the Pershing Square metro station. 5 | 732 S. SPRING STREET A 24-story tower that will bring 303 units to the Historic Core. The project will contain a pool, aterrace, and over 7,200 SF of ground-floor commercial space. 732 S Spring Street will reach completion at the end of 2018. 333 ALAMEDA STREET, LOS ANGELES, CA. 90013 CHARLES DUNN COMPANY 5 6 | PARK FIFTH The long awaited project will be built in two phases and will bring 660 apartments within 6 7 a 24-storey building. The first phase will also bring 7,456 SF of ground parking and 22,000 SF of retail space. The project will also include an office building. 7 | CIRCA Circa will be comprised of 36-story twin towers and will bring 648 condominiums, 1,770 parking spots, and a 7-story retail podium occupying 48,000 SF of space. The development will also include a two-acre outdoor amenity deck and 15,000 SF of LED signage along Figueroa Blvd. 8 | 633 SOUTH SPRING STREET The 325-foot tall building will consist of a jagged structure soaring high above Spring 8 9 Street. A mid-rise section of the tower will stand flush with the sidewalk, matching the height profile of adjacent, historic structures. 9 | 525 SOUTH SPRING This project includes a parking structure with ground-floor retail, a 12-story mid-rise structure, and finally a 40-story apartment high-rise designed by architecture firm Martinez + Cutri. The project’s 40-story height will be retained, but also incorporates plans to renovate the three adjacent Broadway theaters also owned by Hellen - the Roxie, Cameo and Arcade. 10 | 888 SOUTH OLIVE When completed, the new tower will have 283 units for rent (potentially more than 400 10 11 new residents added to the downtown population) and a whopping 11,000 square feet of commercial retail space on the ground floor that could help activate the intersection substantially, while also helping to connect the southern part of the Historic Core to South Park and the Financial District. 11 | 820 SOUTH OLIVE At 637 feet in height, the tower will be among the tallest residential buildings in the state of California. A five-level podium spanning across the property will provide the majority of the development’s 600-car garage. Aboveground parking levels will be obscured from view by residential units along both Hill and Olive Streets. 333 ALAMEDA STREET, LOS ANGELES, CA. 90013 CHARLES DUNN COMPANY 6 12 | ALEXAN SOUTH BROADWAY This 26-story tower, from developers Trammell Crow Residential, will have 305 luxury 12 13 apartments with 7,000 square feet of ground floor retail space. The residential units will sit atop a 333-car parking podium; the building will also have 344 bike parking spaces. 13 | 649 SOUTH OLIVE The proposed NoMad Los Angeles will the building as well as a classy bar. include 241 guest rooms with custom-designed furnishings and original artwork. Hotel guests will have access to a rooftop pool and event deck with panoramic views of the city. The building’s ground level will feature multiple food and beverage venues, in addition to an approximately 1,000-square-foot retail stall fronting Olive Street. 14 | 888 SOUTH HOPE 888 South Hope will have 526 apartment units for rent and the attached 6-story 14 15 parking structure will have rooftop amenities of which haven’t been named yet, but we should expect to see a pool, clubroom, BBQ deck, cabanas, fire pit, etc. similar to other luxury high-rises in Downtown LA. 15 | PERSHING SQUARE The new design will bring the iconic town square back to the ground, lowering the top level of the parking structure, opening up the view and creating paths for pedestrians. The design also includes a reflecting pool,a “smart canopy” that will light up at night and provide shade during the day, water cycling, alternative energy systems, and landscaping that includes gardens, grasses and lawns. 16 | HILL TOWER LOFTS This exciting continuation of the Historic Core’s revitalization includes three new proposed high-rises set to break ground in the next year: the 38-story SB Omega, the 15-story. 16 333 ALAMEDA STREET, LOS ANGELES, CA. 90013 CHARLES DUNN COMPANY 7 transportation 1 2 developments 1 | FIGUEROA CORRIDOR BIKEWAY | MYFIGUEROA A $20 million, three-mile bikeway project that run from Seventh Street in Downtown to 41st Street in South LA. The project will also include bus platforms that extend the sidewalk for transit riders, and will improve landscaping and pedestrian signage. 2 | LOS ANGELES STREET CAR This $282 million project is projected to reach completion by 2020 and will be a 3.8-mile route connecting commuters from Civic Center to South Park. The Street Car is estimated to serve 3,851 to 5,733 riders per day. 3 4 3 | REGIONAL CONNECTOR A $1.55 billion rail project will connect the Little Tokyo/Arts District Gold Line station to the 7th/Metro Center Station. This 1.9-mile connector will improve the efficiency of cross-county travel and limit the amount of transfers needed. The underground tunnel will begin construction in 2017 and is slated to open by 2020. 4 | SIXTH STREET VIADUCT Known as the largest in Los Angeles’ history, this $449 million project will bring parks, open spaces, and community features next to and on the bridge. The new bridge will also include bicycle lanes and pedestrian viewing points and will connect the Arts 5 District to Boyle Heights. The side facing the Arts District will feature a park named after Leonard Hill. The viaduct is scheduled to open in 2019. 5 | UNION STATION Slated to begin construction in 2017, The Union Station Master Plan will have two main components – a large indoor-outdoor passenger concourse which will connect commuters to an updated rail yard and the replacement of the Patsaouras Bus Facility with an elevated bus terminal. Other improvements will include a walkway to the rail lines and the conversion of the west parking lot into a public plaza. 333 ALAMEDA STREET, LOS ANGELES, CA. 90013 CHARLES DUNN COMPANY 8 downtown demographics POPULATION GROWTH 2015 1999 18,700 60,618 LIVE but not work here LIVE/WORK WORK but not live here MEDIAN AGE 38 37 45 BA OR HIGHER 76% 80% 73% MEDIAN INCOME $96.6K $99.9K $99.6K 2015 Downtown Los Angeles Survey Report 333 ALAMEDA STREET, LOS ANGELES, CA.