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Avelaide 8451 Melrose Ave 1,326 - 2,910 SF of Retail Space Available in West Hollywood, CA 90069
HIGHLIGHTS
- 75 ft of prime frontage on Melrose Avenue
- High ceilings and natural light
- Ability to divide the space to 1,500-3,000 SF
- Co-tenancy with ALBA LA
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 101 | 1,326-2,910 SF | 12’ - 24’ | Negotiable | $108.00 /SF/YR $9.00 /SF/MO $1,163 /m²/YR $96.88 /m²/MO $26,190 /MO $314,280 /YR | Triple Net (NNN) |
1st Floor, Ste 101
75' ft of PRIME retail frontage on Melrose Avenue in between Melrose Place and La Cienega. The space has 12-24ft high ceiling, oversized window displays, and ability to demise in half. The building offers an open floor plan and has a co-tenancy with LA's new hottest restaurant ALBA. The location offers high exposure and heavy daytime foot traffic in one of Los Angeles’ most dynamic shopping destinations adjacent to significant fashion brands such as Glossier, Cult Gaia, Gucci, Restoration Hardware, Maison Margiela, and many more...
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- High End Trophy Space
- High Ceilings
- Exposed Ceiling
- Plug & Play
- Finished Ceilings: 12’ - 24’
- 75 ft of prime frontage on Melrose Avenue
- Ability to divide the space to 1,500-3,000 SF
- High ceilings and natural light
- Co-tenancy with ALBA LA
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT AVELAIDE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Alba
- Restaurant
- 1
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Alba | Restaurant | 1 | National |
PROPERTY FACTS
| Total Space Available | 2,910 SF | Property Subtype | Storefront |
| Min. Divisible | 1,326 SF | Gross Leasable Area | 2,910 SF |
| Property Type | Retail | Year Built | 1992 |
| Total Space Available | 2,910 SF |
| Min. Divisible | 1,326 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 2,910 SF |
| Year Built | 1992 |
ABOUT THE PROPERTY
75' ft of PRIME retail frontage on Melrose Avenue in between Melrose Place and La Cienega. The space has 12-24ft high ceiling, oversized window displays, and ability to demise in half. The building offers an open floor plan and has a co-tenancy with LA's new hottest restaurant ALBA. The location offers high exposure and heavy daytime foot traffic in one of Los Angeles’ most dynamic shopping destinations adjacent to significant fashion brands such as Glossier, Cult Gaia, Gucci, Restoration Hardware, Maison Margiela, and many more...
- Bus Line
- Signage
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Melrose Ave | N la Cienega Blvd, SW | 31,811 | 2022 | 0.04 mi |
| Melrose Pl | N Alfred St, W | 3,214 | 2022 | 0.05 mi |
| N la Cienega Blvd | Melrose Ave, S | 32,077 | 2022 | 0.08 mi |
| Melrose Ave | N Orlando Ave, NE | 29,479 | 2022 | 0.09 mi |
| N la Cienega Blvd | Melrose Pl, S | 32,414 | 2022 | 0.12 mi |
| Melrose Ave | W Knoll Dr, W | 28,043 | 2022 | 0.14 mi |
| N la Cienega Blvd | Melrose Ave, N | 38,670 | 2022 | 0.15 mi |
| Melrose Ave | W Knoll Dr, E | 21,017 | 2022 | 0.18 mi |
| N Croft Ave | Willoughby Ave, N | 1,958 | 2022 | 0.25 mi |
| N la Cienega Blvd | Rosewood Ave, N | 38,167 | 2022 | 0.25 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
8451 Melrose Ave
DSC_3887-Edit copy[6]
Interior
Interior
Floor Plan
Divisible Plan
Map View with Surrounding Tenants