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8947 W Sunset Blvd 1,650 SF of Retail Space Available in West Hollywood, CA 90069
Highlights
- Turnkey Speakeasy Nightclub in Prime Sunset Strip location
- Dual concept: Nightclub + Fast Food (high scalability)
- Absentee owner structure possible - Currently operating only 2–3 nights/week - massive growth potential
- $485,000 key money — extraordinary valy - Currently strong profitability - 38%+ margins with significant upside
- Includes ABC 47 7am-2am and CUB allows for live entertainment
- Fully built in 2023 – over $500,000 invested Turnkey operation – no additional capex needed
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 | 1,650 SF | 10’ - 14’ | Negotiable | $94.08 /SF/YR $7.84 /SF/MO $1,013 /m²/YR $84.39 /m²/MO $12,936 /MO $155,232 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Fully Carpeted
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- High Ceilings
- Finished Ceilings: 10’ - 14’
- DDA Compliant
- Demised WC facilities
- Smoke Detector
- Wheelchair Accessible
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 8947 W Sunset Blvd, West Hollywood, CA 90069
- Tenant
- Description
- US Locations
- Reach
- Blow Dry Bar
- Retailer
- 1
- -
- LaserAway
- Salon/Barber/Spa
- 134
- National
- Maysa Salami Coffee
- -
- 1
- -
- Nails By Design & Spa Inc
- Services
- 1
- -
- Outlaw Cosmetics
- Retailer
- 1
- -
- Sunset Nail Design
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Blow Dry Bar | Retailer | 1 | - |
| LaserAway | Salon/Barber/Spa | 134 | National |
| Maysa Salami Coffee | - | 1 | - |
| Nails By Design & Spa Inc | Services | 1 | - |
| Outlaw Cosmetics | Retailer | 1 | - |
| Sunset Nail Design | - | 1 | - |
Property Facts
| Total Space Available | 1,650 SF | Gross Leasable Area | 17,402 SF |
| Property Type | Retail | Year Built | 1936 |
| Property Subtype | Restaurant | Parking Ratio | 1.72/1,000 SF |
| Total Space Available | 1,650 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 17,402 SF |
| Year Built | 1936 |
| Parking Ratio | 1.72/1,000 SF |
About the Property
There is $485,000 key money for this turnkey speakeasy nightclub + integrated fast casual kitchen. A rare opportunity to acquire a profitable, fully built-out nightlife venue in the heart of the legendary 1.6 mile of the Sunset Strip.in West Hollywood, surrounded by iconic venues such as: The Roxy Theatre, The Rainbow, The Whisky a Go Go, The Viper Room, The Soho House West Hollywood, The Sunset House, The London, etc. The current set up offers a unique dual-revenue model:. 1) Nightclub / events / bottle service, + 2) Fast Food window concept outside and independent optimized for delivery, pickup, and late-night demand The venue operates as an exclusive, intimate lounge hidden behind discreet doors, delivering a high-end, Parisian-inspired nightlife experience. This location benefits from constant foot traffic, tourism, and nightlife demand. This business includes the speakeasy nightclub + a fully operational fast casual food concept. The casual food concept is profitable and its business is currently valued at ~$550,000), with a High-margin simplified menu. This creates a second revenue stream independent of nightlife, significantly increasing business value and stability. and offers Late-night synergy with club operations This sale includes: ABC 47 License; its CUP with live entertainment; Lease (assignment or new lease available); $500,000+ in build-out & FF&E in the club and the kitchen; Fully equipped kitchen with a 10 feet hood, grease-trap, etc; Sound & lighting systems; POS system; Security system; All Social media accounts; Clients database; Promoters network; Supplier relationships; Staff There are Growth Opportunities Expand the nightclub operations to 5–7 nights/week; Increase private events & brand activations; Extend operating hours & daytime use (filming, events); Scale the fast casual concept to multiple locations; Optimize delivery channels (Uber Eats / DoorDash); The Facilities: Approx. 1,650 SF fully built-out venue with a Capacity of 80–100 guests; There is a Stage + DJ booth; Full bar + private booths and room to dance; Premium sound system (4 subwoofers double 15”); High-end lighting system; Fully equipped kitchen (10 ft hood + grease interceptor); Small Office + storage; 2 ADA restrooms; Large parking lot behind
Nearby Major Retailers
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8947 W Sunset Blvd
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