DTLA OFFICE SPACE FOR RENT LISTINGS
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Ground Floor Retail in DTLA’s Fashion District
For Lease $1,720/M 860SF $2/SF204 E 11th St Lease Type : Gross + UtilGROUND FLOOR retail space located on the corner of 11th Street and Los Angeles Street in DTLA'S FASHION DISTRICT. This space has WINDOWED FRONTAGE, along with a metal rollup door, letting in LOTS OF NATURAL LIGHT! There's a long black curtain 2/3's the way in to separate the space, if desired. The unit has HIGH CEILINGS, its own AIR CONDITIONER, and a PRIVATE BATHROOM. Electricity not included. Parking is in the area for a monthly or daily fee, along with metered street parking. Rare low price point for ground floor retail space. Get it before it's gone! Per negotiation, Landlord can modify and improve the spaces to meet your needs. Ask me the advantages of signing a five-year lease! On all our listings MINIMAL ONE YEAR LEASE ARE ACCEPTED ONLY, and owner may require a longer than one-year lease for this listing. Showings by APPOINTMENT ONLY. We are a real estate brokerage, if this space doesn’t meet your needs we may have or know about something else that does! Please submit your information on the Quick Contact Form (to your bottom right) or TEXT 213-304-4727 now! And don’t forget to follow us on social media at @QuixoticRealty thank you! [envira-gallery id="34272"]
Frequently Asked Questions
Neighborhood location is probably the biggest factor in determining the price per square foot with the highest prices typically being in the Arts District, Financial District, and Bunker Hill. The Fashion District and Historic Core tend to offer the most competitive pricing, and many would argue, the most bang for your buck, given the available amenities nearby such as restaurants, cafes, bars, and et cetera.
One thing to consider especially is that not all price per square feet are equal. Does the rate include utilities and CAM/NNN charges? Electricity can range from $.15-$.25psf depending on your intended use of the space. CAM/NNN charges can vary widely. Landlords who have owned a property for a long time likely have lower taxes so the CAM/NNN charges are likely to be a lot lower. Where as landlords who have purchased the property recently, the CAM charges are likely to be higher. And another thing to consider with these charges, is that if the current owner sells the property, these charges can go up dramatically given the new and higher taxes the new property owner will have. These rates also can include other property expenses such as maintenance and management fees, and these rates can be adjusted up annually if the costs increase- another thing to be aware of.
Some spaces are listed with a TI (tenant improvement) allowance budgeted. Typically when you see a higher price per square foot, it is likely the landlord or broker is assuming you will want to do a buildout to customize the unit and they have budget that into their listed ppsf. If it is a lower ppsf is lower, it is likely the listing person assumes you will take the space with the current configuration as-is. As a brokerage, we like to have our listings as move-in ready as possible, and likely with no build out intended. It is best to ask the listing broker before hand.