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Highlands Circle Cafe, Coffee Bar, Bakery 1515 Palisades Dr 180 - 3,990 sq ft of Space Available in Pacific Palisades, CA 90272
HIGHLIGHTS
- High income residential in Los Angeles
- Captive audience who seeks excellence
- Virtually low or no competition for 3.5 miles
SPACE AVAILABILITY (4)
Display Rent as
- SPACE
- SIZE
- CEILING
- TERM
- RATE
- TYPE
| Space | Size | Ceiling | Term | Rate | Type | |
| 1st Floor, Ste A | 2,850 sq ft | - | Negotiable | £71.13 /sq ft pa £5.93 /sq ft pcm £202,718 pa £16,893 pcm | TBD | |
| 1st Floor, Ste V | 600 sq ft | 10 ft - 12 ft | Negotiable | £71.13 /sq ft pa £5.93 /sq ft pcm £42,678 pa £3,556 pcm | Triple Net | |
| 2nd Floor, Ste D | 360 sq ft | 12 ft - 16 ft | Negotiable | £71.13 /sq ft pa £5.93 /sq ft pcm £25,607 pa £2,134 pcm | Triple Net | |
| 2nd Floor, Ste O2 | 180 sq ft | 12 ft - 16 ft | Negotiable | £71.13 /sq ft pa £5.93 /sq ft pcm £12,803 pa £1,067 pcm | Triple Net |
1st Floor, Ste A
- Partially Fit-Out as a Restaurant or Café Space
- Anchor Unit
- Central Air Conditioning
- Private Restrooms
- Corner Space
- After Hours HVAC Available
1st Floor, Ste V
Highlands Circle, Pacific Palisades is surrounded by gorgeous vistas of the Santa Ynez Canyon, average homes of $1.5 to $50-million and household income of over $300,000 with no other cafe for coffee, baked items for over 3.5 miles. Subject space is in prime front position of the Highlands Circle office building where clients from pilates, yoga and personal trainers yearn for a treat after their work out, in addition to the local residents who have nowhere else to go other than Starbucks which is 3.5 miles down a long and winding road. This is the definitive captured audience location. Tenant would have access to outdoor patios, one in front of the space and the other a few feet from the cafe. Owner is open to building to suit. Starting lease rate at $8.00 per square foot, plus NN for expenses, (electric, water, insurance, etc.) with 10% of gross monthly sales, not to exceed $12.00 per square foot, plus NN for expenses.
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
- Central Air and Heating
- Corner Space
- High Ceilings
- Exposed Ceiling
- After Hours HVAC Available
- Finished Ceilings: 10 ft - 12 ft
- Display Window
- Outdoor patios allows to view Santa Ynez Canyon
2nd Floor, Ste D
Newly built, wood floors, bay window with canyon view.
- Lease rate does not include utilities, property expenses or building services
- High-density office layout
- Finished Ceilings: 12 ft - 16 ft
- Central Air Conditioning
2nd Floor, Ste O2
Newly built, wood floors, bay window with canyon view.
- Lease rate does not include utilities, property expenses or building services
- High-density office layout
- Finished Ceilings: 12 ft - 16 ft
- Central Air Conditioning
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 (NNN) 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 agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent 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 rent 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.
PROPERTY FACTS
| Total Space Available | 3,990 sq ft | Net Internal Area (NIA) | 12,559 sq ft |
| Property Type | Retail | Year Built | 1978 |
| Property Subtype | Shopfront Retail / Office | Parking Allocation | 2.23/1,000 sq ft |
| Total Space Available | 3,990 sq ft |
| Property Type | Retail |
| Property Subtype | Shopfront Retail / Office |
| Net Internal Area (NIA) | 12,559 sq ft |
| Year Built | 1978 |
| Parking Allocation | 2.23/1,000 sq ft |
ABOUT THE PROPERTY
Highlands Circle, Pacific Palisades is surrounded by gorgeous vistas of the Santa Ynez Canyon, average homes of $3.5 million and household income of over $300,000 with no other cafe for coffee, baked items or over 2 miles. Subject space is in prime front position of the Highlands Circle office building where clients from pilates, yoga and personal trainers yearn for a treat after their work out, in addition to the local residents who have nowhere else to go other than Starbucks which is 2.3 miles down a long and winding road. This is the definitive captured audience location. Tenant would have option to lease (2) outdoor patios, one in front of the space and the other a few feet from the cafe. Owner is open to building to suit and your option of a short or long-term lease.
- Signage
Presented by
MA
Highlands Circle Cafe, Coffee Bar, Bakery | 1515 Palisades Dr
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