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Highland Park Center | 5461 N Figueroa St, Los Angeles, CA Lea For ANCHOR SPACE OPPORTUNITY 27,981 SF Available Scott Burns Managing Director License # 01237652 Tel +1 310 694 3188 [email protected] Shauna Mattis Executive Vice President License #01071320 Tel +1 310 694 3190 [email protected] Alex Otto Associate License #02042292 Tel +1 424 294 3437 [email protected] jllretail.com

ANCHOR SPACE OPPORTUNITY - Cloudinary · 8/22/2019  · Highland Park Center | 5461 N Figueroa St, Los Angeles, CA Lease For ANCHOR SPACE OPPORTUNITY 27,981 SF Available Scott Burns

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Page 1: ANCHOR SPACE OPPORTUNITY - Cloudinary · 8/22/2019  · Highland Park Center | 5461 N Figueroa St, Los Angeles, CA Lease For ANCHOR SPACE OPPORTUNITY 27,981 SF Available Scott Burns

Highland Park Center | 5461 N Figueroa St, Los Angeles, CA LeaseFor

ANCHOR SPACEOPPORTUNITY

27,981 SF Available

Scott Burns Managing DirectorLicense # 01237652Tel +1 310 694 [email protected]

Shauna Mattis Executive Vice PresidentLicense #01071320Tel +1 310 694 [email protected]

Alex Otto Associate License #02042292 Tel +1 424 294 3437 [email protected]

jllretail.com

Page 2: ANCHOR SPACE OPPORTUNITY - Cloudinary · 8/22/2019  · Highland Park Center | 5461 N Figueroa St, Los Angeles, CA Lease For ANCHOR SPACE OPPORTUNITY 27,981 SF Available Scott Burns

| 2JLL | Highland Park Center | Los Angeles, CA

The Neighborhood: Located on the peripheral of both Downtown Los Angeles and Pasadena, this artsy enclave is one of the hottest up-and-coming markets in all of Los Angeles. Filled with classic Craftsman style houses and tree lined streets, this diverse neighborhood has recently seen a cultural renaissance in both its residents and retailers (from supermarkets to boutique shops and eateries). Primary local-residents are multigenerational and diverse in culture. However, in addi-tion to lifelong home owners, this suburb has seen a steady increase in young adults flocking to this gentrifying market. Like its residents, this trade area is also home to unique blend of retailers. The Metro Gold Line stop, located in the heart of the market, provides convenient access to both local-residents and the surrounding markets. Combined with great walkability along the main retail thoroughfares of Figueroa Street and York Blvd, several trendy operators, from boutique coffee shops and pizzerias to gastropubs and entertainment con-cepts, have steadily entered the market over the past 5 years. The Shopping Experience: Family bonding and gatherings are the norm for local-residents. This fami-ly-oriented lifestyle helps to dictate the products and locations for which they tend to shop. Spending is often comprised of amenities for their children and households, along with quick bites to eat at family restaurants. However, the new-found youth of Millennial residents has generated several other require-ments within the market. Purchases are typically dictated by trends in personal style, dining experiences, and entertainment, with frequent expenses consisting of the newest apparel, personal care products, and night-life activities.

Highland Park Bowl

Mr. Holmes Bakehouse

Tierra Mia Coffee

Highland Park

Page 3: ANCHOR SPACE OPPORTUNITY - Cloudinary · 8/22/2019  · Highland Park Center | 5461 N Figueroa St, Los Angeles, CA Lease For ANCHOR SPACE OPPORTUNITY 27,981 SF Available Scott Burns

| 3JLL | Highland Park Center | Los Angeles, CA

• Rare anchor opportunity in the heart of Highland Park, one of the hottest up-and-coming markets in Los Angeles

• Great visibility and access right off of N Figueroa Street, the trade areas main retail thoroughfare (31,000 cars per day)

• Front facing parking lot provides plenty of parking on-site

• Less than half a mile from the 110 Freeway (over 105,000 cars per day)

• Walking Distance to the Highland Park Metro Light Rail Station, which provides access to and from nearby Downtown LA, Pasadena, and other surrounding markets”

• Close proximity to Occidental College (over 2,000 students)

Highland Park Center | 5461 N Figueroa St.AREA

RETAILERS

1 mile 2 miles 3 milesDEMOGRAPHICS

$90,883Avg. HH Income

275,801# of Households

778,192Total Population

2.7Household Size

$93,330Avg. HH Income

$74,478Avg. HH Income

88,367# of Households

267,345Total Population

3.0Household Size

13,629# of Households

43,544Total Population

3.2Household Size31,000 CPD

105,000 CPD

Arroyo Seco Pkwy

18,000 CPD

Subject Property

Property Highlights

Page 4: ANCHOR SPACE OPPORTUNITY - Cloudinary · 8/22/2019  · Highland Park Center | 5461 N Figueroa St, Los Angeles, CA Lease For ANCHOR SPACE OPPORTUNITY 27,981 SF Available Scott Burns

| 4JLL | Highland Park Center | Los Angeles, CA

SITE

NAP

NAP

NAP

PYLON

Site Plan

Page 5: ANCHOR SPACE OPPORTUNITY - Cloudinary · 8/22/2019  · Highland Park Center | 5461 N Figueroa St, Los Angeles, CA Lease For ANCHOR SPACE OPPORTUNITY 27,981 SF Available Scott Burns

| 5JLL | Highland Park Center | Los Angeles, CA18,000 CPD

31,000 CPD

105,000 CPD

Subject Property

Highland Theaters

Chicken Boy

Fashion 21

Highland ParkMetro Station

Aerial

Page 6: ANCHOR SPACE OPPORTUNITY - Cloudinary · 8/22/2019  · Highland Park Center | 5461 N Figueroa St, Los Angeles, CA Lease For ANCHOR SPACE OPPORTUNITY 27,981 SF Available Scott Burns

Scott Burns Managing DirectorLicense # 01237652Tel +1 310 694 [email protected]

Shauna Mattis Executive Vice PresidentLicense #01071320Tel +1 310 694 [email protected]

Alex Otto Associate License #02042292 Tel +1 424 294 3437 [email protected]

© 2019 Jones Lang LaSalle IP, Inc. All rights reserved. All information contained herein is from sources deemed reliable; however, no representation or warranty is made to the accuracy thereof.

jllretail.com