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Restaurant / BarOpportunity

SECOND GENERATION

P R O P E R T Y H I G H L I G H T S• Fully built out restaurant/bar opportunity• Current tenant offers full liquor • Signalized intersection with phenomenal visibility• Property situated 0.4 miles from expo stop

# OF HOUSEHOLDS14,22830,590

POPULATION

AVG HOUSEHOLD INCOME$138,156

1 - M I L E D E M O G R A P H I C S

S I T E P L A N

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P R I C E C A M s

S I Z E D E L I V E R A B L E

$5.25 PSF NNN $1.05 PSF

±4,472 SF 11/1/18

1 0 9 4 6 W P I C O B L V D | L O S A N G E L E S , C A 9 0 0 6 4

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F L O O R P L A NP

ico

Blv

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Veteran Ave

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10987

1 2PICO BOULEVARD

R E S T A U R A N T R O W

3 4 5PICO BOULEVARD

W E S T S I D E P A V I L L I O N D E V E L O P M E N T

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EXPO LINEWestwood / Rancho Park

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EXPO LINEExpo/Sepulveda

Bossa Nova Brazilian Cuisine1 Hop Li Seafood2 Gulp3 La Serenata de Garibaldi4 Wadatsumi5Space Available Westside Tavern6

The Wellesbourne7 Gyu-Kaku8 Backhouse9 Chilli Thai10 The Apple Pan11 Maria’s Italian Kitchen12 The Six13

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C A S D E N W E S T L A D E V E L O P M E N T

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According to The Source, by Metro estimates, the Expo Line had its best month ever in February. Average weekday r idership jumped to 55,388 from 53,473 the previous month.

According to Metro’s user surveys, almost 70 percent of Expo Line r iders at the route’s new stops were not regular users of the train prior to the opening of the extension to Santa Monica. Of those new riders, more than half would have previously made the tr ip by car, with 44 percent driving solo and eight percent carpool ing. Another s ix percent said they would have traveled by taxi or r ide-hai l ing service.

E X P O L I N EP A S S E N G E R I N C R E A S E

EXPO/SEPULVEDA STATION 0.4 MILES FROM PROPERTY

55,388 Record Breaking Ridership

45,876 Average WeekdayBoarding

34,844 Average SaturdayBoarding

35,995 Sunday and HolidayBoarding

Downtown Santa Monica

17th St/S

MC

26th St/B

ergamot

Expo/Bundy

Palms

Expo/La Brea

Expo/Sepulveda

Culver City

Farmdale

Expo/Weste

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Westwood/R

ancho Park

La Cienega/Je

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Expo/Crensh

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Expo/Verm

ont

Expo Park/USC

Jefferso

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WESTWOOD/RANCHO PARK STATION 0.5 MILES FROM PROPERTY

0.4 milesfrom property

0.5 milesfrom property

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WESTSIDEPAVILLION

Just down the street from the Subject Property, the current Westside Pavi l ion wi l l be converted into creative off ice whi le retaining entertainment retai l generating stampede l ike walking traff ic for both lunch and happy hour.

Westside Pavi l ion includes an impressive 12 screen movie theater bringing in a strong late night dinner crowd.

AVAILABLE

W E S T S I D E P A V I L L I O N D E V E L O P M E N T

0.1 MILES FROM SUBJECT PROPERTY

500,00 SFCREATIVE OFFICE

100,000 SFENTERTAINMENT RETAIL

12 SCREENMOVIE THEATER

Developer Hudson Pacific tenants include Netflix, Riot Games, NFL Networks, Google, and Amazon.

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C A S D E N W E S T L A D E V E L O P M E N T

0.8 MILES FROM SUBJECT PROPERTY

The former cement plant at Pico and Sepulveda Blvd is being str ipped making way for the Casden West L A development. This project wi l l include bui ldings up to:

10 STORIESIN HEIGHT

595APARTMENTS

15,000 SFGROUND-FLOOR RETAIL

1,000UNDERGROUND PARKING CAPACITY

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Leasing AgentsM I C H A E L P A K R A V A NS V P & N a t i o n a l D i r e c t o r , R e t a i l L e a s i n g

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D O N A L D H U T C H I N S O N I I IL E A S I N G A S S O C I A T E

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RestaurantOpportunity

SECOND GENERATION

This Leasing Package contains select information pertaining to the business and affairs of Property located at 10948 W Pico Blvd, Los Angeles, CA (“Property”). It has been prepared by Matthews Real Estate Investment Services. This Leasing Package may not be all-inclusive or contain all of the information a prospective lessee may desire. The information contained in this Leasing Package is confidential and furnished solely for the purpose of a review by a prospective lessee of the Property. The material is based in part upon information supplied by the Owner. Owner, nor their off icers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Leasing Package or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective lessees should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence.

Owner and Matthews Real Estate Investment Services expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to lease the Property and to terminate discussions with any person or entity reviewing this Leasing Package or making an offer to lease the Property unless and until a lease has been fully executed and delivered.

In no event shall a prospective lessee have any other claims against Owner or Matthews Real Estate Investment Services or any of their aff iliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing of the Property.

This Leasing Package shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date this Leasing Package.

C O N F I D E N T I A L I T Y & D I S C L A I M E R S T A T E M E N T