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For More Information Contact: Andrew Cohen | 310.402.0211 | [email protected]
- ± 1 , 6 0 0 S F R e s t a u r a n t S p a c e A v a i l a b l e -
8351 Santa Monica Blvd. We s t H o l l y w o o d , C A
West Hollywood, California
Pegasus2
3Building & Site Profile
6Property Highlights
7Site Plan
8The Location
Table of Contents
Andrew Cohen
Vice President- [email protected]
D 310.402.0211LIC # 01996379 (CA)
Leasing Agent
3For More Information Contact: Andrew Cohen | 310.402.0211 | [email protected]
Pegasus4
Address 8351 Santa Monica Blvd.West Hollywood, CA 90069
Assessor’s Parcel Number (APN) 5554-025-039
Zoning C2A
Available Space ±1,600 SF
Lot Size 0.43 Acres
Cross Streets Santa Monica Blvd. & Flores St.
Year Built 1966
Frontage 142' on Santa Monica Blvd.125' on Flores St.
Delivery Warm Restaurant Shell
Availability Immediate
Building & Site Profile
5For More Information Contact: Andrew Cohen | 310.402.0211 | [email protected]
Pegasus6
Property Highlights
Population 1-Mile 3-Mile 5-Mile
2019 Estimate 74,417 505,991 1,419,933
Growth 2010 - 2019 5.46% 9.24% 4.93%
Households 1-Mile 3-Mile 5-Mile
2019 Estimate 26,810 137,394 363,367
Growth 2010 - 2019 2.45% 8.06% 4.31%
Income 1-Mile 3-Mile 5-Mile
2019 Est. Average Household Income $109,063 $107,784 $95,615
Property Demographics
• In the heart of impossibly cool and affluent West Hollywood with enviable foot and car traffic.
• Anchored by Earthbar, and across the street from Gelson's Market, the shopping center serves the daily needs of the over 75,000 people within 1 mile of the property.
• Signalized corner with a dedicated surface level parking lot - a rarity!
• 2nd generation end cap restaurant space - no key money.• Possibility for patio seating.
7For More Information Contact: Andrew Cohen | 310.402.0211 | [email protected]
Site Plan
Pegasus8
WeHo, as the locals call it, is home to fantastic restaurants, hotels, nightlife, and shopping. Its creative energy is palpable throughout the entire neighborhood, which has become a destination for modern furniture and decor. With no shortage of things to do in West Hollywood, it’s apopular place for both tourists and locals to visit.
West Hollywood is home to many of Los Angeles’ most iconic hotels, music venues, and comedy clubs. When residents crave fresh air, nearby Runyon Canyon is one of the city’s most beautiful hikes.
While WeHo draws its share of out-of-towners, the locals represent an equally diverse crowd. Dynamic nightlife and entertainment generate a palpable energy that courses through the community.
The West Hollywood experience is a melting pot of traditions, whether it’s inno-
vative vegan food, couture fashion, or street art and statues. This is not a neighborhood populated by the faint of heart, so arrive ready for excitement.
Creative people flock to West Hollywood, not only for its ample club and bar offerings, but also for its hopping art scene. Peruse its galleries and pick up pieces from both established and up-and-coming artists, or check out WeHo’s music scene at one of the many local venues.
In addition to the numerous housing complexes dotting the neighborhood, beautifully architectural houses line its side streets.
West Hollywood is a constant indulgence of the senses, which is exactly why its locals love it.
West Hollywood, California The location
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9
Pegasus10
Leasing AgentAndrew Cohen
Vice President - [email protected]
O 310.402.0211LIC # 01996379 (CA)
CONFIDENTIALITY & DISCLAIMER STATEMENTThe information contained in this Leasing Package is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Pegasus Investments and should not be made available to any other person or entity without the written consent of Pegasus Investments. This Leasing Package has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property.
The information contained herein is not a substitute for a thorough due diligence investigation. Pegasus Investments has not made any investigation, and makes no warranty or representation, with respect to the income or expenses for the subject property, the future projected financial performance of the property, the size and square footage of the property and improvements, the presence or absence of contaminating substances, PCB’s or asbestos, the compliance with State and Federal regulations, the physical condition of the improvements thereon, or the financial condition of the business prospects of any tenants, or any tenant’s plans or intentions to continue its occupancy of the subject property.
The information contained in this Leasing Package has been obtained from sources we believe to be reliable; however, Pegasus Investments has not verified, and will not verify, any of the information contained herein, nor has Pegasus Investments conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. Some or all of the photographs contained within may have been altered from their original format. All potential buyers must take appropriate measures to verify all of the information set forth herein.
11For More Information Contact: Andrew Cohen | 310.402.0211 | [email protected]
1901 Avenue of the Stars, Suite 630Los Angeles, CA 90067
www.pegasusinvestments.com310.691.1350
LIC # 01961545 (CA)
ABOUT PEGASUS INVESTMENTSPegasus Investments Real Estate Advisory (“Pegasus Investments”) represents a broad range of clients, from institutional investment firms to developers, high net worth individuals, family trusts and partnerships in connection with the purchase & sale and leasing of high quality investment properties nationwide. Pegasus Investments is one of the foremost leading advisory firms within the single tenant and multi-tenant triple net leased retail property category having completed in excess of $1 billion in volume since 2014.
Pegasus Investments offers a highly differentiated advisory platform given its ability to collaborate within a vertically integrated environment with Pegasus Capital Markets and Pegasus Asset Management to ensure a seamless transaction for all parties involved. The result is highly customized, creative, streamlined execution.
DAVID CHASINManaging [email protected]: 310.691.1350 x 101LIC # 01513027 (CA)
DAYLIN ACKERMANVice [email protected]: 310.691.1350 x 114LIC # 02011508 (CA)
STEPHEN [email protected]: 310.691.1350 x 119LIC # 02076409 (CA)
TONY VEILLERSenior [email protected]: 310.691.1350 x 113LIC # 01995952 (CA)
TREVOR NELSONManaging [email protected]: 310.691.1350 x 104LIC # 01495150 (CA)
KEN [email protected]: 310.691.1350 x 100LIC # 00776468 (CA)
KATHERINE WEAVERVice [email protected]: 310.691.1350 x 115LIC # 02004937 (CA)
MICHAEL SPECTORDirector of Sales & [email protected]: 310.691.1350 x 109LIC # 01969966 (CA)
BRAD KRITZERManaging [email protected]: 310.691.1350 x 106LIC # 01918111 (CA)
ANDREW COHENVice President - [email protected]: 310.402.0211LIC # 01996379 (CA)
KEVIN SHELBURNSenior Vice [email protected]: 310.691.1350 x 105LIC # 01861409 (CA)
STEPHANIE REEDOffice Manager/Executive Assistant [email protected]: 310.691.1350 x 108
MARC [email protected]: 310.691.1350 x 122LIC # 01865441 (CA)
ABOUT PEGASUSPegasus is a boutique commercial real estate investment and advisory firm based in Los Angeles, California. Specializing in retail shopping centers, single tenant net leased and multifamily properties throughout the United States, Pegasus has consistently delivered on its 30 year reputation of providing high quality, white glove service throughout all stages of the investment sales process. Pegasus provides its clients, which include high net worth private investors, family trusts, private & public REITs, local and regional developers and syndicators with advisory services encompassing underwriting, market research, investment sales and asset management. Pegasus continues to set the bar for high quality, boutique investment sales brokerage and advisory by relying on its industry-leading talent, which include experienced institutional and private sector investors.
MADELINE ALGERMarketing [email protected] 310.691.1350 x 121
DANIELLA MORENOMarketing [email protected] 310.691.1350 x 123