Retail grocery/supermarket store in Leimert Park
Property Description
Here lies a unique opportunity to rent a once thriving liquor market in the vibrant Leimert Park neighborhood located close to the Baldwin Hills/Crenshaw mall. This store offers a spacious 5,000 square foot retail space, ideal for a grocery store or other retail concept. Situated in the heart of Leimert Park, a thriving cultural hub with high foot traffic and a diverse demographic. Enjoy the convenience of on-site parking, ensuring easy access for customers. Potential tenants will work with a blank canvas and design the store to suit their needs. Per the property owner: "THE NEW TENANT WILL HAVE TO CHANGE LOCATION FROM LIQUOR STORE TO A GROCERY STORE/SUPERMARKET OR A RETAIL SHOP THAT DOES NOT SELL OFF-SALE BEER, WINE, OR LIQUOR."
Previous liquor store tenant sales were exceeding $1,000,000+. All interested parties must submit proof of funds, and a short business bio or plans for ANY showings/conversations.
Costs: Owners ask for first month rent ($8,500) and security deposit ($17,000)= $25,550.
Rent - $8,500 for the first year with 3% annual increases thereafter 5+5 option.
Please contact us if you have any questions.
Previous liquor store tenant sales were exceeding $1,000,000+. All interested parties must submit proof of funds, and a short business bio or plans for ANY showings/conversations.
Costs: Owners ask for first month rent ($8,500) and security deposit ($17,000)= $25,550.
Rent - $8,500 for the first year with 3% annual increases thereafter 5+5 option.
Please contact us if you have any questions.
About the Property
- Type
- Building Status
- Established
- Facilities & Assets
- Tenant will need to do improvements on the space. Parking available on-site. Type 21 license to be transferred.
- Current & Prior Use
- Liquor store/market
About the Lease
- Rent
- $8,500.00 per month
- Lease Is NNN
- No
- Lease Terms
- 10 Year Lease Available with 3% Annual Increases
- Lease Expires
- 10/18/2034
Listing Info
- ID
- 2295058
- Listing Views
- 744
Attached DocumentsAttachment Disclaimer
Non_Disclosure_Agreement_NDA_1_.pdf
Business Location
Listing ID: 2295058 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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