PEGASUS | 6TH STREET AND FLOWER | LOS ANGELES, CA …

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PEGASUS | 6TH STREET AND FLOWER | LOS ANGELES, CA 90017 2nd Generation Restaurant Space For Lease For more information, please contact: GABE KADOSH | Vice President | Lic. 01486779 | +1 213 861 3386 | [email protected] Colliers International | 865 South Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | +1 213 627 1214 main | www.COLLIERS.com A Property by:

Transcript of PEGASUS | 6TH STREET AND FLOWER | LOS ANGELES, CA …

Page 1: PEGASUS | 6TH STREET AND FLOWER | LOS ANGELES, CA …

PEGASUS | 6TH STREET AND FLOWER | LOS ANGELES, CA 90017

2nd Generation Restaurant Space For Lease

For more information, please contact:

GABE KADOSH | Vice President | Lic. 01486779 | +1 213 861 3386 | [email protected] International | 865 South Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | +1 213 627 1214 main | www.COLLIERS.com

A Property by:

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PEGASUS | page 2Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2017. All rights reserved.

For more information, please contact:GABE KADOSH | Vice President | Lic. 01486779 | +1 213 861 3386 | [email protected] International | 865 South Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | +1 213 627 1214 main | www.COLLIERS.com

PROPERTY HIGHLIGHTS:• 4,585 SF Available Immediately

• Ground floor restaurant space below 321 high end residential units

• The property spans the entire block of Flower from 7th to Wilshire

• One of the most visible locations in Downtown Los Angeles

• Nearly 200 feet of frontage on Wilshire and Flower

• Flagship restaurant signage opportunity

• Flagship opportunity

• Tremendous glass line

• Metro Line just blocks away

• Thousands of hotel and residential units adjacent to the site

• Steps from the brand New Wilshire Grand, now the tallest building in the Western United States Which features the Intercontinental Hotel

Executive Summary

Pegasus is a mixed use property in the heart of the financial district of Downtown Los Angeles. It consists of 332 high end residential apartments and 16,000 square feet of retail space on the ground floor. Public School 213 and Big Sugar Bake Shop are the retail tenants on the ground floor.

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PEGASUS | page 3Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2017. All rights reserved.

For more information, please contact:GABE KADOSH | Vice President | Lic. 01486779 | +1 213 861 3386 | [email protected] International | 865 South Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | +1 213 627 1214 main | www.COLLIERS.com

Floor Plan

ENTRY

ENTRY

ENTRY

PEGASUSAPARTMENT

MAIN ENTRANCE

SOUTH FLOWER STREET

WIL

SHIR

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ULE

VARD

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PEGASUS | page 4Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2017. All rights reserved.

For more information, please contact:GABE KADOSH | Vice President | Lic. 01486779 | +1 213 861 3386 | [email protected] International | 865 South Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | +1 213 627 1214 main | www.COLLIERS.com

Site Plan

PEGASUSAPARTMENTS

LOBB

YEN

TRANCE

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PEGASUS | page 5Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2017. All rights reserved.

For more information, please contact:GABE KADOSH | Vice President | Lic. 01486779 | +1 213 861 3386 | [email protected] International | 865 South Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | +1 213 627 1214 main | www.COLLIERS.com

2nd Generation Restaurant Space Photos

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PEGASUS | page 6Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2017. All rights reserved.

For more information, please contact:GABE KADOSH | Vice President | Lic. 01486779 | +1 213 861 3386 | [email protected] International | 865 South Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | +1 213 627 1214 main | www.COLLIERS.com

2nd Generation Restaurant Space Exterior Photos

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PEGASUS | page 7Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2017. All rights reserved.

For more information, please contact:GABE KADOSH | Vice President | Lic. 01486779 | +1 213 861 3386 | [email protected] International | 865 South Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | +1 213 627 1214 main | www.COLLIERS.com

Market OverviewDOWNTOWN LOS ANGELES

The Financial District in downtown Los Angeles is a bustling hub of activity that shows no sign of waning. With office space long occupied and sought-after by major companies, the area—indeed all of downtown—has experienced a renaissance of residential and retail development. With more than 1,000 residential units brought to market since the beginning of 2017 and another 12,000 currently under construction, retail has quickly followed suit. All the action is making downtown a highly appealing destination for some of the most exciting restaurants and retailers in the country. Some of the main attractions in the financial district include OUE Skyspace LA, FIGat7th and Wilshire Grand Center. Strong residential density and office employment create a positively electric environment filled with people shopping and walking all day long.

DEMOGRAPHICS (source: CoStar)

1-mile 3-mile 5-mile

POPULATION

2022 Projection 78,119 551,525 1,282,064

2017 Estimate 74,945 534,288 1,247,713

2010 Census 66,390 501,725 1,203,709

Growth 2017-2022 4.24% 3.23% 2.75%

Growth 2010-2017 12.89% 6.49% 3.66%

HOUSEHOLDS

2022 Projection 34,738 185,726 410,597

2017 Estimate 33,338 179,819 399,523

2010 Census 29,742 168,932 385,847

Growth 2017-2022 4.20% 3.28% 2.77%

Growth 2010-2017 12.09% 6.44% 3.54%

POPULATION BY RACE

White 45,338 358,003 874,633

Black 9,848 39,858 124,508

Asian 14,821 108,585 187,537

Other 4,939 27,843 61,035

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PEGASUS | page 8Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2017. All rights reserved.

For more information, please contact:GABE KADOSH | Vice President | Lic. 01486779 | +1 213 861 3386 | [email protected] International | 865 South Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | +1 213 627 1214 main | www.COLLIERS.com

Trade Area Map

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PEGASUS | page 9Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2017. All rights reserved.

For more information, please contact:GABE KADOSH | Vice President | Lic. 01486779 | +1 213 861 3386 | [email protected] International | 865 South Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | +1 213 627 1214 main | www.COLLIERS.com

Trade Area Map (legend)SHOPPING CENTERS1 The Bloc2 7th and Fig3 Japanese Village Plaza4 Broadway Trade Center5 Los Angeles Mall

DEVELOPMENT1 Fig Central2 Metropolis3 Olympia4 Oceanwide Plaza5 Apex II6 888 S Hope7 1133 Hope8 Mack Urban Tower9 1212 Flower10 820 Olive11 1400 Figueroa12 CircaDRUGSTORE1 Walgreens2 CVS Pharmacy3 Walgreens4 Rite Aid5 CVS Pharmacy6 Rite Aid

BAR/NIGHTLIFE1 The Edison2 Broken Shaker3 Perch4 La Cita Bar5 Seven Grand6 Honeycut7 Prank Bar

COFFEE SHOPS1 Demitasse2 Groundwork Coffee Co.3 Blue Bottle Coffee4 Philz Coffee5 Verve Coffee Roasters6 Casa Cubana

ENTERTAINMENT1 Staples Center2 Nokia3 Walt Disney Concert Hall4 The Broad

5 The Museum of Contemporary Art

6 Regal Cinemas7 Orpheum Theater8 Tower Theater

9 Los Angeles Convention Center

GROCERY1 Erewhon Market2 Whole Foods3 Ralph's4 Marukai Supermarket

GYM1 YAS Fitness Center2 Equinox3 Soul Cycle4 Club Pilates5 LA Fitness6 Orange Theory Fitness7 The Los Angeles Athletic Club8 24 Hour Fitness

HOSPITALITY1 Ace Hotel2 JW Marriott3 Luxe City Center Hotel4 Standard5 Miyako Hotel6 DoubleTree by Hilton7 Hilton Checkers Los Angeles8 Millennium Biltmore Hotel9 The Westin Bonaventure Hotel10 Sheraton Grand11 Omni Los Angeles Hotel12 The Ritz-Carlton13 InterContinental14 Hotel Indigo15 Freehand Los Angeles16 Residence Inn

APARTMENTS1 Pegasus2 Milano Lofts3 The Met4 SB Manhattan Lofts5 Seven Forty South Olive6 Metropolis7 Level DTLA8 Atelier9 APEX. The One.10 Watermarke Tower11 Bristol Apartments12 Spring Arcade Building13 Gas Company Lofts14 SB Tower15 Premiere Towers16 Baltimore Hotel17 SB Spring Lofts18 Renaissance Tower19 8th + Hope20 Eighth & Grand21 SB Main22 The Roosevelt23 The Brockman Lofts24 655 Hope25 Angelus Plaza26 255 Grand27 Van Nuys Apartments28 Rosslyn Lofts29 SB Grand30 AVA Little Tokyo31 Metro 41732 Pacific Electric Lofts

RESTAURANT1 Katsuya2 Red Bird3 B.S. Taqueria4 Baco Mercat5 Ledlow6 The Original Pantry Café7 Grand Central Market8 KazuNori9 Morton's The Steakhouse10 Cole's11 Fogo de Chao12 Mendocino Farms13 Water Grill14 Bottega Louie15 Sugarfish by Sushi Nozawa16 Public School 21317 Le Pain Quotidien18 Plan Check Kitchen + Bar19 Tender Greens17 Faith & Flower18 800 Degrees19 The Palm Los Angeles17 Bottega Louie18 Sugarfish by Sushi Nozawa19 800 DegreesRETAIL1 LOIT2 Urban Outfitters3 Le Box Blanc4 Theory5 A.L.C.6 COS

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For more information, please contact:

GABE KADOSH | Vice President | Lic. 01486779 | +1 213 861 3386 | [email protected] International | 865 South Figueroa Street, Suite 3500 | Los Angeles, CA 90017 | +1 213 627 1214 main | www.COLLIERS.com

A Property by: