Restaurant Space for Lease | Downtown Los Angeles | South Park
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Gross: rent covers property taxes, insurance, and maintenance. Tenant typically pays only their own utilities.
- Outdoor
- Shared Seating
- Bar Area
- Walk-In Cooler
- Turnkey
- Equipment Included
- Fully Furnished
- Grease Trap
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About this Property
2,800 SF Restaurant Space + 400 SF Outdoor Patio | Existing Equipment & Furniture Included
An excellent opportunity for restaurant operators and entrepreneurs looking to establish or expand their business in Downtown Los Angeles!
Located at 1111 S. Hope Street in DTLA's South Park neighborhood, this approximately 2,800 SF commercial restaurant space features an additional 400 SF outdoor patio and is offered for lease with existing restaurant appliances, equipment, and furniture.
The space provides an opportunity for an operator to customize an existing restaurant setting to accommodate their business concept, subject to obtaining the necessary permits and approvals.
PROPERTY HIGHLIGHTS
- Approximately 2,800 SF of interior restaurant space
- Additional approximately 400 SF outdoor patio
- Existing restaurant appliances, equipment, and furniture included in the lease, subject to the agreed inventory and lease terms
- Located in Downtown Los Angeles' South Park neighborhood
- Opportunity for restaurant and hospitality concepts, subject to applicable approvals
- Asking Rent: $11,500 per month
- Lease terms negotiable
IMPORTANT LEASING INFORMATION
The premises are offered with existing restaurant appliances, equipment, and furniture. However, the tenant is solely responsible for conducting all necessary due diligence and obtaining all required permits, licenses, inspections, and governmental approvals to operate their intended business.
This includes, but is not limited to, verifying zoning and permitted uses, obtaining health department approvals, business licenses, building and fire department approvals, and any required Conditional Use Permit (CUP).
No active liquor license is included with the lease. Any tenant intending to serve alcoholic beverages must independently obtain the appropriate California Department of Alcoholic Beverage Control (ABC) license and any other required approvals.
Kitchen & Equipment
- Grease trap (Grease Interceptor)
- Walk-in cooler
- 3 Compartment Sink
- HVAC
- Hood: Type 1
- Equipment included
Seating & Space
- Patio area
- Shared seating
- Bar area
Parking
- Parking: No Parking
Restrooms
- Bathroom: Single
- 2 restrooms
Buildout & Condition
- Condition: Turnkey / Fully Equipped
- Fully furnished
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