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 5,450 square foot retail space, ideal for a grocery store or another 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 can design the store to suit their needs. Per the property owner and ABC: "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 business bio/current operations owned for any showings/conversations.
Costs: Owners ask for first month rent ($8,500) and security deposit ($17,000)= $25,500.
Rent: $8,500 for the first year with 3% annual increases thereafter.
Please contact us if you have any questions.