Possible Medical Marijuana Cultivation Space for Lease

1543/1555 Venice Blvd Los Angeles, CA 90006

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FOR LEASE
Property Type:
Warehouse
Amount:
Please Call Broker for Price

Last Verified:
Sep 29, 2017


Description

Retail space on the bottom floor, office on the top floor. Needs refurbishment; Central Los Angeles location on Venice Blvd, with dense foot traffic.

Possible Medical Marijuana Cultivation Space for Lease (Lessee to Verify the Use)
The Space on the bottom floor, office on the top floor. Needs refurbishment; Central Los Angeles location on Venice Blvd, with dense foot traffic.

Located on a heavy traffic street outside of Downtown Los Angeles. Just north of the 10 and west of the 110 freeways respectively.


Year Built: 1923
Building Size: 14350.0sq ft
Lot Size: 0.32 acres

Units for Lease

1543/1555 Venice Blvd
Lease Type: Gross

Map of 1543/1555 Venice Blvd, Los Angeles, CA, 90006

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Real Estate Incentives (What is this?)
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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.