Street Retail for Lease

431 S Broadway Los Angeles, CA 90013

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FOR LEASE
Property Type:
Street Retail
Last Verified:
Jul 18, 2017


Description

3,000 SF of groundfloor retail space with 3,000 SF of basement.

Located on South Broadway between 4th and 5th street on the Western side of Broadway.

Building Size: 26628.0sq ft
Lot Size: 0.0 acres

Units for Lease

431 S Broadway
Lease Type: NNN
Price Per Sqft/Year: $2.0

Map of 431 S Broadway, Los Angeles, CA, 90013

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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.