True
Space Available For Lease 1
Corner Retail Space |
DTLA retail/office space for lease in the busy and well-known PROMENADE PLAZA! |
Contacts
QUIXOTIC REALTY
realestateLA.com
Property Details
- Property Type Retail
- Property Size 26,282 SF
- Lot Size 1.2 Acre
- Property Tenancy Multi-Tenant
- Year Built 1980
- Date Updated May 19, 2026
This property is located on the CORNER OF 1ST/HOPE ST right across the street from the DWP Building, Disney Hall, Music Center, and a block away from the mega Frank Gehry development, The Grand! This property is also a short walk to the soon to be completed new subway station! The property is a residential condo building upstairs known as the Promenade Towers and the retail below where the space is available is known again as the Promenade Plaza. Share the plaza with a great tenant mix including a Subway, a cafe, an acupuncture & herbal medicine office, a nail salon, a physical therapist and two restaurants! Retail tenants have 24/7 access to the space and plaza. There’s a ON-SITE PARKING garage for the building as well where people can park for a daily or monthly fee. It is also possible for retail tenants to validate their customers parking as well!
Reach out to the broker for more info on lease terms and amenities
Getting around
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92/100
Walk Score ®
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100/100
Transit Score ®
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70/100
Bike Score ®
Location
- City Los Angeles, CA
- Neighborhood Downtown Los Angeles
- Zip Code 90012
- Market Los Angeles
Points of Interest
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Grand Avenue Arts/Bunker Hill
0.11 miles
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Civic Center/Grand Park
0.25 miles
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Civic Center/Grand Park Station
0.30 miles
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Olive Street
0.33 miles
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Hill Street
0.36 miles
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Historic Broadway
0.38 miles
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Pershing Square
0.40 miles
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7th Street/Metro Center Station
0.68 miles
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7th Street/Metro Center
0.70 miles
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Union Station
0.90 miles
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Chevron
0.78 miles
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Shell
0.90 miles
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United Oil
1.34 miles
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76
1.37 miles
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Arco
1.40 miles
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Electric Vehicle Charging Station
3.25 miles
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FLO
7.83 miles
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Parking electrique
8.03 miles
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Tesla Supercharger
8.41 miles
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Culver City Supercharger
9.34 miles
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LADWP Employee Parking Only
0.08 miles
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Music Center Parking
0.18 miles
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Promenade Towers Parking Garage
0.20 miles
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Angelos Plaza
0.26 miles
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Wells Fargo Center Parking Garage
0.28 miles
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333 South Hope Parking Garage
0.30 miles
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Grand Park Parking Garage
0.32 miles
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Grand Central Square Parking Garage
0.36 miles
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City National Plaza Parking Garage
0.37 miles
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Aramark
9.24 miles
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Bak's Kitchen
0.01 miles
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Subway
0.01 miles
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Âu Lạc
0.02 miles
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Patina
0.10 miles
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Upstage Burger
0.11 miles
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Kendall's Brasserie
0.13 miles
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Otium
0.14 miles
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Abernethy's
0.16 miles
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Vespaio
0.17 miles
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Lemonade
0.21 miles
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Marukai Market
0.64 miles
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Weller Court
0.64 miles
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Los Angeles Jewelry center
0.68 miles
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Grocery Outlet
0.70 miles
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Little Tokyo Mall
0.74 miles
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Burlington
0.77 miles
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Bob's Market
0.78 miles
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The Bloc
0.78 miles
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Macy's
0.79 miles
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Target
0.79 miles
700 W 1st St Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
700 W 1st St is located in Downtown Los Angeles, which is home to a total of 135 listing(s). Retail space at Promenade Plaza asks $2.00/SF/MO per square foot.
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The property includes 2,733 square feet of retail space for lease. Of this total, 2,733 square feet are Retail.
Lease agreement conditions for the availability at this property include Gross + Electric.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Los Angeles is 38. The average household income here is $44,832 per year.
QUIXOTIC REALTY
realestateLA.com
