- For Lease $2.00 - $3.00/SF/MO
- Property Type Retail
- Property Size 26,282 SF
- Lot Size 1.2 Acre
- Property Tenancy Multi-Tenant
- Year Built 1980
- Date Updated Sep 16, 2026
Description
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!
True
2 Spaces Available
GRND FLR MEDICAL SPACE
Healthcare
$3.00/SF/MO
1,300 SF
1
875 - 1,300 SF
Immediate
Gross + Electric
No
Full build out
No
716 W 1st St Unit A
This space is currently occupied by an urgent care tenant, downsizing his unit, making it into two units. Space is technically permitted as sanitarium. Other types of uses such as normal retail or a professional office are also possible. Multiple ways to subdivide the space if one wants more or less space.
Large CORNER Retail Space in Higher End DTLA Area
Retail
$2.00/SF/MO
2,733 SF
1
2,733 - 2,733 SF
Immediate
Gross + Electric
Yes
No
No
700A
DTLA retail/office space for lease in the busy and well-known PROMENADE PLAZA!
Contacts
QUIXOTIC REALTY
realestateLA.com
Location
Located at 700 W 1st St, Los Angeles, CA 90012, this property is part of the Downtown Los Angeles neighborhood and Los Angeles market.
QUIXOTIC REALTY
realestateLA.com
