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1059 BROXTON | page 1

COLLIERS INTERNATIONAL865 South Figueroa St | Suite 3500

Los Angeles, CA 90017www.colliers.com

1059

BROXTON Westwood | California

GABE KADOSH Vice PresidentLic. 01486779+1 213 861 [email protected]

please do not disturb tenant

| 1059 BROXTON

Executive Summary1059 Broxton1059 Broxton Avenue is a prime, ground-floor retail space situated at the epicenter of the affluent and highly coveted Westwood market. The available retail space benefits from approximately 2,400 feet of street frontage on Broxton Avenue, a dense retail destination in a high-foot-traffic area neighbored by retailers such as Chipotle, Whole Foods, and Barney’s Beanery. Located just one block west of Westwood Village, a popular shopping, nightlife and dining destination, and three blocks south of UCLA, the country’s top public university, 1059 Broxton Avenue is strategically positioned at the heart of a vibrant retail hub for students, business professionals, and tourists alike.


KEY FEATURES1059 Broxton Avenue is a prime ground-floor retail space situated at the epicenter of the affluent and highly coveted Westwood market The property is located along Broxton Avenue. Positioned as a 2nd generation restaurant.

• Large Outdoor Patio

• Fully Equipped Kitchen

• Ventilation shaft for restaurant use

• Grease Interceptor

• High-quality, wood finishes

• Designated Parking

• $75,000 Key Money

Property Overview

Available ±2,400 square feet + Mezzanine

Lease Expiration 11/30/2023

Base Rent $19,354.19

| 1059 BROXTON

Area Highlights• At the center of a vibrant retail sector surrounded

by affluent neighborhoods with an active student population, who take advantage of the ample retail amenities that Westwood has to offer

• Local employees, students, and faculty are incentivized to shop at local retailers thanks to the Westwood Village Discount Program

• Consumer spending within a 3 mile radius is over $3 Billion

• One block from UCLA; UCLA Student and Faculty Population: 80,000

• Neighboring Tenants: Nushii Sushi, Chipotle, Whole Foods, AMI Japanese, Landmark’s Regent Theatre, Barney’s Beanery, Verizon, and Ulta Beautys

Consumer Snapshot

Walk Score

93Public Transit

81

| 1059 BROXTON

SITE PLAN

| 1059 BROXTON

Market Overview

WESTWOOD Westwood is an affluent Los Angeles neighborhood infused with history, culture, and the top public university in the nation, the University of California Los Angeles. Westwood is flanked by Bel-Air to the north, Beverly Hills to the east, Century City to the south, and Brentwood to the west. Westwood is the future site of the Metro’s Purple Line Subway Station, which will connect downtown Los Angeles to the Westside for convenient and seamless travel. This well-maintained neighborhood will also soon to be home to nearly 600K SF of Google offices as they prepare to lease space in the Westside Pavilion shopping mall coming 2022

DEMOGRAPHICS (source: CoStar)

1-mile 3-mile 5-milePOPULATION2019 Estimate 50,906 223,926 571,0302024 Projection 51,870 227,999 580,008Population Growth 2019-2024 1.89% 1.82% 1.57%2019 Average Age 32 39 40HOUSEHOLDS2019 Households 18,780 99,938 263,0642024 Households 22,477 91,456 202,180Household Growth 2019-2024 2.28% 1.75% 1.42%Median Household Income $58,420 $93,262 $89,758Average Household Size 2.0 2.10 2.10Average HH Vehicles 1 2 2

Employee base of 545,020 within a

5-mile radius

Average household income is $93,262 within a 3-mile radius

69% of the population within

3-miles has a Bachelor’s degree

or higher

Average age of 39 within a 3-mile radius

Population of 571,030 within a

5-mile radius

Westwood has a 90% occupany rate


AMENITIES MAP

Gabe KadoshVice President Lic. 01486779+1 213 861 3386 [email protected]

Colliers International865 South Figueroa StreetSuite 3500Los Angeles, CA 90017www.colliers.com/greaterlosangeles

For more information, please contact:

Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. This publication is the copyrighted property of Colliers International and/or its licensor(s). 2018. All rights reserved.

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