hq by wework creative office building this is sunset...hollywood’s sunset strip is on pace to open...

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Renderings subject to change. RYAN GURMAN +1 310 650 7545 [email protected] Lic. 01972081 HQ by WeWork Creave Office Building 8305 W. Sunset Blvd, West Hollywood CA, 90069

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Page 1: HQ by WeWork Creative Office Building THIS IS SUNSET...Hollywood’s Sunset Strip is on pace to open Summer 2020, announced Pendry Hotels & Resorts last week.” “The Strip is still

Renderings subject to change.

RYAN GURMAN+1 310 650 [email protected]. 01972081

HQ by WeWorkCreative Office Building

8305 W. Sunset Blvd, West Hollywood CA, 90069

THIS IS SUNSET

Page 2: HQ by WeWork Creative Office Building THIS IS SUNSET...Hollywood’s Sunset Strip is on pace to open Summer 2020, announced Pendry Hotels & Resorts last week.” “The Strip is still

Tenants

THIS IS SUNSET

Page 3: HQ by WeWork Creative Office Building THIS IS SUNSET...Hollywood’s Sunset Strip is on pace to open Summer 2020, announced Pendry Hotels & Resorts last week.” “The Strip is still

Property Highlights ↗ On the World-Famous Sunset Strip

↗ Ground Level of Creative Office Building

↗ Several Iconic Hotels just footsteps away

↗ Adjacent to Hollywood Hills’ Bird Streets

↗ Availability:

Unit A - ± 1,800 SF | Unit B -±1,450 SF

Property DetailsSubmarket: West Hollywood

Parking: 134 Parking Spaces

Current tenants: Cycle Bar, Remedy Place, HQ by WeWork

Page 4: HQ by WeWork Creative Office Building THIS IS SUNSET...Hollywood’s Sunset Strip is on pace to open Summer 2020, announced Pendry Hotels & Resorts last week.” “The Strip is still

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Fountain AveFountain Ave

Santa Monica BlvdSanta Monica Blvd

Santa Monica Blvd

Santa Monica Blvd

Sunset Blvd

Sunset Blvd

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Sunset Blvd

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area map

Page 5: HQ by WeWork Creative Office Building THIS IS SUNSET...Hollywood’s Sunset Strip is on pace to open Summer 2020, announced Pendry Hotels & Resorts last week.” “The Strip is still

ELEV

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(E)STAIR#1

(E)STAIR#2

(E) SERVICECORRIDOR

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(E)SHWR

(E) PARKINGENTRY

(E)ELEVATOR

"A"

S U N S E T B O U L E V A R D

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(E)PASSAGE

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RAMP

8305 SUNSET FIRST FLOOR TENANT SPACE MAY 2019

PATIO A PATIO B

19'-8

"

15'-0 3/4"

33'-11 1/2"17'-0

"

6'-6"3'-1 1/2"

floorplans

Unit A: ±1,800 SFShell Space

Unit B:±1,450 SFShell Space

UNIT A

UNIT B

Page 6: HQ by WeWork Creative Office Building THIS IS SUNSET...Hollywood’s Sunset Strip is on pace to open Summer 2020, announced Pendry Hotels & Resorts last week.” “The Strip is still

demographics

Population 1 Mile 3 Miles 5 Miles

2018 Population - Current Year Estimate 40,807 249,473 796,485

2023 Population - Five Year Projection 41,847 261,863 827,862

2018-2023 Annual Population Growth Rate 0.50% 0.97% 0.78%

Household Income 1 Mile 3 Miles 5 Miles

2018 Average Household Income $116,009 $118,598 $105,820

2023 Average Household Income $141,403 $142,293 $126,596

2018 Median Household Income $76,057 $72,895 $62,400

2023 Median Household Income $93,658 $89,600 $76,472

2018 Per Capita Income $72,276 $62,976 $47,493

2023 Per Capita Income $87,525 $75,004 $56,483

2018 Housing Units 27,061 141,697 379,293

2018 Vacant Housing Units 1,663 6.1% 10,424 7.4% 26,561 7.0%

2018 Occupied Housing Units 25,398 93.9% 131,273 92.6% 352,732 93.0%

2018 Owner Occupied Housing Units 6,467 23.9% 33,163 23.4% 92,464 24.4%

2018 Renter Occupied Housing Units 18,931 70.0% 98,110 69.2% 260,268 68.6%

Page 7: HQ by WeWork Creative Office Building THIS IS SUNSET...Hollywood’s Sunset Strip is on pace to open Summer 2020, announced Pendry Hotels & Resorts last week.” “The Strip is still

Local Happenings & Development

Urbanize LA

“The 13-story building fronting Sunset Boulevard will serve as the hotel portion of the project with 190 guest rooms. Amenities include a signature restaurant, a spa, a 24-hour fitness center, meeting and event space, and a rooftop pool and bar.”

Urbanize LA

“A $500-million hotel and condo complex now rising on West Hollywood’s Sunset Strip is on pace to open Summer 2020, announced Pendry Hotels & Resorts last week.”

“The Strip is still a prime destination for swish music, entertainment and partying, plus superb dining, and ultra-stylish shopping.”

Urbanize LA

“The $300-million project features 190 hotel rooms and 20 luxury condominiums.”

Los Angeles Magazine

“Soho House meets L.A.’s fixation on health at the new Remedy Place, a Sunset Strip private club where members can, among other things, sit, socialize, and enjoy IV drips together.”

“ Envision a classic Hollywood scene and it’s almost certain that sunshine and cruising along in a convertible are involved. And there’s no spot more legendary to cruise than Sunset Boulevard”

CNN

Visitwesthollywood.com

Page 8: HQ by WeWork Creative Office Building THIS IS SUNSET...Hollywood’s Sunset Strip is on pace to open Summer 2020, announced Pendry Hotels & Resorts last week.” “The Strip is still

© 2019 CBRE, Inc. All rights reserved. This information has been obtained from sources believed reliable, but has not been verified for accuracy or completeness. Any projections, opinions, or estimates are subject to uncertainty. The information may not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property and verify all information. Any reliance on this information is solely at your own risk. CBRE and the CBRE logo are service marks of CBRE, Inc. and/or its affiliated or related companies in the United States and other countries. All other marks displayed on this document are the property of their respective owners. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

THIS IS SUNSET

RYAN GURMAN+1 310 650 [email protected]. 01972081

Renderings subject to change.

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