3785 Wilshire Blvd, L.A., CA

(213)251-9000

Solair Retail

SOlair retail

Prime koreatown location

Fast Building

Solair Retail enjoys a prime location, adjacent to an MTA metro station, offering convenient access to a large commuter population.

Adjacent to MTA Metro Station (Purple Line)

Located in a prime location, adjacent to an MTA metro station, offering convenient access to a large commuter population.

ample Parking

150 parking spaces for retail in underground garage.

Market demands

solair retail

Solair Retail Property is attuned to evolving market demands and consumer trends, catering to a diverse customer base. The property’s location in the vibrant and cosmopolitan city of Los Angeles ensures access to a diverse population with varying tastes and preferences. By staying abreast of market demands, the property continuously attracts new and exciting businesses that align with the evolving needs of shoppers.

investment summary

Property Information

Location

3785 Wilshire Blvd
Los Angeles, CA 90010

Offering Price

Negotiable

Project Size

333,324 Sq. Ft.

Land Size

Retail Area

41,000 Sq. Ft.

Parking

150 Parking Spaces
(3.7 per 1,000)

Investment Highlights

Prime Central Location – Solair Retail is strategically located in a high-traffic area of
Koreatown with excellent visibility and accessibility, making it attractive to both shoppers and retailers

Newer Construction – The Solair development was constructed in 2009 with Type I
construction. The high-rise construction provides durability with a longer lifespan reducing the need for maintenance and upkeep expenses.

Diverse Tenant Mix – The center boasts a well-curated mix of national and local retailers,
restaurants and service providers, contributing to a dynamic shopping experience.

Stable Cash Flow – The combination of long term leases and consistent foot traffic
ensures a reliable stream of rental income, enhancing the potential for steady cash flow.

Upside Potential – Existing leases have imbedded rental increases providing for a steady and reliable increase in future income. The onsite digital media billboard also produces income with potential for significant increases in revenue.

Staggered Lease Expirations – Twenty-One (21) tenants with various lease terms
mitigates risk associated with vacancies and allow Ownership to focus on retaining existing Tenants. This also provides flexibility for Ownership to adapt to current market conditions including rental rates, terms, and concessions depending on prevailing market trends.

Public Transportation – Solair retail benefits from direct access to multiple public
transportation including subway (Purple Line) and various bus lines.

Significant on-site Parking – The subterranean parking lot with over 150 parking spaces
is convenient for Tenants and Guests. On-site parking provides safety and reduces the
potential for vandalism.

SITE plan

First Floor

Second Floor

Current tenancy

Solair Retail offers a comprehensive list of tenancies, showcasing a diverse range of businesses and services available in the area.

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Property Images

Solair Retail stands as a shining beacon of commercial excellence in Los Angeles. Its prime location, striking architectural design, and diverse tenant mix make it a highly sought-after destination for businesses and shoppers.