WILSHIRE PREMIER RETAIL SPACE AVAILABLE ALONG THE WILSHIRE CORRIDOR IN THE HEART OF FAIRFAX/ MIRACLE MILE DISTRICT

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1 PREMIER RETAIL SPACE AVAILABLE ALONG THE WILSHIRE CORRIDOR IN THE HEART OF FAIRFAX/ MIRACLE MILE DISTRICT 6245 WILSHIRE LUXURY APARTMENT AND RETAIL DEVELOPMENT RETAIL SPACE DESCRIPTION 5,780 SF (divisible) Ideal for: Café s / Full Service Restaurants / Gastropub / Beer Gardens / Fast Casual Restaurants / Market / Financial Institution / Fitness Prominent Wilshire Signage For more information, please contact: BILL DURSLAG Lic william.durslag@cbre.com PETER MENNE Lic peter.menne@cbre.com

2 6245 WILSHIRE Building Description BUILDING DESCRIPTION 150 Luxury Apartments 18 Stories Located at a High Profile Signalized Corner Delivering Q min walk east to Wilshire / Fairfax Purple Line Extension 14 min walk west to Wilshire / La Cienega 1 block west of LACMA 5,780 SF of restaurant/retail space

3 6245 WILSHIRE (under construction) (under construction) (approved) (approved) Exposition Transit Corridor Phase 2 (under construction) Crenshaw/LAX Transit Corridor (under construction) Crenshaw/LAX Transit Corridor (under construction) LACMTA Exposition Transit Corridor & Station Phase 1 (under construction) Alternative Alignments Under Evaluation Exposition Transit Corridor Phase 2 (under construction) Alternative Sites for Station Under Study Crenshaw/LAX Transit Corridor (approved alignment) EMOGRAPHIC BRIEF Wilshire/ 2012 LACMTA Rodeo Century City/ Constellation Westwood/ UCLA 6245 WILSHIRE Recommended Alignment & Station Subject to Change Wilshire/ La Cienega OF UE RS EN TA AV HE S T 245 WILSHIRE BLVD Single Alignment to be Selected Westside Subway Extension (under study) LACMTA Subject to Change Metro Proposed Alignment & Station Transfers Existing Metro Rail & Station Subject to Change Westside Subway Extension (under study) Existing Metro Rail & Station Existing Metro Rail & Station Centrally Located Wilshire/ Fairfax Wilshire/ La Brea Westwood/ LACMTA VA Hospital Westwood/ Rancho Park 26th St/ Bergamot Bundy Sepulveda Palms Culver City La Cienega/ Jefferson La Brea Farmdale Crenshaw 17th St/ SMC Western Vermont Expo Park/ USC Downtown Santa Monica UBER DRIVE TIMES 10 min 5 min This large swath includes the concrete expanse between MidWilshire and the 10 Freeway, and might envelope Fairfax District, Beverly Grove, and Pico-Robertson. It s also traditionally been a place for iconic LA restaurants like Republique (formerly the home of Campanile), Jar, Lucques, AOC, Mozza, and Animal. The corner of Melrose Avenue and Highland boasts the excellent Petit Trois and tasting menu spot Trois Mec while across the street Osteria Mozza, Chi Spacca, and Pizzeria Mozza represent a triad of terrific Italianoriented restaurants by Nancy Silverton. - LA Eater

4 6245 WILSHIRE Miracle Mile/Fair Fax District 2 1 SITE 2 WILSH IRE BLV D 3 AV E 3 FA IRF AX CRESCE NT HEIG HTS 1 4 Wilshire/Fairfax Station The Wilshire/Fairfax station box will extend from between Ogden Dr and Orange Grove Av to west of Fairfax Av. A station entrance is planned for the southeast corner of Wilshire Bl and Orange Grove Av. Metro is in discussions with the Los Angeles County Museum of Art (LACMA) about adding another entrance that LACMA would fund. It would be located directly across the street on the north side of Wilshire Bl. Placing the entrance(s) on the east side of Fairfax will enhance accessibility to the many cultural Rendering below shows how the Wilshire/Fairfax Station might look. 4 institutions in this area. Having two entrances will reduce the number of pedestrians crossing at street level, while still facilitating bus connections. Construction staging is planned for the south side of Wilshire Bl on the block between Ogden Dr and Orange Grove Av. A second construction staging site is needed and will be near the northwest corner of Wilshire Bl and Fairfax Av, adjacent to Johnie s Co=ee Shop. Johnie s will be preserved and remain after construction.

5 6245 WILSHIRE By the Numbers DEMOS FOR WILSHIRE 1/2 Mile 1 Mile 2 Miles 3 Miles 1. Median Age Population ,241 43, , , ,576 46, , , (est.) 8,779 47, , , (est.) 8,998 49, , , Household (2015) 4,172 23,834 83, , Households % Change % 0.34% 0.39% 0.40% % 0.53% 0.56% 0.57% 5. Average Household Size % of Population w/4 year Degree 39.70% 42.20% 35.30% 33.10% 7. Average Income (2015) $140, $109, $100, $96, Traffic Counts (Source: Kalibrate ProjectID:126971) 37,761 CPD For more information, please contact: BILL DURSLAG Lic william.durslag@cbre.com PETER MENNE Lic peter.menne@cbre.com

6 6245 WILSHIRE Site Plan Ground Floor Uses and Parking Divisible Residents Only Crescent Heights Boulevard RETAIL 5,780 SF (Divisible) Lobby/Leasing Center Area Retail 3,748 SF 6,000 SF Wilshire Boulevard Retail/Valet Parking Entrance 2017 CBRE, Inc. We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. Macintosh HD:Users:KLou:Box Sync:Southern California:GLAOC Marketing:Property Marketing:DTLA:6245 Wilshire - BDurslag:6245 Wilshire_BRO_V11KL.indd