FOR LEASE 6759 HOLLYWOOD BLVD, LOS ANGELES, CA CHANDELIER PASSAGE UNDER CONSTRUCTION PART OF PLANNED HOLLYWOOD HOTEL RSF AVAILABLE

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1 FOR LEASE 6759 HOLLYWOOD BLVD, LOS ANGELES, CA UNDER CONSTRUCTION PART OF PLANNED HOLLYWOOD HOTEL RSF AVAILABLE DENLEY INVESTMENT & MANAGEMENT JUSTIN RUBEL T DENLEYINVESTMENT.COM

2 TABLE OF CONTENTS Property History Page 3 Site Overview... Page 4 Aerial Maps... Page 5-7 Hollywood Economic Trends... Page 8-12 Demographics Page 13 Area Retail & Amenities... Page

3 PROPERTY HISTORY The property was originally the home of Café Montmartre, the famed 1920 s hangout for celebrities, and the oldest club in Hollywood. Frequented at the time by Charlie Chaplin and William Randolph Hearst to name a few, Café Montmartre became a country-wide name and was sought out by tourists seeking to meet those in the limelight. The club, today known as Cashmere, still occupies the second floor. The first floor was originally occupied by a bank, the original Italian Renaissance architecture remaining on half the floor. The other half was converted to a convenience store, then a café/bakery, and is now the proposed site for a passage leading into the planned hotel, separating an available restaurant and available retail. 3

4 SITE OVERVIEW Retail Available Monthly Rate Occupancy Term RSF Available Upon Request 4 6 Months 5 Years Click Here To Download Site Plan Features Small Retail locations of square feet Part of planned Hollywood Hotel Tremendous visibility, foot and traffic counts Street and lot parking nearby Retail support from adjacent stores Adjacent to the world-renowned Wax Museum Close, easy access to 101 Freeway and Metro Station at Highland Ave 4

5 Hollywood & Highland Loews Hotel

6

7 AERIAL MAP FACING NORTH +/-76,000 CPD Hollywood & Highland Center Highland Ave Parking McCadden Pl Parking Las Palmas Ave Yucca Ave +/-70,000 CPD +/-40,000 CPD Hollywood Blvd 7

8 HOLLYWOOD TRENDS - POPULATION Hollywood, CA is bordered by Beverly Hills, West Hollywood, Glendale, and Hancock Park. Renowned for its cultural diversity and role in developing the entertainment industry, the city s population is not only growing, but is becoming more educated. With a 2013 population over 210,000, the city boasts a remarkable 84.8% of residents 25 years or older with a high school diploma and 46.7% with a bachelor s degree. That s compared to 76.9% and 30.1% respectively in the County of Los Angeles. Source: Economic Trends in Hollywood: 2015 Report Prepared by Beacon Economics 8

9 HOLLYWOOD TRENDS - EMPLOYMENT Private sector employment in Hollywood has seen significant increases in many industry sectors, and overall increased by 2.4% from Industries experiencing employment growth over 2% are Health Care, Information (Technology, Startups, and Major Motion Picture Companies), Financial Services, Wholesale Trade, Transport/Distribution, and Construction. Also notable is that employment in the Professional, Scientific, Technical, and Management industry has grown by nearly 1,000 jobs since Source: Economic Trends in Hollywood: 2015 Report Prepared by Beacon Economics 9

10 HOLLYWOOD TRENDS BUSINESS, TOURISM Tourism in Hollywood is on the up-and-up. The number of unique visitors to Hollywood is approximately 1.77 million daily, spending on average $156 per visitor daily (2.2 persons) million reflects visitors from all over the world, and includes LA County residents. In 2013, Gross Annual Receipts increased to $10.3 billion. Retail trade grew 6.6% year-over-year, with retail trade accounting for nearly one-fourth of all gross receipts in Hollywood. Gross receipts for Arts & Entertainment grew by 17.2% and Accommodation & Food by 6.6% respectively. Source: Economic Trends in Hollywood: 2015 Report Prepared by Beacon Economics Source: Hollywood Business & Community Profile, Edition 10

11 HOLLYWOOD TRENDS BUSINESS, TOURISM A testament to the up-tick in Tourism is the increased development of Hotels in Hollywood and the financial figures supporting this growth. From , Revenue per Available Room grew 12.2%, a correlation between the increase in Average Daily Room Rate over the same period. Hollywood hotels versus Los Angeles County at large earned nearly 21% more Revenue per Available Room in 2014, with even slightly less occupancy than its counterpart. Source: Economic Trends in Hollywood: 2015 Report Prepared by Beacon Economics 11

12 HOLLYWOOD TRENDS CONSTRUCTION Construction in Hollywood is also experiencing a resurgence. The city has more office space under construction than anywhere in Los Angeles County. And to support the population growth from the increase in the city s employment, developers have supplied housing 1,315 multifamily units are under construction in 2015 with close to 5,000 more in the development pipeline. Retail construction is also underway, with $46.5 million permitted in , the bulk coming from larger developments such as Target on Sunset and Western. Source: Economic Trends in Hollywood: 2015 Report Prepared by Beacon Economics 12

13 DEMOGRAPHICS 1 Mile 3 Mile 5 Mile Annual Spending ($000s) Population (2017 Estimate) Population Growth ( ) Median Age Households (2017 Estimate) Average Household Size Average Household Income Renter Occupied Households $629,428 $3,826,538 $9,647,038 53, , , % 3.49% 3.28% , , , $70,639 $85,546 $81, % 79.35% 76.89% 13

14 LOCAL RETAIL & AMENITIES HOLLYWOOD BLVD 1. Hollywood & Highland 2. Roosevelt Hotel Grauman s Chinese Theater 4. Loews Hotel Hollywood 5. Starbucks Kino Sushi 7. Ripley s Believe It or Not The Egyptian Theater 9. Dolby Theatre 10. El Capitan Theatre Hard Rock Cafe 12. U.S. Bank 13. The Rubix 220 Luxury Lofts 14. Jefferson at Hollywood 280 Units 15. Hollywood Wax Museum 16. Musician s Institute 14

15 AREA RETAIL & AMENITIES 6759 HOLLYWOOD BLVD 1. Hollywood & Highland 2. Roosevelt Hotel 3. Grauman s Chinese Theater Loews Hotel Hollywood 5. Starbucks 6. Musso & Frank Grill 7. Tinhorn Flats 8. W Hollywood Hotel 9. Pig & Whistle Restaurant 10. Wax Museum 11. Hard Rock Cafe 12. Beso Restaurant 13. Playhouse Theater 14. Redbury Hotel 15. Pantages Theater 16. Musician s Institute No warranty or representation is made to the accuracy of the information enclosed. Terms of lease are subject to change or withdrawal without notice. 15

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