NNN Romantix - North Hollywood

The North Hollywood Arts District, commonly known as NoHo Arts District, is a dynamic enclave in North Hollywood, celebrated for its eclectic mix of contemporary theaters, art galleries, cafes, and boutique shops. This one-square-mile community thrives as a cultural hub, hosting over 20 professional live theaters, numerous dance studios, and a variety of art workshops and music recording venues. It’s a place where creativity meets community, offering international dining experiences, unique shopping options, and a vibrant street scene that attracts artists and art lovers alike. NoHo Arts District stands as a testament to North Hollywood’s transformation into a key destination for arts and entertainment within Los Angeles. North Hollywood, part of the San Fernando Valley in Los Angeles, California, boasts a diverse regional economy that reflects a vibrant mix of entertainment, arts, and manufacturing sectors. As a crucial hub within the entertainment capital of the world, North Hollywood is home to numerous television and movie studios, leveraging its proximity to Hollywood and contributing significantly to the area’s economic vitality. The NoHo Arts District, in particular, serves as a cultural and economic focal point, hosting a variety of theaters, art galleries, cafes, and shops that attract talent and tourists alike. Additionally, the presence of manufacturing and retail sectors adds to the economic diversity, providing a broad spectrum of employment opportunities and supporting the area’s overall economic health. This dynamic economy is underpinned by a robust infrastructure that includes transportation networks facilitating regional connectivity and business growth.The Subject Property is a +1,788 square foot, single-tenant, NNN-leased retail property on a +4,500 square foot lot located in North Hollywood, CA. It is currently leased to Romantix, which recently renewed its lease for an additional 10 years. Positioned on Lankershim Boulevard between Camarillo Street and Magnolia Boulevard, the property includes onsite parking with five spaces, plus one handicapped space, accessible via an alley at the rear. This property is ideally located in the bustling North Hollywood Arts District, an area celebrated for its dynamic arts scene and diverse entertainment offerings. It benefits from high foot traffic and a strong demographic profile, with an average household income of $110,908, making it an attractive location for businesses.Lease Description