SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet

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SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet
10612 SOUTH PRAIRIE AVENUE

Hollywood Park Sports + Concerts Cluster
SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet
SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet
10612 Spa
                                                                Subject Property

                Looking Southeast, from Prairie Avenue and Century Boulevard:
The Los Angeles Clippers Arena, completing September 2024, will straddle South Prairie Avenue
 (‘Spa’) from Century to 104th St. The subject property is on Prairie between 106th and 107th streets
                           and a two-minute walk to the arena’s plaza.
SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet
Hollywood Park 1938

                      The Forum 1967
SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet
Chargers | Rams Stadium 2020

Clippers Arena 2024
SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet
This exclusive offering of retail real property and an alcoholic beverage license
( 48 ) represents an ingenious private investment in anticipation of the July 2020
opening of the Los Angeles Stadium (NFL Chargers, NFL Rams) and, 1300’ up
Prairie Avenue from this site, the September 2024-opening NBA Clippers Arena.
Together with The Forum, as well as the planned Theatre at Hollywood Park,
Inglewood’s cluster of sports and concerts venues constitutes the highest seat
count of any entertainment district in the world.
The Bar on Spa can offer cocktails and beers with a casual food menu: the best
place to “pre-game” before heading to the stadium and a dank place to celebrate
football wins with cocktails, live music, and dancing.
                                 CAPACITY

The Forum                        17,500 | 8,000

Los Angeles Stadium              100,240 | 70,240

Theatre at Hollywood Park        6,000

Clippers Arena                   18,000
SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet
The sports and music venues at and around Inglewood’s Hollywood Park are the
catalyst for a far wider redevelopment of this area of West Los Angeles,
leveraging the obsolescence of much of Los Angeles’ aging office supply. Such
projects include at Hollywood Park (+) and at the Clippers Arena (//):
+ 179,055 square feet of Class A Office at Prairie / Century debuting 2021
+ 500,000 square feet of family-oriented retail anchored by a water feature
+ 2,500 residential units completing by 2028 at a rate of 350 year starting in 2020
// 71,000 square feet office; 65,000 square feet retail; training facility and clinic

To the South, North, & East of the Bar on Spa four hotels are forthcoming:
Tru by Hilton            120 rooms | 111th St & Prairie | 2020 Debut
The Hosts                175 rooms | Century Blvd off Prairie | 2020 Debut
Hollywood Park hotel     300 rooms | 2022 Super Bowl Debut
Clippers Arena hotel     150 rooms | Century Blvd at Doty | 2024 Debut
SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet
Above: 10612 Spa, the subject property, (blue façade) holds 50’ of frontage
on the block of Spa between 106th and 107th streets.

Below: 1422 Spa. Two Class A office buildings being filled up by the same
leasing team that brought Netflix to East Hollywood from Beverly Hills. As
demand grows the site can accommodate up to 780,000 square feet of space.
s
SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet
SPA
SOUTH PRAIRIE AVENUE                           The Forum
        The High Street
                                               402 S P A
  at the World’s Preeminent
  Sports + Concerts Cluster

                                                    HP Music Theatre
                                                           902 S P A
                                                   NFL Stadium
                                                     1202 S P A
                                                 Class A Campus
                                                    1422 S P A
                                               Retail District
                                                 1522 S P A

                       Clippers Training         Hosts’ Hotel      Ballmer Hotel
                              10001 S P A          3900 W C            3700 W C
                                               Clippers Arena
                                                 10002 S P A

                                               Subject Property
                                                  10612 S P A

                               tru by Hilton
                                11111 S P A

                                                                  M&M
                                                      Live Entertainment Cartographies
SOUTH PRAIRIE AVENUE - Hollywood Park Sports + Concerts Cluster - LoopNet
The property’s price is $1,300,000,
              including an alcoholic beverage
                license (48) that permits live
                   musical entertainment.

Bar on Spa   Bar/Building       2,860 sf
             Lot                0.15 AC
             Parking            11 Spaces
             Traffic Count      38,758 per day
             Height Limit       75’ / 6 stories
             Setbacks           None required
             Zoning             Commercial
             General Plan       INCYY
Hollywood Park will host
Super Bowl        2022
NCAA Playoffs     2023
World Cup Finals 2026
Olympics          2028
Marcus & Millichap
               515 S Flower St Los Angeles

Adlee Efraim                            310 : 498 : 5193
ca 02028358

Eitan M. Fattal                         818 : 454 : 6158
ca 02088201

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