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studioTBD’s persistence & determination leading the schools’ site development process delivered a facility accomplishing what no one dreamed was possible:
- Local to existing and desired student population
- A.D.A. Accessible
- Independent, not sublet
- Provides a potential permanent Home
- Clean and Safe Site w/ 24/7 Security
- Abundance of Dedicated Parking
- High- Quality Construction
- Existing and 99% usable Quality Tenant Improvements worth $2.8 million
- Requires Minimal Construction to occupy
- Enough Area to Institute our Complete Curriculum
- daylight opportunities to every classroom
- all-school meeting area for performances and back to school events
- Adjacent to a state of the art 20+ Acre State Park
- Adjacent to Planned LA River Revitalization
- Adjacent to planned Metro-Link station within ½ mile
- Affordable lease and Operating Expenses well within the school’s target budget
- Landlord contributions of $235,865 toward construction and professional costs
Building/Lease Specs:
- Building that is 47,173 square feet.
- 10-Year Lease Term.
- 10-Year Option to Extend, providing an effective 20-Year lease.
- Right of First Offer to Purchase which means we could own the building.
- Ability to Assign or Sublease if necessary.
- Cancellation Provision which limited our liability during the entitlement phase.
- Conditions, Covenants & Restrictions assuring continued quality of the common areas.
- NO physical defects, deficiencies, damage(s) and/or repairs needed for the Premises.
- Excellent Condition and Availability of all:
♣Electrical Services and Equipment
♣Mechanical Systems
♣Plumbing Systems
♣Fire Sprinkler Systems
WHAT MADE THIS OPPORTUNITY WORTH FIGHTING SO HARD FOR you might ask...
CO-LA(B)- o r a t i v e
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