Property ID: HZ8864196
  • Business Opportunity
  • Property Type


Presently an upscale tea beverage shop in super convenient location of DTLA. The new concept tea shop has been known as Cha Redefine and generated significant followers for high quality tea beverage in greater LA area. This is not a franchise opportunity so buyer can use different trade name other than the present trade name. The space was completely renovated in early 2021 to bring the highest quality craft and design to a beverage shop, and the complete built out is over 160k plus over 40k equipment included in the asking price. The existing lease is structured as NNN of $395/month and base rent of $4120/month with 3% increase annually, the last two months are rent free. Current lease will be expired on October 2025 with the option to extend additional 60 months (to 2031). This is truly a singular exceptional business opportunity for any beverage entrepreneurs/investors looking to expand their business in downtown LA.

  • Address 507 S Spring
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90013
  • Area C16 - Mid Los Angeles
  • Country United States


Updated on July 6, 2023 at 7:08 pm
  • Property ID: HZ8864196
  • Price: $150,000
  • Property Type: Business Opportunity
  • Property Status: For Sale
  • MLS#: AR23120531
  • Agent Name: Bao Han
  • MLS Status: Active
  • Agent State License: 01932060

Additional details

  • County: Los Angeles

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Lianna Shahinyan
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