The weekend and many evenings find the sidewalks of Sunset Junction in Silver Lake busy with shoppers, diners and people who just want to soak up the scene. But any entrepreneur who is thinking about joining the pack of shop and cafe owners along Sunset Boulevard better have deep pockets and a sharp business plan in place.
Case in point is Le Pink & Co., the Sunset Boulevard purveyor of cosmetics, candles as well as classic candy. This modern-day apothecary painted in pink is now up for sale at an “undisclosed price,” according to LoopNet. What is disclosed, however, is the rent: $2,500 a month for the 800 square-foot shop. The location, according to the listing, can’t be beat:
Being in one of the few “walking neighborhoods” on the East Side, retail locations in Sunset Junction are highly coveted and not often available. Its worth it to be here for the foot traffic you will get on weekends alone. Constantly listed in newspapers, magazines and websites as one of the most desirable areas to live in, any business you start in Sunset Junction will have an instant upper hand and benefit from the continual press and interest in this neighborhood.”
The current lease expires in July 2014, with the landlord agreeing to extend the agreement for three years. But expect to pay $2,900 a month during the last of those two years.