Rent a Retail Space in Beverly Hills

The iconic Rodeo Drive in Beverly Hills is the second-most expensive place to rent retail space in the United States. Only Fifth Avenue in New York City has more expensive retail space. Rodeo Drive is an expensive location, but there are more reasonably-priced retail spaces available elsewhere in Beverly Hills.

Why rent a temporary retail space in Beverly Hills ?

An Ephemeral commercial space can open for a single day or several weeks, even months. A flexible space rental does not commit you with a lasting lease and allows you to make an impact, raise brand engagement or validate the potential of a Beverly Hills neighborhood while benefiting from great freedom.

Storefront's selection of spaces in Beverly Hills covers a large range of use cases, such as pop up stores, showrooms, art galleries and event venues.

Beverly Hills is the perfect city to organize your commercial event!

Beverly Hills, which draws a crowd eager for discovering new products, is full of distinctive commercial venues available for rent from a few days to a couple of months: apartments, old warehouses, etc. Chandeliers? Exposed brick ? ? Whether you are looking for one-of-a-kind, bohemian or bright spaces, you are guaranteed to find on Storefront the most ideal flexible venue for the event you are organizing.

What Are the Most Desirable Locations for a Retail Space in Beverly Hills?

When Beverly Hills shoppers want to engage in retail therapy and buy the world’s most famous brands, they head to the famous Rodeo Drive area. Thus, the most desirable location for high-end retail space in Beverly Hills is in the Rodeo Drive area between Dayton Way and Santa Monica Boulevard. 

Rodeo Drive is home to world-renowned retailers such as Chanel, Gucci, Louis Vuitton, Ralph Lauren, Versace, Prada, Tiffany and Co., and Vera Wang. 

Beverly Hills also has other high-end shopping areas where shoppers can stroll from store to store. Some of these include The Grove and Beverly Center.

How Much Can You Expect to Pay to Rent Shop Space in Beverly Hills?

The vacancy rate on Rodeo Drive is extremely low, and you can expect to pay premium prices to lease space there. 

The average monthly rent for a Rodeo Drive shop is $72.91 per square foot. Retailers in Rodeo Square can expect to pay $36,000 to $64,800 per month for shop space. 

Rodeo Drive retail spaces nearer to Melrose Place are among the most expensive and start at $90,00 per month and go up to $338,400 per month for a flagship building. 

According to the Los Angeles Times, Chanel had been leasing their Rodeo Drive location for $12.6 million per month before finally purchasing it. 

Rodeo Drive is not the only place to set up shop. Choosing a storefront nearer to West Hollywood is the least expensive choice with small popup boutique storefronts running from $1800 to $5400 a month. Some of these small shops are only 200 to 850 square feet, but they are a more reasonable price for a startup company. 

What are the most sought-after locations for renting a pop-up store in Beverly Hills?

If you're looking for a space in or near the LA area to amplify your brand with a short-term rental, Beverly Hills is one of the best spots in the country for pop-up venues. The area offers high traffic and high visibility and a wide range of square footage and aesthetics. You'll have both the local high-end clientele along with shoppers and tourists from all walks of life. Storefront makes it easy to find and book your next pop-up shop in Beverly Hills. The primary shopping destination in Beverly Hills is known as the Golden Triangle, which is home to the world-famous Rodeo Drive. Just off Wilshire Avenue, and with Rodeo Drive at its heart, the Golden Triangle draws millions of people every year. Two blocks east of Rodeo Drive are Beverly and Cañon Drives, with similar high-end brands and local boutiques. A lease in this area will cost you a pretty penny but is an incredible opportunity to get brand visibility. Outside of the "Golden Triangle," you can also find space just south of Wilshire that's equally popular. If you look a bit further east on Wilshire, you can find pop-up space for slightly lower rents, as well. Anywhere you hire space in Beverly Hills will bring a wide range of clientele and give you a good bump to your brand.

How much does it cost to rent a pop-up space in Beverly Hills?

Rent for a pop-up venue in Beverly Hills will vary based on the size of the space, the value of the storefront, and location, among other considerations. You can find reasonably affordable space on the outskirts of the neighborhood, but rents climb quickly as you near Rodeo Drive. Prices range from about $350 per day for smaller spaces on the city's eastern edge to around $7,000 per day for prime real estate. Some larger spaces will go for as much as $18,000 per day or more. However, a typical retail space off Wilshire will cost you around $1,200-$2,500 per day. Overall, if you're willing to spend a bit more for the Beverly Hills brand, it's a beautiful place to search for your next pop-up space.

What are the benefits of renting a pop-up store in Beverly Hills for a retailer?

1. Make an impact at a great location with the ease of renting a temporary space - Renting a pop-up store in Beverly Hills has a few advantages over renting permanent space in the heart of the city. Renting a pop-up space lets you create the experience you want with the designers and products you prefer. The lack of a permanent lease makes it easy to pack up and leave if you are unsure of your success. Your budget will be in control, and you will know if it is time to rent a permanent location.
2. Demo retail creativity in an in-between time, but with no commitment. Pop-up stores in Beverly Hills bring on the creativity that often does not apply in a long term retail setting.

What is the ideal duration to rent a pop-up shop in Beverly Hills?

Pop-up stores typically have a minimum duration of 1 day or even longer. On average, pop-up shop renters stay for 1-2 months, so you can effectively organize and maximize your space rental to the fullest. It would be best if you leveraged every online channel to bring awareness to your pop-up. Be sure to check your local media for any press coverage as well.

Useful Tips to make your pop-up venue a success in Beverly Hills

Success is key to making sure you have a solid concept in place and pick the right venue to bring the right message. Don't be deterred by the concerns you might have about security and temporary business permits. You should know your legal obligations before you sign your contract and if you need any additional details, contact your local city hall. Do your homework! Find out about your venue's financial status, address, security measures, etc. Choose a location that is appealing to both your brand and to the neighbourhood you want to activate. Make sure you negotiate a deal that is beneficial to both you and your venue. If the venue seems too far from your target market, you might be better off renting in another city.