421 Rodeo Drive, Beverly Hills

OVERVIEW

A jewel-box flagship in the heart of the corridor

421 Rodeo Drive is a 1,510 SF standalone retail building with wraparound glazing, double-height ceilings and a corner entry that pulls foot traffic straight off the sidewalk. Northgate positioned it as a turnkey flagship for a designer tenant — and ran a quiet, targeted process that produced multiple qualified offers within the first month.

The winning tenant signed a full-term lease with structured escalations and a storefront improvement package funded at signing. Ownership moved from a long vacancy to a credit-backed flagship without a single day of public marketing.

Lease highlights

• Full-term flagship lease with annual escalations and renewal option.
• Corner glass frontage with dedicated Rodeo Drive signage rights.
• Delivered with upgraded lighting, stone floors and secured stockroom.