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The Grove is an open-air lifestyle center in Los Angeles opened in 2002, featuring over 70 stores and restaurants in a pedestrian-oriented layout adjacent to the Original Farmers Market. It achieves 95-100% occupancy, exceeding the Los Angeles market vacancy rate of approximately 5.6% in Q2 2026. Annual footfall reaches about 20 million visitors, with average monthly traffic of 1.67 million and notable tourist draw.
Key anchors include Nordstrom and Apple, supported by luxury brands such as Gucci and Louis Vuitton, fashion retailers like Anthropologie and Adidas, diverse dining including The Cheesecake Factory and Din Tai Fung, and entertainment via a 14-screen AMC Theatres. Sales productivity stands at around $2,460 per square foot. Premium base rents exceed $20 per square foot NNN amid strong sales performance.
The center offers high dwell times around 90 minutes but contends with parking constraints on 2,500 spaces during weekends and dependency on discretionary spending in a high-cost market. Limited new supply supports its stable position.
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Hours of Operation
Hours
| Monday | 10:00 AM — 09:00 PM |
| Tuesday | 10:00 AM — 09:00 PM |
| Wednesday | 10:00 AM — 09:00 PM |
| Thursday | 10:00 AM — 09:00 PM |
| Friday | 10:00 AM — 10:00 PM |
| Saturday | 10:00 AM — 10:00 PM |
| Sunday | 11:00 AM — 08:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Footfall and Demographic Profile
The Grove attracts approximately 20 million annual visitors, averaging 1.67 million monthly, with 25% tourists and strong regional draw from affluent Los Angeles households. High engagement supports 90-minute average dwell times and robust performance in experiential and luxury categories. This traffic profile benefits tenants targeting both local residents and visitors in a market with median household incomes supporting discretionary retail.
Tenant Mix and Competitive Context
Anchors and co-tenants emphasize national chains, luxury fashion, and experiential dining alongside entertainment, creating a curated mix that differentiates from enclosed malls. Competition from nearby centers like Westfield Century City exists, yet The Grove's outdoor format and synergy with the adjacent Farmers Market sustain high sales productivity five times the national average amid limited regional supply growth.
Lease Terms and Operational Factors
Occupancy near 100% enables premium rents above $20 per square foot NNN with percentage rent components tied to strong sales. Parking availability of 2,500 spaces faces peak-period constraints, while the center maintains high operational quality through ongoing events and maintenance. Tourism reliance introduces variability tied to economic conditions affecting discretionary spending.
Building Details
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City Snapshot
Los Angeles, CA
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Los Angeles, CA
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