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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

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Monday10:00 AM — 09:00 PM
Tuesday10:00 AM — 09:00 PM
Wednesday10:00 AM — 09:00 PM
Thursday10:00 AM — 09:00 PM
Friday10:00 AM — 10:00 PM
Saturday10:00 AM — 10:00 PM
Sunday11:00 AM — 08:00 PM
Holiday Hours

Hours may vary on public holidays. Check with individual stores for specific holiday schedules.

189 The Grove Dr, Los Angeles, United States

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

Property Type
Shopping Mall
Gross Leasable Area
53,419
Year Built
2002
Parking Spaces
3000
Average Monthly Footfall
1,666,667
Owner
Caruso Affiliated
Anchor Tenants
Nordstrom, AMC Theatres

Detailed Market Analytics

Primary Catchment Area
20,796 people
Secondary Catchment Area
3,800,000 people
Median age
39 years

Median household income
100,000 USD

Annual foot traffic
20,000,000 visitors/year
Dwell time
1.5 hours
Conversion rate
50 %
Sales per square meter
26,480 USD/sqm/year

Gross Leasable Area
53,419 sqm
Number of Levels
2 levels
Vacancy rate
3 %

Parking spaces
3,000 spaces

Anchor tenant presence
Nordstrom, AMC Theatres tenants
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Los Angeles, CA

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