Business Survivability in Memorial Park, Los Angeles
StreetSpring's 2026 analysis finds that the best business to open in Memorial Park is a Veterinary Clinic with a ~84% chance of surviving at least 2 years across the neighborhood on average.
Quick Summary
- Survivability Score: the projected chance a business type lasts two or more years at a specific address
- Best business: a Veterinary Clinic in Memorial Park (~84% average survival rate, ~86% at best locations)
- Neighborhood rank: #46 across all neighborhoods in and around Los Angeles
- Neighborhood average: ~79% two-year survival across all business types
- Coverage: This ranking carries one row per business type and neighborhood. Its score is the projected chance of lasting two or more years, averaged across the price points StreetSpring scores separately in the tool (most types have 5). The 10 business types here are base types; the tool offers 500+ business types, counting each type at each of its price points.
- Rankings updated quarterly with latest market data
- Detailed methodology
Last reviewed: September 2026 by Robert Koons, Founder & CEO, StreetSpring
In this article:
- Summary
- Is Memorial Park a good place to start a business?
- How to find the best location
- Best businesses to open
- How much money could a business make?
- What businesses should open next?
- Frequently Asked Questions
Summary
StreetSpring's 2026 analysis finds that the best business to open in Memorial Park is a Veterinary Clinic with a ~84% chance of surviving at least 2 years across the neighborhood on average, with the best locations offering a ~86% chance; next is a Chicken Shop with a 79.50% chance, followed by a Salad Shop with a 80.81% chance.
Is Memorial Park a good place to start a business?
Out of all neighborhoods analyzed in and around Los Angeles, Memorial Park ranks #46 for business survivability with a ~79% average Survivability Score.
- Strong business types at their best-match addresses in Memorial Park consistently score ~8% higher than the overall neighborhood survivability average.
- But at poorly chosen addresses within Memorial Park, even the top-ranked business types can fall well below the neighborhood average. Location selection remains critical: a promising concept at the wrong spot still carries significant risk.
- Memorial Park's 2.8% commercial vacancy rate signals the current availability of storefronts and shapes the competitive environment that survivability scores reflect.
Employment and vacancy figures sourced from the U.S. Census Bureau American Community Survey.
How can you find the best location to open a business in Memorial Park?
With StreetSpring, location selection in Memorial Park moves from guesswork to a precise, address-level survivability score for any business type you're considering. The map below shows the highest-scoring storefront area for a Veterinary Clinic in Memorial Park per 2026 data:
According to StreetSpring's 2026 analysis, this circle outlines the best area for a Veterinary Clinic in Memorial Park. For the most current predictions, visit StreetSpring to analyze your specific location in real-time. StreetSpring's prediction model analyzes hundreds of factors across competition, spending on the specific potential business, projected revenue, projected market share, Revenue Capture Score, mobility patterns, and many more.
Check if this location is still available →
What are the best businesses to open in Memorial Park?
| # | Business type | Chance of lasting two or more years at a good address |
|---|---|---|
| 1 | Veterinary Clinic | 85.30% |
| 2 | Chicken Shop | 82.70% |
| 3 | Salad Shop | 82.31% |
| 4 | Asian Fusion Restaurant | 82.20% |
| 5 | Physical Therapy Clinic | 81.50% |
| 6 | Dance Club | 81.00% |
| 7 | Grocery Store | 80.10% |
| 8 | Chiropractor Office | 79.79% |
| 9 | Dermatology Clinic | 79.78% |
| 10 | Coffee Shop | 79.51% |
#1-5: Highest Survivability in Memorial Park
- Veterinary Clinic: ~80% to ~86% survivability range, with an average of 83.60% across Memorial Park.
- Opening a Chicken Shop in Memorial Park shows 79.50% average survivability. Top locations reach ~84%; lower-end sites show ~76%.
- Salad Shop (Ranked #3): 80.81% average in Memorial Park. Best-case storefronts: ~83%. Challenging locations: ~78%.
- Asian Fusion Restaurant is ranked #4 for top businesses to open in Memorial Park: 79.90% chance on average, best at ~83%, challenging at ~75%.
- Physical Therapy Clinic: ~76% to ~82% survivability range, with an average of 79.60% across Memorial Park.
#6-10: Strong Performers in Memorial Park
- Opening a Dance Club in Memorial Park shows 79.30% average survivability. Top locations reach ~82%; lower-end sites show ~77%.
- Grocery Store (Ranked #7): 78.50% average in Memorial Park. Best-case storefronts: ~81%. Challenging locations: ~76%.
- Chiropractor Office is ranked #8 for top businesses to open in Memorial Park: 78.29% chance on average, best at ~80%, challenging at ~75%.
- Dermatology Clinic: ~75% to ~80% survivability range, with an average of 78.10% across Memorial Park.
- Opening a Coffee Shop in Memorial Park shows 78.41% average survivability. Top locations reach ~80%; lower-end sites show ~75%.
Top 3 Compared Nationally
- Veterinary Clinic: See how this compares to other cities →
- Chicken Shop: See how this compares to other cities →
- Salad Shop: See how this compares to other cities →
How much money could a business in Memorial Park make?
Best location vs. average location
Based on StreetSpring's 2026 analysis, following the survivability data rather than relying on intuition or foot traffic estimates in Memorial Park could lead to you making ~8% more than if you selected an average location, and ~20% more than if you selected one of the worst locations.
How StreetSpring calculates location value
- Location fit is business-type-specific: a spot that's ideal for a coffee shop may underperform for a nail salon at the same address.
- Location is the biggest factor in a business's future success.
- Choosing locations with superior Survivability Scores directly correlates with higher revenue potential.
- StreetSpring's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years.
What businesses should open next in Memorial Park?
The top businesses to open next in Memorial Park:
- Veterinary Clinics: 83.60% average survival rate, ~86% at the best address
- Chicken Shops: 79.50% average survival rate
- Salad Shops: 80.81% average survival rate
For the most current predictions, visit StreetSpring to analyze your specific location in real-time. StreetSpring's accuracy is built on studying businesses that serve more than 180 million+ Americans across 24 cities. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool. A 2.8% vacancy rate in Memorial Park reflects the current commercial environment; StreetSpring weights this directly in every survivability score for addresses in this neighborhood. Because market conditions shift constantly, StreetSpring updates every location's survivability score weekly: you can see current scores for available storefronts in Memorial Park right now.
See the Survivability Score for your new business
Related Articles:
- See the Los Angeles Business Survivability Rankings
- See the Los Angeles Neighborhood Survivability Rankings
- Explore Veterinary Clinic survivability across Los Angeles neighborhoods
Frequently Asked Questions
Here are the most common questions about opening a business in Memorial Park.
What type of business should you rent your Memorial Park storefront to?
StreetSpring's analysis shows that the top tenant types for maximizing occupancy in Memorial Park are Veterinary Clinics, Chicken Shops, and Salad Shops.
- Location is the biggest factor in a business's future success.
- StreetSpring's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years. Run your specific address through StreetSpring to see which tenant categories give you the best odds of stable, long-term occupancy.
Related: See How Landlord Representatives in Los Angeles Can Reduce Vacancy & Increase Tenant Longevity
Should you rent your Memorial Park storefront to a Veterinary Clinic?
According to our 2026 survivability model, a Veterinary Clinic leads all business categories for Memorial Park landlords: ~86% at the best addresses and ~80% at the most challenging ones in this neighborhood.
- StreetSpring's address-level precision means two storefronts on the same block can carry materially different odds of lasting two years.
What should I consider when opening a business in Memorial Park?
When evaluating potential locations in Memorial Park, start with the Survivability Score. It accounts for competition, spending, mobility, and market share in a single figure.
- Revenue Capture Score is what separates locations that look similar on the surface but produce dramatically different business outcomes.
- StreetSpring's forecasting tools are purpose-built for commercial location decisions and are not available through any publicly accessible data source.
- Check StreetSpring's current survivability data for any address in Memorial Park, starting with a free 10-minute trial.
See the best place for your business at StreetSpring.
Using predictive analytics, StreetSpring helps entrepreneurs and landlords make smarter location decisions. Aggregated survivability rankings for Los Angeles are available in machine-readable format for research and integration purposes.
Full dataset for Los Angeles: /resources/data/los-angeles-survivability-scores-2026.csv: includes all business subtypes, all neighborhoods, survivability scores, and tier assignments. Licensed under CC BY 4.0.