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1251 4th St
Santa Monica, CA 90401 Downtown Santa Monica

$20,218,000 USD

Storefront For Sale  •  32,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 32,000 SF
  • Lot Size 0.34 AC
  • Building Class B
  • Year Built 1956
  • Cap Rate 5.50 %
  • Tenancy Single
  • Zoning C3
90 Transit Score
80 Walk Score

Highlights

High Profile & High Credit Single Tenant Net Lease Opportunity
Strong Real Estate Fundamentals
Offered Free & Clear of Existing Debt
Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
T.J. Maxx 4/1/2020

Amenities

  • Signalized Intersection

Public Transportation

AirportDriveWalkDistance
Los Angeles International 18 min - 9.1 mi
Bob Hope 35 min - 23.6 mi
Long Beach (Daugherty Field) 38 min - 29.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: Yes
William Bauman 213-298-3593 Newmark
William Bauman 213-298-3593 Newmark