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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

Transit/Subway	Drive	Walk	Distance
Downtown Santa Monica (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro))	1 min	8 min	0.4 mi
Airport	Drive	Walk	Distance
Los Angeles International	18 min	-	9.1 mi
Bob Hope	33 min	-	22.9 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