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1343-1349 3rd Street Promenade
Santa Monica, CA 90401 Downtown Santa Monica

$26,880,000 USD

Storefront For Sale  •  21,557 SF

Property Details

  • Property Type Storefront
  • Total Building Size 21,557 SF
  • Lot Size 0.34 AC
  • Building Class A
  • Year Built 1926
  • Tenancy Multiple
  • Zoning C3YY
90 Transit Score
70 Walk Score

Highlights

Situated on the world renowned Third Street Promenade, this three (3)-tenant flagship retail asset offers undeniable trophy status.
The property sits on one of the most iconic pedestrian shopping districts in the Western U.S., just steps from Santa Monica Pier.
With three (3) distinct retail categories—team apparel, outdoor lifestyle, and sporting goods—the asset provides diversified income and reduced risk.
With an unprecedented era of major events coming to LA, including the 2026 FIFA World Cup, the Super Bowl in 2027, and the 2028 Summer Olympics.
The property can be acquired subject to existing interest only financing at 6.60% fixed for over four and a quarter (4.25) more years.
All 3 tenants recently executed new leases or extensions, with significant build outs and improvements, demonstrating the tenants’ commitment.

Amenities

  • Signage
  • Air Conditioning

Public Transportation

Transit/SubwayDriveWalkDistance
Downtown Santa Monica (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 7 min 0.4 mi
AirportDriveWalkDistance
Los Angeles International 18 min - 9.0 mi
Bob Hope 34 min - 22.8 mi
Long Beach (Daugherty Field) 38 min - 29.2 mi
Patrick Wade 818-259-0476 CBRE, Inc.
Patrick Wade 818-259-0476 CBRE, Inc.