List Search

1350 3rd Street Promenade
Santa Monica, CA 90401 Downtown Santa Monica

$6,000,000 USD

Storefront For Sale  •  3,000 SF

Property Details

  • Property Type Storefront
  • Total Building Size 3,000 SF
  • Lot Size 0.07 AC
  • Building Class C
  • Year Built 1960
  • Tenancy Single
  • Zoning SMBSC1
78 Transit Score
95 Walk Score

Highlights

Trophy Retail Investment Opportunity – With its Downtown Santa Monica location on Third Street Promenade
In-Place Publicly Traded Corporate Tenancy – Oakley has operated an extremely high-image flagship store at the property for over 11 years (since 2014)
High-Image “Flagship” Building – The property has proven to be viable for Oakley with high-quality design and architecture inside and out
Significantly Below Market Rent – Current rent at the property is estimated to be approximately 91% below market levels
Dense, Affluent Coastal Demographics – More than 32,500 residents with AHI exceeding $166,500 within a 1-mile radius

Public Transportation

Transit/SubwayDriveWalkDistance
Downtown Santa Monica (Expo Line - Los Angeles County Metropolitan Transportation Authority (Metro)) 2 min 8 min 0.4 mi
AirportDriveWalkDistance
Los Angeles International 19 min - 9.2 mi
Bob Hope 34 min - 23.1 mi
Long Beach (Daugherty Field) 39 min - 29.5 mi
John Read 949-725-8606 CBRE
John Read 949-725-8606 CBRE