401-415 Santa Monica Blvd
Santa Monica, CA 90401 Downtown Santa Monica

THIS IS AN ASSET SALE - CALL BROKER FOR MORE DETAILS

Introduction:
Insert yourself in the beachside dining conversation along with some of Santa Monica’s most popular restaurants. 413 Santa Monica Blvd. rubs shoulders with Blue Bottle Coffee, Alla Antico, Wake N Late, and many others sharing a rich dining public in a market that simply put, exemplifies casual dining and tremendous foot traffic. 

Description:
Florence Pan E Vino is warm and charming 1,619sf space with a full wine bar located in the heart of Downtown Santa Monica, adjacent to the Third Street Promenade in an historic architectural building, with exposed brick detail and high ceilings. It features a full kitchen with Type 1 Hood that’s about 2 years old, a full basement for storage. Building tenants include Blue Bottle, Wake & Late (opening Summer ‘26) and MIXT, with new restaurants across the street include All’a Antia Raising Canes, and is surrounded by high-quality dining and retail options including Tar & Roses, Bangkok West, and  Orto.

There’s easy close access to 90 minute free parking in adjacent city garages, close to the 10 freeway, Pacific Coast Highway and the nearby Downtown Santa Monica Expo Line Station at 4th St and Colorado. The restaurant enjoys a high pedestrian traffic street frontage with a vibrant visible facade on corner property.

Facility:
The restaurant has a practically new production kitchen with a 10’ long type 1 hood, and  comes fully equipped with a large compliment of state of the art top line FF&E, secure and dry storage, large prep station and wine bar and can handle just about any concept. I've attached a detailed package with pictures.
Location:
Downtown Santa Monica possesses a vibrant community of tech and creative companies situated in a unique beach-urban setting. In Downtown Santa Monica, you’re spoiled for choice. Grab coffee at Philz or Refinery on the way in. Power through some errands. Walk to the Pier and “brown bag” it with an ocean view. Spin, gym, yoga, Pilates, Barre, boot camp, repeat. Treat the clients to a two star Michelin dinner. It’s all here.

Downtown Santa Monica Customer - Dining intent/Customer Mix:
•	Santa Monica diners prioritize Convenience, Quality & Authenticity, Ambiance;
•	Santa Monica diners become repeat customers through strong “must-order items” and presentation;
•	Close proximity to Venice and Santa Monica media + entertainment offices
Highlights & Features:
•	Total Monthly Rent: 	$5,000.00/mo. through 5/31/2027
				$7,500/Mo. through through 5/31/2032
•	Long Term Lease:	 Expires 5/31/2032 
o	Percentage Rent: 	6% over $1,000,000 sales annually
o	Option Periods:	 2 x 5 Yrs. each @ FMV w/ min. previous months rent vs. 6% max in Adj Yr., flat thereafter
•	Seating:		49 Approx.	
•	Parking:		Free  City Parking Lot Behind Bldg.
Ø	Fully Equipped Kitchen with 10’ Type 1 Hood,
Ø	Extensive  FF&E list included, 
Ø	Exquisite Wine Bar 
Ø	Romantic Outdoor Patio W/ Electrically Operable Roof
Ø	Type 41 ABC License  Included
Ø	Major Dining Destination 
Ø	2024 New Construction Remodel

Let me know if you'd like to tour the restaurant to see if its the right fit for you, my cell # below is the easiest way to reach me.

• Date available: 30 Days
• Lease term: None
• Service type: Triple Net
• Built out as: Restaurants And Cafes
• Space Type: Sublet