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1401-1409 3rd Street Promenade 769 SF of 4-Star Retail Space Available in Santa Monica, CA 90401
HIGHLIGHTS
- 1401-1409 3rd Street Promenade is an opportunity to lease prominent retail and food and beverage (F&B) 769 SF space.
- Move-in-ready F&B establishments encompass a venting shaft and restaurant infrastructure.
- Vibrant Santa Monica destination with trendy shops, dining, entertainment, and year-round foot traffic, creating an unmatched urban experience.
- Capitalize on exceptional visibility and heavy foot traffic, this is the only property with 50-foot depths and over 40 feet of frontage.
- Premier corner on the best block of the 3rd Street Promenade, adjacent to an Apple flagship location and a new Raising Cane's.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1407 | 769 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 1407
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 769 SF | Gross Leasable Area | 14,300 SF |
| Property Type | Retail | Year Built | 1928 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 769 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 14,300 SF |
| Year Built | 1928 |
ABOUT THE PROPERTY
Embark an exceptional leasing opportunity at 1401-1409 3rd Street Promenade, located on the premier corner of the district’s most coveted block. One availability remains at 769 square feet. Potential for restaurant infrastructure with venting shafts is possible. Available immediately, this is a retailer’s chance to establish a presence in the heart of one of Southern California’s most vibrant commercial corridors. Positioned adjacent to the upcoming Raising Cane’s and the iconic Apple flagship store, this site is strategically situated to capture high foot traffic. The captivating building boasts rare 50-foot depths and 40 feet of available frontage along the 3rd Street Promenade, maximizing visibility and functionality. With easy access to over 4,000 public parking spaces in nearby structures, tenants and visitors are encouraged to delight in the surrounding dynamic mix of shopping, dining, and entertainment destinations. Downtown Santa Monica is the epicenter of world-class shopping, dining, and entertainment. The Promenade hosts the Santa Monica Farmers Market twice weekly, featuring premium organic ingredients frequented by over 1 million customers annually, including LA's top chefs and restaurants. The City of Santa Monica, in partnership with local stakeholders, is re-imagining the Promenade to cater to the next evolution of retailers and restaurants. The immediate trade area has over 15 million visitors, spending over $2 billion annually in hospitality.
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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1401-1409 3rd Street Promenade
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