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1402 3rd Street Promenade 1402 3rd Street Promenade 5,000 - 18,350 SF of Retail Space Available in Santa Monica, CA 90401
HIGHLIGHTS
- Stunning property on the SW Corner of the 1400 block of Third Street Promenade and Santa Monica Blvd. with impressive curb appeal.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 5,000-9,175 SF | 14’ - 14’6” | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 2nd Floor | 5,000-9,175 SF | 14’ - 14’6” | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Maximum visibility - 50' of frontage on the Third Street Promenade and 150' of frontage on Santa Monica Blvd. The property is located on one of the highest-visibility corners in Santa Monica, at the intersection of 3rd Street Promenade and Santa Monica Blvd. It has approximately 13,500-sf on the first and second floors with high ceilings, a 4,850-sf basement, and ample loading. The 3rd Street Promenade is experiencing a renaissance with new interactive tenants including, Google Store, Apple Store, Outlandish US Flagship retail store (a TikTok certified store partner who puts a physical-online hybrid retail space in action), Holey Moley, and many other exciting retailers.
- Fully Built-Out as Specialty Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 18,350 SF of adjacent space
- Finished Ceilings: 14’ - 14’6”
2nd Floor
Maximum visibility - 50' of frontage on the Third Street Promenade and 150' of frontage on Santa Monica Blvd. The property is located on one of the highest-visibility corners in Santa Monica, at the intersection of 3rd Street Promenade and Santa Monica Blvd. It has approximately 13,500-sf on the first and second floors with high ceilings, a 4,850-sf basement, and ample loading. The 3rd Street Promenade is experiencing a renaissance with new interactive tenants including, Google Store, Apple Store, Outlandish US Flagship retail store (a TikTok certified store partner who puts a physical-online hybrid retail space in action), Holey Moley, and many other exciting retailers.
- Fully Built-Out as Specialty Space
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 18,350 SF of adjacent space
- Finished Ceilings: 14’ - 14’6”
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 | 18,350 SF | Gross Leasable Area | 26,521 SF |
| Min. Divisible | 5,000 SF | Year Built | 1996 |
| Property Type | Retail |
| Total Space Available | 18,350 SF |
| Min. Divisible | 5,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 26,521 SF |
| Year Built | 1996 |
ABOUT THE PROPERTY
Premier Retail on the SW corner of the 1400 block of 3rd Street Promenade (50' of frontage) & Santa Monica Blvd (150' of frontage). This prime retail building is perfectly suited for an innovative concept store, entertainment, food, flagship store, high-end fashion boutique, national brand, luxury goods retailer, or any business seeking a commanding presence in a high-traffic, dynamic environment.
NEARBY MAJOR RETAILERS
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1402 3rd Street Promenade | 1402 3rd Street Promenade
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