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West Elm 1427 4th St 24,705 SF Retail Building Santa Monica, CA 90401 $38,829,094 CAD ($1,571.71 CAD/SF) 6.25% Cap Rate
Executive Summary
Offering memorandum is available, but NDA must be signed.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
24,705 SF
Building Class
C
Year Built/Renovated
1924/2018
Price
$38,829,094 CAD
Price Per SF
$1,571.71 CAD
Cap Rate
6.25%
NOI
$2,427,157 CAD
Tenancy
Single
Building Height
2 Stories
Slab To Slab
12’
Building FAR
1.67
Lot Size
0.34 AC
Zoning
C3 - Commercial
Frontage
98’ on 4th St
Moderately walkable
70/100
Exceptionally drivable
90/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 4291-018-018 | Improvements Assessment | $6,494,377 CAD |
| Land Assessment | $1,742,396 CAD | Total Assessment | $8,236,772 CAD |
Property Taxes
Parcel Number
4291-018-018
Land Assessment
$1,742,396 CAD
Improvements Assessment
$6,494,377 CAD
Total Assessment
$8,236,772 CAD
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West Elm | 1427 4th St
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