Your email has been sent.
1625 Wilshire Blvd 1,530 SF of Retail Space Available in Santa Monica, CA 90403
HIGHLIGHTS
- Medical uses nearby drive day and nighttime demand
- Affluent market area
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1625 | 1,530 SF | 9’ | Negotiable | $59.90 CAD/SF/YR $4.99 CAD/SF/MO $91,643 CAD/YR $7,637 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1625
Strategic retail location within the dense, residential community of Wilshire-Montana, comprised of high-income levels and strong purchasing power (the median household income is ± $111,000 within a 3-mile radius. High-traffic counts (~30K VPD), surrounded by a vibrant mix of shops, restaurants, medical uses, and residences. Less than a block from UCLA Santa Monica Medical Center. Ideal for personal service, retail, and medical uses. For the past 40 years, it has thrived as a successful hair salon, boasting a loyal clientele and established presence. Features parking in rear.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Located in-line with other retail
- Central Air Conditioning
- Corner Space
- Finished Ceilings: 9’
- Ideal for services, spa, medica, or general 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.
SELECT TENANTS AT 1625 WILSHIRE BLVD, SANTA MONICA, CA 90403
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- La Puglia
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| La Puglia | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,530 SF | Gross Leasable Area | 8,046 SF |
| Property Type | Retail | Year Built | 1964 |
| Property Subtype | Restaurant | Parking Ratio | 1.92/1,000 SF |
| Total Space Available | 1,530 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 8,046 SF |
| Year Built | 1964 |
| Parking Ratio | 1.92/1,000 SF |
ABOUT THE PROPERTY
Located on busy Wilshire Boulevard with high traffic counts in excess of 41,000 vehicles per day. The location offers off-street and ample street parking, and strong foot traffic. - Walking distance from UCLA Medical Center in Santa Monica, which generates a tremendous amount of business. Highly visible location with pedestrian, scooter, bike, and car traffic. Neighbors include Dunkin Donuts, W.I. Simonson Mercedes, Santa Monica Hospital, Staples and Bank of America. Shared on-site parking behind building.
NEARBY MAJOR RETAILERS
Presented by
1625 Wilshire Blvd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.