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Highlights
- Incredibly well located mixed-use property in the heart of DTSM.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor, Ste 202 | 2,184 SF | 12’ - 14’ | 3 Years | $64.92 CAD/SF/YR $5.41 CAD/SF/MO $141,795 CAD/YR $11,816 CAD/MO | Modified Gross |
2nd Floor, Ste 202
Bright and airy creative space in the heart of DTSM with a large private balcony (not included in GLA) and operable windows. Features hardwood floor, gourmet kitchen, executive offices, conference room, and open space. Half a block from Third Street Promenade, it is near Tocaya, Lemonade, TenderGreens, Joh Reed Fitness, Shake Shack, Mendicino Farms, Sidecar Donuts & Coffee, SoulCycle, and many more amenities.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 6 - 18 People
- 2 Private Offices
- 1 Conference Room
- Finished Ceilings: 12’ - 14’
- Space is in Excellent Condition
- Central Air Conditioning
- Kitchen
- Balcony
- High Ceilings
- Exposed Ceiling
- Natural Light
- Open-Plan
- Open, airy, operable windows, large balcony
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 | 2,184 SF | Year Built/Renovated | 1925/1998 |
| Property Type | Retail | Parking Ratio | 0.17/1,000 SF |
| Gross Leasable Area | 23,006 SF |
| Total Space Available | 2,184 SF |
| Property Type | Retail |
| Gross Leasable Area | 23,006 SF |
| Year Built/Renovated | 1925/1998 |
| Parking Ratio | 0.17/1,000 SF |
About the Property
Presenting a distinguished two-story office and retail building, strategically positioned on the prominent corner of Wilshire Boulevard and 4th Street in the heart of downtown Santa Monica. This iconic structure, originally constructed in 1925, blends historical character with modern functionality, thanks to a comprehensive renovation in 1998.
Nearby Major Retailers
Presented by
319-335 Wilshire Blvd
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