True
Space Available For Lease 5
1222 3rd Street 1st Floor |
Peter HajimihalisJones Lang LaSalle (213) 239-6399 |
301 Arizona Avenue |
A.J. DornNewmark (310) 407-6589 Deanna LinckNewmark (213) 596-2299 |
1231 3rd Street Promenade Ground Floor |
Great restaurant or retail opportunity with a potential back patio • High ceilings, approximately 15’ clearance on the ground floor • Up to 65’ of frontage on the Promenade • Parking lot located directly behind building • Approximately 25,621 pedestrian views per day on the Promenade
Devin KleinJones Lang LaSalle (310) 595-3641 |
1220 3rd Street Promenade |
Barbara TenzerTenzer Commercial Brokerage Group (310) 395-8383 Luke CainTenzer Commercial Brokerage Group (310) 804-0157 |
1315-1343 3rd Avenue |
Bryan A. CunninghamJones Lang LaSalle (858) 410-6326 Brian J. QuinnJones Lang LaSalle (858) 352-2902 |
Contacts
Devin Klein
Jones Lang LaSalle
(310) 595-3641
Barbara Tenzer
Tenzer Commercial Brokerage Group
(310) 395-8383
Luke Cain
Tenzer Commercial Brokerage Group
(310) 804-0157
Peter Hajimihalis
Jones Lang LaSalle
(213) 239-6399
Bryan A. Cunningham
Jones Lang LaSalle
(858) 410-6326
Brian J. Quinn
Jones Lang LaSalle
(858) 352-2902
Property Details
- Property Type Retail - Street Retail
- Property Size 203,742 SF
- Lot Size 1.53 Acre
- Property Tenancy Multi-Tenant
- Year Built 1913
- Date Updated Apr 17, 2024
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Getting around
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Walk Score ®
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Transit Score ®
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Bike Score ®
Location
- City Santa Monica, CA
- Neighborhood Downtown Santa Monica
- Zip Code 90401
- Market Los Angeles
Points of Interest
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Downtown Santa Monica
0.48 miles
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17th Street/Santa Monica College
1.09 miles
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26th Street/Bergamot
1.81 miles
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Expo/Bundy
2.76 miles
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Marina Beach
3.52 miles
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Expo/Sepulveda
3.87 miles
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Dolphin Marina
3.88 miles
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Esprit 1
3.99 miles
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Burton Chace Park
4.16 miles
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Del Rey Landing
4.25 miles
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Tesla Supercharger
0.34 miles
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Mobil
0.39 miles
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eVgo
0.52 miles
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Chevron
0.77 miles
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Chevron
0.82 miles
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Arco
0.87 miles
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Chevron
1.28 miles
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Chevron
1.32 miles
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Arco
1.46 miles
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76
1.66 miles
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Parking Structure 1
0.03 miles
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Parking Structure 4
0.14 miles
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Parking Structure 6
0.27 miles
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Parking Structure 5
0.29 miles
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Parking Structure 7
0.35 miles
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Parking Structure 8
0.44 miles
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SMC Performing Arts Center Parking
0.57 miles
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Santa Monica Police Pier Office Parking Lot
0.59 miles
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Lot 1 South
0.59 miles
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Civic Center Parking
0.66 miles
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Silverlake Ramen
0.01 miles
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Cabo Cantina
0.04 miles
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Lemonade
0.06 miles
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Lotus Dim Sum
0.07 miles
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T's Thai Restaurant
0.07 miles
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Stefano's Pizzeria
0.09 miles
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Burger Lounge
0.09 miles
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Wally's Santa Monica
0.09 miles
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Hillstone Restaurant
0.10 miles
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Tender Greens
0.10 miles
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TJ Maxx
0.09 miles
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Nordstrom
0.35 miles
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Target
0.36 miles
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Santa Monica Place
0.39 miles
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Trader Joe's
0.40 miles
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Bloomingdale's
0.45 miles
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Vons
0.47 miles
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Pavilions
0.70 miles
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Vons
0.77 miles
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Tehran Market
0.86 miles
1225 3rd Street Promenade Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
1225 3rd Street Promenade is located in Downtown Santa Monica, which is home to a total of 64 listing(s). Retail space at Third Street Promenade asks $42.00/SF/YR per square foot.
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The property includes 14,797 square feet of retail space for lease. Of this total, 5,637 square feet are Retail, 9,160 square feet are Restaurant.
Lease agreement conditions for the availability at this property include NNN.
In addition to retail space, the property also includes 2 office space(s). Mixed-use buildings combining office space alongside retail present additional opportunities for steady foot traffic and a potentially loyal customer base.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Santa Monica is 37. The average household income here is $90,682 per year.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.