FOR SALE. Rare Small Santa Monica Commercial Property

Transcription

1 FOR SALE Rare Small Santa Monica Commercial Property TH STREET SANTA MONICA, CA CONTACT: WILLIAM B. ALTHOUSE Executive Vice President tel BRE # Company BRE#

2 LOCATION th Street Santa Monica, CA BUILDING SIZE Approximately 2,388 square feet LAND SIZE Approximately 5,585 square feet TH STREET Coldwell Banker Commercial WESTMAC is proud to present the sale of th Street, a highly visible single-story commercial retail space located in one of Los Angeles s most exciting neighborhoods for food, culture and entertainment Santa Monica. In a market with very high demand and very few opportunities, this is a rare opportunity to own in prime Santa Monica. The subject property is nestled along 4th street just two blocks from Main Street, surrounded by an amenity rich area walking distance from its doors, and encircled by a dense affluent residential population. The property is near the 10 and 405 Freeways, giving travelers easy access to all parts of the City, including Santa Monica s most famous attractions: the beach, pier, and world-class shopping & entertainment. Property is strategically located in an excellent Santa Monica location bordering West Los Angeles. Westwood, Brentwood, Mar Vista, Venice and Pacific Palisades are adjoining neighbors Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates. All Rights Reserved. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principles of the Equal Opportunity Act. Each Office is Independently Owned and Operated. Coldwell Banker Commercial and the Coldwell Banker Commercial Logo are registered service marks owned by Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates.

3 PROPERTY PROFILE LOCATION APN th Street Santa Monica BUILDING SIZE Approximately 2,388 square feet LAND SIZE Approximately 5,585 square feet (25 x100 ) PRICE OCCUPANCY PARKING YEAR BUILT ZONING NUMBER OF FLOORS Contact Broker Single Tenant, Owner-Occupied Front and back 1925 SMOP2 One (1) * Includes beer and wine liquor license PROPERTY FEATURES Highly Desirable Community an affluent residential population surrounds the immediate vicinity. Dense Retail Population many popular restaurants and retailers within walking distance. Just south of the 10 Freeway, and just up from Main Street Close to Santa Monica airport, LAX, and plentiful public transportation stops. Beer and wine liquor license

4 SANTA MONICA Santa Monica is one of Southern California s premier coastal location for business, entertainment, shopping and upscale housing. Consisting of 8.5 square miles, Santa Monica is bordered by Pacific Ocean to the west, the Pacific Palisades to the north, Brentwood and West Los Angeles to the east and by Venice on the South. Santa Monica is one of the oldest cities in Los Angeles County featuring three miles of scenic coastline along Santa Monica Bay. Thanks in part to its yearround agreeable weather, Santa Monica has become a popular resort town with a booming restaurant and entertainment district. Currently, Santa Monica has a recorded population of approximately 90,000, which can swell up to 250,000 during daytime hours as commuters, tourist and students flood into the city. Santa Monica is home to many Hollywood celebrities and executives, and is a mixture of affluent single-family neighborhoods, renters, professionals and students. Making up most of the Silicon Beach area, Santa Monica has become a major center for business and a magnet for entrepreneurs and innovates. Presently, Silicon Beach is home to over 500 tech startup companies including Google, Youtube, Snapchat, Facebook and Buzzfeed. Recently, the city of Santa Monica has experienced significant growth as a dining and entertainment center serving the greater Los Angeles area. The city has been actively redeveloping its center core, transforming historic and functionally outdated buildings into trendy retail and entertainment venues, including a $50-million-dollar restoration of the iconic City Hall building, a $55 million sevenacre redesign of Palisades Park and the $265 million renovation of the Santa Monica Place mall. Adjacent to Santa Monica Place is Third Street Promenade, the city s retail and entertainment center as well as a major tourist attraction.

5 AERIAL

6 FOR SALE CONTACT: TH STREET WILLIAM B. ALTHOUSE Executive Vice President tel BRE # Coldwell Banker Commercial WESTMAC 1515 South Sepulveda Boulevard, Los Angeles, CA tel Company BRE #