Flagship Opportunity Back on the Market 1201 3rd Street Promenade 15,000 - 45,000 SF of 4-Star Office/Retail Space Available in Santa Monica, CA 90401
HIGHLIGHTS
- 15 Million people walk/shop Third Street Promenade every year.
- Outstanding Wilshire Blvd. frontage/signage.
- Exclusive elevator and Wilshire Blvd. entrance for second and third floor tenant.
- Iconic building.
- With incredible natural light and stunning interior elements, the third floor features skylights and high ceilings.
- Entire building contiguous up to 45,000 SF.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 15,000 SF | - | 1-20 Years | $72.00 /SF/YR | Triple Net (NNN) | |
| 2nd Floor | 15,000 SF | 11’ | 5-20 Years | $60.00 /SF/YR | Triple Net (NNN) | |
| 3rd Floor | 15,000 SF | 11’ | 5-20 Years | $60.00 /SF/YR | Triple Net (NNN) |
1st Floor
The building just underwent an earthquake retrofit and is currently raw space with new HVAC, bathrooms and elevator. The ground floor is approximately 15,000 square feet and can be demised down to 3000 sq ft. Spaces can be utilized for food. Short term flexible leasing options are also available on the ground floor.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 45,000 SF of adjacent space
- Central Air Conditioning
- Highly Desirable End Cap Space
- High profile flagship opportunity.
- Short term/flexible leasing options available.
2nd Floor
The two upper levels have lots of natural light, an exclusive elevator entrance on Wilshire Blvd.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Finished Ceilings: 11’
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 45,000 SF of adjacent space
- Central Air Conditioning
- Natural Light
- Entire building contiguous up to 45,000 SF.
3rd Floor
The two upper levels have lots of natural light, an exclusive elevator entrance on Wilshire Blvd, and a large skylight with stunning wood beams on the third level.
- Lease rate does not include utilities, property expenses or building services
- Open Floor Plan Layout
- Finished Ceilings: 11’
- Can be combined with additional space(s) for up to 45,000 SF of adjacent space
- Central Air Conditioning
- Natural Light
PROPERTY FACTS
| Total Space Available | 45,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 45,000 SF |
| Total Land Area | 0.40 AC |
| Year Built/Renovated | 1935/2020 |
ABOUT THE PROPERTY
This high-profile office/retail building is located on the corner of Wilshire Blvd. and Third Street Promenade. There is up to 15,000 SF available on the ground floor, and spaces can be demised to as little as 3000 SF. The upper two levels, ideal for creative office space, equal 30,000 SF and have their own exclusive elevator and incredible skylights. The property recently underwent an earthquake retrofit. The entire building can be leased to one tenant.
- Bus Line
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
