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1429 3rd Street Promenade 3,582 SF of 4-Star Retail Space Available in Santa Monica, CA 90401
Highlights
- Prime retail space on the iconic Third Street Promenade in Downtown Santa Monica.
- Surrounded by national brands, dining destinations, and entertainment venues.
- Close proximity to Santa Monica Pier, the beach, and over 3,500 hotel rooms.
- Exceptional visibility with frontage in a high-traffic pedestrian-only district.
- Strong demographics with average household income over $188,000 in the trade area.
- Easy access to Metro Expo Line and major Los Angeles transportation routes.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1429 | 3,582 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 1429
The Third Street Promenade attracts over 4 million visitors annually, with an average household income exceeding $188,000 in the surrounding trade area. This iconic, pedestrian-only destination delivers unparalleled foot traffic from both locals and international tourists, fueled by proximity to the beach, the Santa Monica Pier, and over 3,500 hotel rooms within walking distance.
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Double Height Ceiling
- ± 920 sf
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 1429 3rd Street Promenade, Santa Monica, CA 90401
- Tenant
- Description
- US Locations
- Reach
- Caffe Bella
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| Caffe Bella | Restaurant | 1 | - |
Property Facts
| Total Space Available | 3,582 SF | Gross Leasable Area | 24,405 SF |
| Property Type | Retail | Total Land Area | 0.17 AC |
| Property Subtype | Storefront | Year Built | 1906 |
| Total Space Available | 3,582 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 24,405 SF |
| Total Land Area | 0.17 AC |
| Year Built | 1906 |
About the Property
1429 Third Street Promenade presents a premier retail leasing opportunity in one of the most iconic pedestrian-only shopping districts in the United States. Positioned along the vibrant Third Street Promenade in Downtown Santa Monica, this property offers exceptional visibility and access to a high-traffic corridor that attracts over 4 million visitors annually. The surrounding trade area boasts an affluent demographic with an average household income exceeding $188,000, ensuring strong consumer purchasing power. The property features a double-height ceiling and a highly functional layout, including ±3,582 square feet of ground-level retail space and an additional ±920 square feet of storage. Its prime location places it within steps of renowned national retailers, trend-setting brands, and destination dining concepts, creating a dynamic environment for retail success. The Promenade’s consistent year-round tourism, proximity to the beach, and adjacency to the Santa Monica Pier further enhance its appeal. With excellent connectivity via the Metro Expo Line and convenient access to major thoroughfares, this location benefits from both local and international foot traffic. Over 3,500 hotel rooms are within walking distance, amplifying exposure to visitors and tourists. This is an unparalleled opportunity for retailers seeking a flagship presence in Southern California’s most coveted coastal market.
- Signage
- Air Conditioning
- Smoke Detector
Nearby Major Retailers
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1429 3rd Street Promenade
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