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1517 Montana Ave
Santa Monica, CA 90403
sweetgreen (NNN) · Retail Property For Sale
Investment Highlights
- Single-Tenant NNN Sweetgreen
- First Right of Refusal to Purchase the Fee Interest
- Zero Management NNN Investment
- Favorable 99-Year, Long-Term Ground Lease with Fixed Increases (93 Years Remaining)
- Fully Depreciable Asset; Potential to Depreciate 100% of the Purchase Price Creating Excellent Tax Shelter
- Household Income in Excess $145,000 within 5 Miles
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,500 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.52
Lot Size
0.11 AC
Zoning
SMC2*
Parking
6 Spaces
Frontage
123’ on Montana Avenue
Property Taxes
| Parcel Number | 4279-026-003 | Improvements Assessment | $622,397 |
| Land Assessment | $3,572,025 | Total Assessment | $4,194,422 |
Property Taxes
Parcel Number
4279-026-003
Land Assessment
$3,572,025
Improvements Assessment
$622,397
Total Assessment
$4,194,422
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