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3021 Lincoln 1,045 SF of Retail Space Available in Santa Monica, CA 90405
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,045 SF | Negotiable | $74.64 /SF/YR $6.22 /SF/MO $77,999 /YR $6,500 /MO | Triple Net (NNN) |
1st Floor
The property was Santinos bar/restaurant, then Burgers and Brews and most recently LA Draught. Property was burned to the ground in 2009 and completely rebuilt in 2012. Ground floor has been bar restaurant for decades with beer and wine, seating for 55. The upstairs a storage room / office. Parking at rear and rear patio. Open flame cooking with hood. Has been vacant for 15 months approx. Base rent 6500.00 plus approx 1500.00 NNN This lease does not include the 2 bedroom residential on the second floor. - Sq Ft per city records. Base rent and NNN is not set on exact Sq Ft
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
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 3021 LINCOLN, SANTA MONICA, CA 90405
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Burgers N Brews
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Burgers N Brews | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,045 SF | Gross Leasable Area | 2,190 SF |
| Property Type | Retail | Year Built | 1924 |
| Property Subtype | Restaurant | Parking Ratio | 1.37/1,000 SF |
| Total Space Available | 1,045 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,190 SF |
| Year Built | 1924 |
| Parking Ratio | 1.37/1,000 SF |
ABOUT THE PROPERTY
Formerly LA Draught - Burgers and Brews, Santino's restaurant Bar and Werners subs. The property has been a restaurant / bar for nearly 40 years. Open flame cooking with hood, a new 750 gallon grease trap installed, interior seating capacity of 55 plus a rear patio area. There has been a beer and wine license utilized at the building for many years although new tenant will need to apply for new. There is a Santa Monica conditional use permit for a 47 liquor license, tenant will need to transfer in and or apply for new liquor license. The upstairs residential unit is not included in the 5600 per month rental - Approx 2k per month additional in NNN. This property burned to the ground in 2009 and was completely rebuilt in 2012,, all permitted and signed off on by the city of Santa Monica. 2 ADA compliant bathrooms, full kitchen, sprinklers and other kitchen appliances including a commercial gas stove / oven. The property has been vacant for approx 17 months
- Signage
- Waterfront
NEARBY MAJOR RETAILERS
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3021 Lincoln
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