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- LoopNet Team
1231 3rd Street Promenade
Santa Monica, CA 90401
1231-1233 Third Street Promenade · Property For Lease
Highlights
- 1231-1233 3rd Street Promenade offers tenants more affordable rent for a prime retail storefront with modern aesthetics and endless possibilities.
- Versatile layout options accommodate various needs and configurations, including the use of the roof with sweeping ocean views.
- Take advantage of convenient access to 90 minutes of free public parking behind the building and plenty of public lots nearby.
- In the heart of 3rd St. Promenade, a bustling shopping and entertainment district with everything from farmers markets to designer fashion.
- Benefit from the constant, daily pedestrian flow of over 319,000 locals and tourists with 5.3 million people visiting Santa Monica in 2022.
PROPERTY FACTS
| Property Type | Retail | Total Land Area | 0.24 AC |
| Property Subtype | Storefront | Year Built/Renovated | 1962/2000 |
| Gross Leasable Area | 30,411 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 30,411 SF |
| Total Land Area | 0.24 AC |
| Year Built/Renovated | 1962/2000 |
About the Property
1231-1233 3rd Street Promenade is a premier retail property that offers an exceptional opportunity for businesses looking to thrive in one of Santa Monica’s most vibrant and high-traffic areas. Acquired at a competitive price, the building’s cost-efficiency enables the owner to provide more affordable rental rates, making this prime location accessible to a wide range of retailers. The property's modern design features sleek interiors and a versatile layout, allowing for flexible configurations to suit various business needs. Tenants will benefit from the building's strategic positioning amidst a bustling shopping district that attracts both locals and tourists, ensuring high foot traffic daily. The surrounding area boasts a wealth of amenities that enhance the appeal of this retail space. 3rd Street Promenade is renowned for its lively atmosphere, with a rich mix of popular stores, trendy boutiques, gourmet dining options, and entertainment venues. This dynamic environment draws shoppers and creates a vibrant community feel that enhances the customer experience. Additionally, ample nearby parking structures provide convenient access for tenants and their customers, alleviating the common issue of urban parking challenges. The proximity to major attractions such as the Santa Monica Pier and the beach further adds to the location’s desirability, ensuring a steady influx of visitors year-round. This combination of prime, affordable property in a thriving area makes 1231-1233 3rd Street Promenade an ideal choice for businesses aiming to establish a strong presence in a sought-after retail corridor.
