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Business for Sale 1304-1306 Wilshire Blvd
1,500 SF of Retail Space Available in Santa Monica, CA 90403
Sublease Highlights
- Established Veterinary Business for Sale
- Trusted establishment for over 20 years
- Opportunity for growth and expansion
- Affluent Pet Friendly Neighborhood
- Existing build-out with FF&E's included in the price
- Parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,500 SF | Aug 2025 | $62.76 /SF/YR $5.23 /SF/MO $94,140 /YR $7,845 /MO | Triple Net (NNN) |
1st Floor
Business only for sale $880,000. Retail space for lease on Wilshire Blvd in Santa Monica, CA. goes with the sale of the Veterinary Clinic only.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
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.
PROPERTY FACTS FOR 1304-1306 Wilshire Blvd , Santa Monica, CA 90403
| Property Type | Retail | Year Built | 1948 |
| Property Subtype | Storefront | Parking Ratio | 1.05/1,000 SF |
| Gross Leasable Area | 5,720 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 5,720 SF |
| Year Built | 1948 |
| Parking Ratio | 1.05/1,000 SF |
About the Property
This is a Veterinarian Business opportunity with lease attached. Business Key fee is $1880,000. This is a fantastic opportunity for those looking to step into the thriving world of pet care. Situated in the heart of Santa Monica, this ready to go veterinary business awaits a passionate owner/user to take the reins. Established 1500 SF pet clinic with a lease in place until 8/31/2025. Prime location offering excellent visibility and foot traffic. 2 Treatment Rooms Rare chance for an owner/user to acquire an established business with all fixtures, furniture, and equipment included. Potential for expansion with an additional unit next door possibly available. Don't miss out on this incredible opportunity to own and operate a successful veterinary business in one of Santa Monica's most sought-after locations. Contact us today to learn more and seize this chance to make your mark in the pet care industry! Please return NDA for Offering Memorandum
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Business for Sale | 1304-1306 Wilshire Blvd
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