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Prime Retail/Office on the Promenade 1355 3rd Street Promenade
2,000 - 35,393 SF of 4-Star Space Available in Santa Monica, CA 90401
Highlights
- Corner Landmark Building on 3rd Street Promenade
- Retail / Office
- High Visibility / High Identity
Space Availability (5)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| Basement, Ste B | 6,859 SF | 10’ | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 1 | 2,000-7,573 SF | 12’ - 14’6” | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | |
| 2nd Floor, Ste 2 | 7,008 SF | 16’ - 19’6” | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | |
| 3rd Floor | 7,008 SF | 16’ - 19’6” | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD | |
| 4th Floor, Ste 4 | 6,945 SF | 10’ - 12’ | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
Basement, Ste B
Subterranean space with dedicated HVAC, private restrooms, and elevator access. Can be used for retail, office, or a lounge/speakeasy concept. Ceilings up to 10'
- Located in-line with other retail
- Can be combined with additional space(s) for up to 35,393 SF of adjacent space
- Central Air and Heating
- Private Restrooms
- Finished Ceilings: 10’
1st Floor, Ste 1
Rare corner availability! High visibility intersection, 11 large storefront windows, 200 linear feet for exposure!
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 35,393 SF of adjacent space
- Finished Ceilings: 12’ - 14’6”
- Irreplaceable Promenade Location
- 7,573 SF on Street Level
- High Ceilings : 12 - 14'
- 11 Large Storefront Windows
- 200' of Linear Exposure
2nd Floor, Ste 2
Exceptional opportunity to lease the storied corner of Santa Monica Boulevard and Third Street Promenade. High visibility asset surrounded by the dynamic retail and restaurants, steps to the beach and pier. Unique and desirable space. Space currently opened to the 3rd floor for double height ceiling effect.
- Can be combined with additional space(s) for up to 35,393 SF of adjacent space
- Corner Space
- High Ceilings
- Finished Ceilings: 16’ - 19’6”
3rd Floor
Landlord is prepared to restore 3rd floor as needed.
- Open Floor Plan Layout
- Fits 18 - 57 People
- Finished Ceilings: 16’ - 19’6”
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 35,393 SF of adjacent space
- Sweeping Views Above the Promenade
- Light & Bright Space
4th Floor, Ste 4
Top floor space with ocean views. Picture windows line the entire perimeter of the suite. Exposed brick.
- Open Floor Plan Layout
- Fits 18 - 56 People
- Finished Ceilings: 10’ - 12’
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 35,393 SF of adjacent space
- Corner Space
- Ocean Views
- Ocean Views
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 1355 3rd Street Promenade , Santa Monica, CA 90401
| Min. Divisible | 2,000 SF | Gross Leasable Area | 35,393 SF |
| Property Type | Retail | Year Built/Renovated | 1911/1989 |
| Property Subtype | Storefront Retail/Office |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 35,393 SF |
| Year Built/Renovated | 1911/1989 |
About the Property
One-of-a-kind flagship retail opportunity at the prime corner of Santa Monica Blvd and 3rd Street Promenade. Occupied by GAP for nearly 25 years, 1355 Third Street Promenade is a location of significance, ideal for apparel, department store, restaurant, experiential uses and creative office.
- Corner Lot
- Property Manager on Site
- Signalized Intersection
- Accent Lighting
- Roof Terrace
Nearby Major Retailers
-
Jake Zacuto -
Jackie Lubrano -
Ben Khoubian -
Michael Spiegel -
Zacuto Group
Presented by
Prime Retail/Office on the Promenade | 1355 3rd Street Promenade
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