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2700-2720 Lincoln Blvd

9,828 SF 100% Leased Retail Building Santa Monica, CA 90405 $15,750,000 ($1,602.56/SF)

INVESTMENT HIGHLIGHTS

  • Full city block Santa Monica mixed-use development opportunity (JOINT VENTURE possible - all tenants mo-2-mo)
  • Ideal Electric Vehicle service facility and/or EV charging site
  • Drive-through oil & lube with business office and private bathroom
  • Irreplaceable "grandfathered" auto repair service facility
  • Rare long-term MASTER LEASE opportunity, for an electric vehicle (EV) or other car manufacturer service facility
  • Three (3) curb cuts (Lincoln Boulevard, Hill Street & Raymond Avenue) for ingress / egress

EXECUTIVE SUMMARY

Approx. 2,000 square foot (stand-alone) building (auto repair / office / retail / showroom)
Approx. 8,000 square feet of single & tandem depth auto bays
Great opportunity to build a Single-Tenant building (for a large retailer or user)
Prime Westside Lincoln Boulevard location (flat terrain – no hillside to contend with)
Rare Full City Block (Hill Street to Raymond Avenue)
Tremendous Visibility along Lincoln Boulevard (approx. 260 feet of frontage)
Redevelopment Opportunities:
Irreplaceable Automotive Use (stand-alone building has three (3) drive-through oil & lube wells)
Mixed-Use & Affordable Development Incentives (State & Local – buyer to verify)
Affordable Housing receives Maximum FAR (City study cited as one of only 70 possible sites ~ less now)
Development & Sale Flexibility (all or a portion could potentially be delivered vacant)
Adaptive Re-use opportunity (conversion of auto repair improvements to retail)

PROPERTY FACTS

Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,828 SF
Building Class
B
Year Built
1969
Price
$15,750,000
Price Per SF
$1,602.56
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.36
Lot Size
0.62 AC
Zoning
C4, Santa Monica - Commercial
Frontage
267’ on Lincoln Blvd

AMENITIES

  • 24 Hour Access
  • Bus Line
  • Corner Lot
  • Drive Thru
  • Car Charging Station
  • Monument Signage

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 9,828 SF
  • Retail
  • Outparcel
  • 90 Days

Irreplaceable "grandfathered" auto repair master lease opportunity. The entire property can be delivered vacant, for a long-term credit tenant. Existing tenants are month-to-month. Property can be purchased for $15,750,000.00. Owners recently lowered pricing and prefer to sell. Property will be delivered as-is. Ideal EV service facility and/or EV charging site. Three curb cuts, for easy ingress & egress (Lincoln Boulevard, Hill Street & Raymond Avenue).

Space Size Space Use Position Available
1st Floor 9,828 SF Retail Outparcel 90 Days

1st Floor

Size
9,828 SF
Space Use
Retail
Position
Outparcel
Available
90 Days

1st Floor

Size 9,828 SF
Space Use Retail
Position Outparcel
Available 90 Days

Irreplaceable "grandfathered" auto repair master lease opportunity. The entire property can be delivered vacant, for a long-term credit tenant. Existing tenants are month-to-month. Property can be purchased for $15,750,000.00. Owners recently lowered pricing and prefer to sell. Property will be delivered as-is. Ideal EV service facility and/or EV charging site. Three curb cuts, for easy ingress & egress (Lincoln Boulevard, Hill Street & Raymond Avenue).

Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Peet's Coffee
Gelson's Market
CrossFit
Blue Bottle Coffee
Starbucks
Umami Burger
StretchLab
LA Fitness
Bareburger
Chase Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 4287-017-041
  • 4287-017-043
  • 4287-017-044
  • 4287-017-042
Land Assessment
$1,850,389
Improvements Assessment
$961,268
Total Assessment
$2,811,657
  • Listing ID: 30673383

  • Date on Market: 1/16/2024

  • Last Updated:

  • Address: 2700-2720 Lincoln Blvd, Santa Monica, CA 90405

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