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The Tides Bldg 331 Santa Monica Blvd
3,094 SF of Retail Space Available in Santa Monica, CA 90401
Highlights
- One block from The 3rd Street Promenade, one of the most visited retail destinations in Southern California
- Tremendous opportunity and space available
- Four blocks from the Pacific Ocean
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 3,094 SF | Negotiable | $102.00 /SF/YR $8.50 /SF/MO $1,098 /m²/YR $91.49 /m²/MO $26,299 /MO $315,588 /YR | Triple Net (NNN) |
1st Floor, Ste B
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
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 331 Santa Monica Blvd , Santa Monica, CA 90401
| Property Type | Retail | Total Land Area | 0.34 AC |
| Property Subtype | Storefront Retail/Residential | Year Built | 2003 |
| Gross Leasable Area | 36,535 SF | Parking Ratio | 10/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 36,535 SF |
| Total Land Area | 0.34 AC |
| Year Built | 2003 |
| Parking Ratio | 10/1,000 SF |
About the Property
Excellent visibility & signage at a signalized intersection at 4th and Santa Monica Mixed-use property with residential and co-tenants include Burke Williams Neighboring retail tenants include Design With Reach, West Elm, Pottery Barn and many more... One block from The 3rd Street Promenade, four blocks from the Pacific Ocean. The 3rd Street Promenade is one of the most visited retail destinations in all of Southern California. High foot traffic with superb demographics With approximately 7.3 million visitors each year and domestic and international Tourists spending approximately $1.53 Billion annually, Santa Monica is one of the most desirable locations in all of Southern California. With the addition of the Purple Line Extension Metro Stop at 4th and Colorado, renovation of the Santa Monica Place, the completion of the Tongva Park, and the new and future developments/mixed-use developments, Downtown Santa Monica is continuing to thrive and grow.
Nearby Major Retailers
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David Passman -
The Passman Group Inc
Presented by
The Tides Bldg | 331 Santa Monica Blvd
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