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Prime Montana Ave Retail Boutique 1121 Montana Ave
1,042 SF of Retail Space Available in Santa Monica, CA 90403
Highlights
- ± 1,042 SF Space: ideal for retail / beauty / boutique
- Squarely in the heart of the shopping district between 11th Street & 12th Street
- Santa Monica median home sale price ± $2,200,000 in 2024 (per Movoto.com)
- High End space with smooth concrete floors, beautiful skylight and large front window with soaring entryway
- $150,000+ AHHI within 1-mile radius
- Prime Montana Avenue retail corridor stretches from 7th Street to 17th Street
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1121 | 1,042 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 1121
Pegasus is pleased to present a trophy boutique leasing opportunity at 1121 Montana Avenue in posh Santa Monica. Montana is the premier destination shopping street on the Westside, featuring a tree-lined avenue ending with views of the sparkling Santa Monica Bay. Montana Avenue offers unique shopping, artisanal workshops, world-class dining, cutting-edge wellness and relaxation, and an exceptional atmosphere. This rare space takes advantage of terrific street fronting location with huge amounts of natural light with a soaring entryway and natural skylight, charming facade, and ideal positioning in the heart of the Montana corridor. Previously a boutique fashion store, the site is ideally suited for beauty services or boutique retail and would be an ideal landing spot for a flagship location in this exceptional Santa Monica submarket. If you have yet to plant your brand’s flag on Montana Avenue, this is your opportunity.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Recessed Lighting
- ± 1,042 SF Space: Retail | Beauty | Boutique
- Smooth Concrete Floors
- Beautiful Skylight
- Large Front Windows with Soaring Entryway
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 1121 Montana Ave , Santa Monica, CA 90403
| Property Type | Retail | Year Built | 1941 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.76/1,000 SF |
| Gross Leasable Area | 1,042 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 1,042 SF |
| Year Built | 1941 |
| Parking Ratio | 5.76/1,000 SF |
About the Property
Pegasus is pleased to present a trophy boutique leasing opportunity at 1121 Montana Avenue in posh Santa Monica. Montana is the premier destination shopping street on the Westside, featuring a tree-lined avenue ending with views of the sparkling Santa Monica Bay. Montana Avenue offers unique shopping, artisanal workshops, world-class dining, cutting-edge wellness and relaxation, and an exceptional atmosphere. This rare space takes advantage of terrific street fronting location with huge amounts of natural light with a soaring entryway and natural skylight, charming facade, and ideal positioning in the heart of the Montana corridor. Previously a boutique fashion store, the site is ideally suited for beauty services or boutique retail and would be an ideal landing spot for a flagship location in this exceptional Santa Monica submarket. If you have yet to plant your brand’s flag on Montana Avenue, this is your opportunity.
- 24 Hour Access
- Bus Line
- Commuter Rail
- Signage
- Skylights
Nearby Major Retailers
-
Andrew Cohen -
Emmet Pierson -
Pegasus Investments
Presented by
Prime Montana Ave Retail Boutique | 1121 Montana Ave
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