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Third Street Promenade 1241-1245 3rd St
3,616 SF of Retail Space Available in Santa Monica, CA 90401
Highlights
- Second generation retail store.
- Immediate availability.
- Ample parking via nearby parking structures.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Retail | 3,616 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
1334 3rd Street Promenade - 1st Floor - Ste Retail
*** Ownership ready to make aggressive short term deal*** High visibility retail space along an attractive stretch of the 3rd Street Promenade. Prime location adjacent to Zara, Athleta, Coffee Bean and Adidas. Previous tenant: Superdry.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- High Ceilings
- Exposed Ceiling
- Fantastic Visibility along 1300 block of Promenade
- Ownership ready to make attractive short term deal
- A+ Prime location
- Walkable to Metro/Expo Line
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 1241-1245 3rd St , Santa Monica, CA 90401
| Center Type | Regional Mall | Gross Leasable Area | 754,927 SF |
| Parking | 210 Spaces | Total Land Area | 13.71 AC |
| Center Properties | 57 | Year Built | 1990 |
| Frontage | Third Street Promenade |
| Center Type | Regional Mall |
| Parking | 210 Spaces |
| Center Properties | 57 |
| Frontage | Third Street Promenade |
| Gross Leasable Area | 754,927 SF |
| Total Land Area | 13.71 AC |
| Year Built | 1990 |
About the Property
The Property is situated at the prime southern end of the Third Street Promenade, five storefronts from the gateway to Santa Monica Place, which features Bloomingdale' s and Nordstrom in a contemporary three-level outdoor environment.
- Bus Line
Nearby Major Retailers
Presented by
Third Street Promenade | 1241-1245 3rd St
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