For Sale
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
The Largest CRE Database in the US with Over 1 Million Listings

1427 4Th St Santa Monica, CA 90401

Loading data...
Loading data...
Loading data...
For Sale
Contact for pricing

Single tenant West Elm property in prime Santa Monica location.

We can help!

Listing Contact
Bill Bauman
Source: Nmrk

Listing Agent: Bill Bauman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

Learn more


Overview

Santa Monica Retail Investment Opportunity

Located in the coastal community of Santa Monica, this property features 24,705 square feet of improvements on a 0.38-acre parcel. The property fronts 4th Street, situated between Santa Monica Boulevard and Broadway, within the heart of Santa Monica’s commercial and pedestrian district. This area includes the 3rd Street Promenade and Santa Monica Place. The property is currently occupied by West Elm, under a 12-year lease expiring in 2031, with 3% annual increases. West Elm is a wholly-owned subsidiary of Williams-Sonoma, Inc (NYSE:WSM). The West Elm lease is fully guaranteed by Williams-Sonoma, Inc. The surrounding area has a dense consumer base and daytime population. The demographic profile within a 3-mile radius includes 168,946 people with an average household income exceeding $184,000, and within a 5-mile radius, there are over 407,200 people with an average household income exceeding $180,500.
Location Intelligence

Current Use by Public Records

west elm Furniture Store National Air Duct ... Air Duct Cleaning Service west elm Bedding Water Damage Restoration Service

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Santa Monica
County
Los Angeles
State
California
Longitude
-118.4947094
Latitude
34.016034

FAQs

What type of property is this?
Retail property - Single tenant West Elm property in prime Santa Monica location.
Where is this retail property located?
The property is located at 1427 4Th St Santa Monica, CA.
What are key features of this property?
This property features: - High-credit, single-tenant NNN lease guaranteed by Williams-Sonoma, Inc. (NYSE:WSM), providing ultimate security and stability.; - Core Santa Monica location within the heart of the commercial and pedestrian-friendly district, near the 3rd Street Promenade and Santa Monica Place.; - 12-year lease with West Elm expiring in 2031, featuring 3% annual rent increases, hedging against inflation.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message