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Prime Retail Space Santa Monica
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1431 3rd Street Promenade, Santa Monica, CA 90401

Prestigious retail and entertainment destination in downtown Santa Monica.

Space Size1,500 SF - 7,500 SF
Property Size16,500 SF
Days on Market1835

Property Features for 1431 3rd Street Promenade

General Information

Standard status Active
Size 1,500 SF - 7,500 SF
Total Parking Spaces 6194
Property subtype Retail

Building Details

Building Size 16,500 SF
Year Built 1906
Tenancy Multiple

Spaces For Lease

at 1431 3rd Street Promenade Contact us

1st floor

Size
7,500 SF
Type
Retail
Availability
Active
Contact us

2nd floor

Size
7,500 SF
Type
Retail
Availability
Active
Contact us

Mezzanine

Size
1,500 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Brandon Cohan Real Estate
Listed By: Brandon Cohan · License #CA #01903949
Source: Crexi
Added: Aug 20, 2021 Changed: Aug 25 Last Checked: Aug 26 at 8:30AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brandon Cohan Real Estate

Investment Insights

Based on property information with market context.

This retail space is located on the 1400 block of 3rd Street Promenade in Santa Monica. Situated a short distance from the Apple store, this location offers expansive window storefronts and high ceilings. The property also features a second-floor skylight roof. This location is positioned as a retail and entertainment destination.

Key Highlights

  • Located in the absolute best section of the Promenade on the 1400 block.
  • Positioned near the Apple store in Downtown Santa Monica.
  • Features expansive window store fronts.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Clothing & Fashion Store Grocery & Convenience Store Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,866
Businesses Nearby
530k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 44% Apparel 27% Shops & Services 11% Superstores 7%
Bubba Gump Shrimp Co. Dining
64,192 visits/mo 0.4 miles
Target Superstores
38,703 visits/mo 0.1 miles
T.J. Maxx Apparel
31,827 visits/mo 0.3 miles
Hillstone Dining
26,824 visits/mo 0.3 miles
Nordstrom Apparel
25,648 visits/mo 0.1 miles

Demographics for 90401, CA

8,167
Population
5,782
Households
1.4
Avg Household Size
39
Median Age
76%
College-Educated
97%
High-School Grad
0.8 sq mi
ZIP Area
10,209
Density / Sq Mi
$106,704
Median Household Income
$98,906
Median Earnings
$2,549
Median Rent
$1,129,700
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Prestigious retail and entertainment destination in downtown Santa Monica.
Where is this retail space located?
The property is located at 1431 3rd Street Promenade Santa Monica, CA.
What are key features of this property?
This property features: Located in the absolute best section of the Promenade on the 1400 block.; Positioned near the Apple store in Downtown Santa Monica.; Features expansive window store fronts.
More about this property
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