Listing Agency: a***@cbre.com Show Phone

Listed By: Alex Sagues · License #02055525 Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Aug 12 Last Checked: Aug 21 at 9:10AM

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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 Alex Sagues

Investment Insights

Based on property information with market context.

The retail space at 711 Colorado Avenue is situated in Santa Monica, specifically at the intersection of 7th Street and Colorado Avenue. This location is near the Third Street Promenade. The property is part of a mixed-use development featuring ground floor retail spaces.

Key Highlights

• Unbeatable location steps away from the Third Street Promenade.
• Located in the vibrant city of Santa Monica.
• Cutting edge mixed‑use development.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

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

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

8,268

Businesses Nearby

500k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 28% Apparel 27% Shops & Services 26% Superstores 8%

Target Superstores

38,703 visits/mo 0.3 miles

T.J. Maxx Apparel

31,827 visits/mo 0.5 miles

Nordstrom Apparel

25,648 visits/mo 0.4 miles

Trader Joe's Groceries

23,003 visits/mo 0.2 miles

Urban Outfitters Apparel

21,658 visits/mo 0.4 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

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Prime retail location steps from Third Street Promenade in Santa Monica.

Where is this retail space located?

The property is located at 711 Colorado Avenue Santa Monica, CA.

What are key features of this property?

This property features: Unbeatable location steps away from the Third Street Promenade.; Located in the vibrant city of Santa Monica.; Cutting edge mixed‑use development.