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Office Space Available For Lease
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3003 Pennsylvania Ave, Santa Monica, CA 90404

Office space for lease at 3003 Pennsylvania Ave, Santa Monica.

Space Size5,600 SF
Days on Market1497

Property Features for 3003 Pennsylvania Ave

General Information

Standard status Active
Size 5,600 SF
Class B
Property subtype Office
Lease Type Modified Gross

Building Details

Building Size 5,600 SF
Year Built 1956
Tenancy Single

Spaces For Lease

at 3003 Pennsylvania Ave Contact us

Available Space 1

Size
5,600 SF
Type
Office
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: Lee & Associates - Los Angeles - West
Listed By: Aleks Trifunovic, SIOR · License #01363109
Source: Crexi
Added: Jul 28, 2022 Changed: Aug 25 Last Checked: Aug 31 at 2:04PM

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 Lee & Associates - Los Angeles - West

Investment Insights

Based on property information with market context.

This commercial real estate property, identified as an office space, is available for lease at 3003 Pennsylvania Ave in Santa Monica, CA 90404.

Key Highlights

  • For lease
  • Year built: 1956

Property Analytics

Current Use

Peri (Bike/Boat/Book/etc) Store Rule 14 Consultant HGM Business Management Consultant Zuma Bank PLEXUS Business Management Consultant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Barber Shop Clothing & Fashion Store Tanning Salon Tattoo & Piercing Shop 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
$7.11 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,945
Businesses Nearby
Well-served
Demand for This Use

Demographics for 90404, CA

21,995
Population
11,499
Households
1.9
Avg Household Size
39
Median Age
59%
College-Educated
90%
High-School Grad
2.0 sq mi
ZIP Area
10,998
Density / Sq Mi
$85,081
Median Household Income
$66,349
Median Earnings
$2,095
Median Rent
$1,159,500
Median Home Value

Market

Lease Benchmarks for Santa Monica, CA

$5.54 /SF/Yr
Avg Asking Price
$5.12–$6.5 /SF/Yr
Price Range
15,698 SF
Avg Space Size

This space is priced 755% above the average of $5.54 /SF/Yr.

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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Frequently Asked Questions

What type of property is this?
Office space - Office space for lease at 3003 Pennsylvania Ave, Santa Monica.
Where is this office space located?
The property is located at 3003 Pennsylvania Ave Santa Monica, CA.
What is the lease rate?
The lease rate is $47.40 SF/Yr.
What are key features of this property?
This property features: For lease; Year built: 1956
More about this property
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