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Retail Space on 3rd Street
For Lease
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1231 3rd Street Promenade, Santa Monica, CA 90401

Retail spaces available on the Third Street Promenade.

Space Size10,000 SF
Property Size40,000 SF
Days on Market1079

Property Features for 1231 3rd Street Promenade

General Information

Standard status Active
Size 10,000 SF
Property subtype Retail, Office, Restaurant

Building Details

Building Size 40,000 SF
Tenancy Multiple

Spaces For Lease

at 1231 3rd Street Promenade Contact us

Ground Floor

Size
10,000 SF
Type
Retail
Availability
Active
Contact us

2nd Floor

Size
10,000 SF
Type
Retail
Availability
Active
Contact us

Basement

Size
10,000 SF
Type
Retail
Availability
Active
Contact us

Rooftop

Size
10,000 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Brandon Cohan Real Estate
Listed By: Sheela Shouhed · License #CA 02106419
Source: Crexi
Added: Sep 22, 2023 Changed: Aug 15 Last Checked: Aug 29 at 1:26AM

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 commercial property offers retail spaces for rent. There are four spaces available, totaling 10,000 square feet. The property is located on 3rd Street Promenade in Santa Monica, California.

Key Highlights

  • Retail property
  • 10,000 SqFt
  • 4 spaces available

Property Analytics

Current Use

Couplet Coffee Pop ... Cafe & Coffee Shop

Suggested Use

Top Pick Grocery & Convenience Store Auto Parts Store Pet Grooming Service Storage Facility (Bike/Boat/Book/etc) 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

7,433
Businesses Nearby
450k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Apparel 32% Shops & Services 14% Superstores 9%
Target Superstores
38,703 visits/mo 0.3 miles
T.J. Maxx Apparel
31,827 visits/mo 0.1 miles
Hillstone Dining
26,824 visits/mo 0.1 miles
Nordstrom Apparel
25,648 visits/mo 0.3 miles
Trader Joe's Groceries
23,003 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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail spaces available on the Third Street Promenade.
Where is this retail space located?
The property is located at 1231 3rd Street Promenade Santa Monica, CA.
What are key features of this property?
This property features: Retail property; 10,000 SqFt; 4 spaces available
More about this property
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