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Santa Monica Office/Retail Space
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1314 Wilshire Blvd, Santa Monica, CA 90403

Office and retail space available for lease in Santa Monica.

Property Size18,206 SF
Days on Market834

Property Features for 1314 Wilshire Blvd

General Information

Standard status Active
Size 18,206 SF
Property subtype Retail, Office
Listing Agency: Newmark | Los Angeles - Century City
Listed By: Jay Luchs · License #CA 01260345
Source: Crexi
Added: Apr 18, 2024 Changed: Jul 10 Last Checked: Jul 30 at 10:47AM

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 Newmark | Los Angeles - Century City

Investment Insights

Based on property information with market context.

This commercial property offers approximately 18,206 square feet of rentable space, suitable for office and retail use. The ground floor provides approximately 10,036 square feet, while the second floor offers approximately 8,170 square feet. The property is located on Wilshire Blvd in Santa Monica, California.

Key Highlights

  • Total ±18,206 RSF available.
  • Ground Floor: ±10,036 RSF.
  • Second Floor: ±8,170 RSF.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Butcher Tattoo & Piercing Shop Pet Grooming Service 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
$11.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

8,924
Businesses Nearby

Demographics for 90403, CA

25,278
Population
14,853
Households
1.7
Avg Household Size
42
Median Age
72%
College-Educated
96%
High-School Grad
1.4 sq mi
ZIP Area
18,056
Density / Sq Mi
$121,512
Median Household Income
$82,557
Median Earnings
$2,443
Median Rent
$1,553,500
Median Home Value

Market

Lease Benchmarks for Santa Monica, CA

$15 /SF/Yr
Avg Asking Price
$5.15–$48 /SF/Yr
Price Range
4,374 SF
Avg Space Size

This space is priced 420% above the average of $15 /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
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Frequently Asked Questions

What type of property is this?
Office units - Office and retail space available for lease in Santa Monica.
Where is this office units located?
The property is located at 1314 Wilshire Blvd Santa Monica, CA.
What is the lease rate?
The lease rate is $78 SF/Yr.
What are key features of this property?
This property features: Total ±18,206 RSF available.; Ground Floor: ±10,036 RSF.; Second Floor: ±8,170 RSF.
More about this property
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