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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

402 Santa Monica Blvd Santa Monica, CA 90405

32,930 SF
Property ID
Property summary
AI-generated overview

This exceptional 32,930 square foot retail property, located at 402 Santa Monica Boulevard in the heart of downtown Santa Monica, California (zip code 90405), presents a unique leasing opportunity. The two-story building, constructed in 1995, boasts a prominent brick façade and offers flexible space options. Currently entirely vacant, the property is divisible into spaces ranging from a minimum of 15,430 square feet to a maximum contiguous space of 17,500 square feet. The building's former tenant was REI, highlighting its suitability for large-format retail, recreation, entertainment, or restaurant concepts. Situated in Los Angeles County, this corner flagship location provides unparalleled visibility and accessibility within a vibrant and high-traffic area of Santa Monica. The property's expansive square footage and prime location make it an ideal choice for businesses seeking a significant presence in this desirable market. This is a rare opportunity to secure a substantial retail space in one of Southern California's most sought-after locations. The property's versatility allows for a wide range of potential uses, catering to a diverse array of businesses.

Property profile
Verified
Property type Retail properties & Spaces
Total area 32,930 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • REI Bike Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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