1315 3rd St Promenade, Santa Monica, CA 90401-1354
This exceptional five-story retail property, located at 1315 3rd Street Promenade in Santa Monica, California (zip code 90401), presents a unique investment opportunity. The building is categorized as entertainment and restaurant space, ideal for a variety of uses. Its prime location on the bustling 3rd Street Promenade ensures high foot traffic and visibility, making it an attractive destination for businesses seeking a prominent presence in this vibrant area of Los Angeles County. The property is a single-tenancy building, offering a cohesive and easily managed space. The exact square footage is not specified, but the five-story structure suggests substantial space available. This property is perfect for a business looking to establish a flagship location or expand its existing operations in a high-demand market. The address is easily accessible and benefits from the high volume of pedestrian and vehicular traffic characteristic of the 3rd Street Promenade. Further details regarding lease terms and specific amenities are available upon request. This is a rare opportunity to secure a prominent retail space in one of Southern California's most desirable locations. Interested parties should inquire promptly to learn more about this exceptional property.
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Dialogue General Contractor Renovation Specialist
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Chipotle Mexican Grill Restaurant
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Camile Thai at Kitchen United MIX Restaurant
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The Gallery Food Hall Restaurant
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المعهد ecenglish High School
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SMBSC1* · Santa Monica, CASanta Monica. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.