SANTA MONICA ONE BLOC ROM THIRD STREET …...SANTA MONICA ONE BLOC ROM THIRD STREET PROMENADE 2nd...

SANTA MONICA · ONE BLOCK FROM THIRD STREET PROMENADE

2nd Gen. Restaurant Space For Lease1403 2nd Street, Santa Monica, CA 90401

CHRISTINE DESCHAINE310-887-6440 [email protected] CalBRE #00905121

CHARLIE [email protected] #02087072


2nd Generation Restaurant Space For Lease1403 2nd Street, Santa Monica, CA 90401

Christine Deschaine 310-887-6440 [email protected] CalBRE #00905121

Charlie Rogers 310-887-6407 [email protected] CalBRE #02087072

Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400

Kennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00659610) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.

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AVAILABLESize: ±3,898 SF

Rent: $7.50 PSF/Mo., NNN

NNN: $0.90 PSF/Mo.

Parking: Steps away from public Parking Structure 6(First 90 minutes free)

PROPERTY HIGHLIGHTS

• Second generation restaurant space currently operated as Ippudo Ramen

• Beer and wine license available

• Full kitchen already in place with shaft and grease interceptor; 240V-3 Phase power

• Building is sprinklered

• Steps from the Third Street Promenade with over 29 million total pedestrian impressions in 2018-19

• Incredible retail, services and dining on 2nd Street including: Coffee Bean & Tea Leaf, 24 Hour Fitness, Nekter Juice Bar, Hot 8 Yoga, Orangetheory Fitness, North Italia, True Food Kitchen, Hillstone and Equinox.

• Located in what is known as Santa Monica’s “Fitness Corridor”

• One block from Santa Monica Place, anchored by Nordstrom and Bloomingdale’s

• Do not disturb existing tenant

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Disclosure: The property is located in the Santa Monica Business Assessment District bounded by Ocean Avenue to the west, Wilshire Boulevard to the north, Lincoln Boulevard to the east and the Santa Monica Freeway to the south and Landlord and Tenant are subject to additional City of Santa Monica fees.

1403 2ND STREET

4th St.

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Floor Plan

N Second Street

Bathroom

Kitchen

Dining Room

Storage/Office

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2nd Street Neighboring Tenants

downtown mapDowntown Santa Monica, Inc.1351 Third Street Promenade, Suite 201Santa Monica, CA [email protected]

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Published March 2019

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C5 Urban Hats ................................. Santa Monica Place Suite K Level 1 A4 Nèkter Juice Bar............................................................. 1422C SecondC5 Sarku Japan ................................................ Santa Monica Place #380 A5 General Assembly..............................................................1520 Second F5 Phenix Salon Suites ...................................................... 626 Broadway G4 Training Mate ..................................................................1454 Lincoln Movie TheatersGrid# Grid# Shoes







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0.5 Mile 1 Mile 2 Miles

POPULATION

2019 Estimated Population 14,909 33,848 88,273

2024 Projected Population 15,086 34,250 89,100

2010 Census Population 13,585 31,556 85,418

2000 Census Population 11,688 28,860 79,957

Projected Annual Growth 2019 to 2024 0.2% 0.2% 0.2%

Historical Annual Growth 2000 to 2019 1.5% 0.9% 0.5%

2019 Median Age 39.6 39.9 40.4

HOUSEHOLDS

2019 Estimated Households 9,829 20,555 48,174

2024 Projected Households 10,185 21,286 49,806

2010 Census Households 8,628 18,417 44,956

2000 Census Households 7,473 16,958 42,506

Projected Annual Growth 2019 to 2024 0.7% 0.7% 0.7%

Historical Annual Growth 2000 to 2019 1.7% 1.1% 0.7%

2019 Estimated White 77.0% 76.8% 74.9%

2019 Estimated Black or African American 3.9% 4.4% 4.6%

2019 Estimated Asian or Pacific Islander 10.9% 10.2% 10.4%

2019 Estimated American Indian or Native Alaskan 0.3% 0.3% 0.4%

2019 Estimated Other Races 7.9% 8.2% 9.7%

2019 Estimated Hispanic 12.9% 13.9% 16.0%

INCOME

2019 Estimated Average Household Income $117,918 $122,314 $146,257

2019 Estimated Median Household Income $89,221 $89,525 $97,980

2019 Estimated Per Capita Income $78,023 $74,608 $80,040

EDUCATION

2019 Estimated Elementary (Grade Level 0 to 8) 0.7% 1.8% 2.5%

2019 Estimated Some High School (Grade Level 9 to 11) 2.5% 2.3% 2.8%

2019 Estimated High School Graduate 8.3% 8.0% 8.6%

2019 Estimated Some College 12.2% 13.5% 13.4%

2019 Estimated Associates Degree Only 4.6% 4.7% 4.7%

2019 Estimated Bachelors Degree Only 42.9% 42.7% 39.7%

2019 Estimated Graduate Degree 28.7% 27.1% 28.2%

BUSINESS

2019 Estimated Total Businesses 3,234 5,597 11,063

2019 Estimated Total Employees 23,680 44,159 87,231

2019 Estimated Employee Population per Business 7.3 7.9 7.9

2019 Estimated Residential Population per Business 4.6 6.0 8.0

Top Employers inDowntown Santa Monica

# Employees

Fairmont Miramar Hotel 493PatientPop Inc. 400ZipRecruiter Inc. 323Macerich Company 263Nordstrom 259Santa Monica Proper Hotel 250

Area Demographics

SANTA MONICA ONE BLOC ROM THIRD STREET …...SANTA MONICA ONE BLOC ROM THIRD STREET PROMENADE 2nd...

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