1251 Third Street Promenade, Santa Monica, CA
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A C Third Street Promenade , A C I N O M A S A N T OUTSTANDING RESTAURANT SPACE UNBEATABLE LOCATION spacethe LOCATION TERM East block between Wilshire Boulevard 10 years and Arizona Avenue POSSESSION SIZE Immediate 3,880-SF prime ground-floor restaurant space with recessed patio NEIGHBORING RESTAURANTS Sweetgreen, Hillstone, Lemonade, Locanda Del FRONTAGE Lago, Trastevere, and Wally’s Wine & Spirits 26 FT along Third Street Promenade (coming soon) 3,880 SF ARIZONA AVENUE ARIZONA UP Patio 26 FT THIRD STREET PROMENADE CONCEPTUAL RENDERING hereit’s happening COMMAND THE CROWD his amazing restaurant opportunity is perfectly positioned in Tthe dynamic and bustling Third Street Promenade in Downtown Santa Monica — one of Southern California’s most sought-after retail and dining destinations. Drawing crowds from the Greater Los Angeles area and around the globe, Santa Monica boasts over 3,700 hotel rooms that experience 85% occupancy year round. In 2015, $1,83 billion was spent by 8.3 million visitors — 77% of which came to Third Street Promenade. Third Street Promenade and the surrounding Downtown Santa Monica area is home to local and international brands and acclaimed eateries. Restaurants from some of the world’s most recognized chefs are located here including, BOA Steakhouse, Sushi Roku, Water Grill, Mercado, Blue Plate Taco, Del Frisco’s Grille, The Misfit, The Lobster, The Ivy at the Shore, Hillstone and Blue Plate Oysterette. Casual restaurants in the neighborhood include Tender Greens, SUGARFISH, Umami Burger, 800 Degrees Pizza, Le Pain Quotidien, Nekter Juice, Burger Lounge, Lemonade and Sweetgreen. 3,700 HOTEL ROOMS IN SANTA MONICA WITH 85.2% OCCUPANCY YEAR ROUND $1.83 BILLION SPENT BY VISITORS IN 2015 8.3 MILLION VISITORS IN 2015 77% OF VISITORS ATTENDED THE THIRD STREET PROMENADE 5TH STREET Mixed-Use Development - 125,000 SF Open Space - 254,000 SF Hotel - 106,800 SF Office - 42,400 SF Retail - Public Plaza - 48 Affordable housing units - 48 Very low-income housing units BROADWAY 4TH STREET ARIZONA AVENUE active WILSHIRE BOULEVARD SANTA MONICA BOULEVARD Britannia Pub JOHNNY WAS Santa Third Street Promenade Monica Place COLORADO AVENUE TRASTEVERE HOUR 2ND STREET Thai Dishes The Craftsman Bar and Kitchen Joe’s Pizza Seaside Grill Ivy at The Shore Bar Pintxo 1 OCEAN AVENUE Palisades Park 233 WILSHIRE BOULEVARD | SUITE 310 SANTA MONICA, CA 90401 MARC FINKEL RACHEL ROSENBERG [email protected] | RKF.COM 310.593.0773 310.593.0757 © 2017 RKF GROUP CALIFORNIA, INC. All information is from sources believed reliable, not independently verified, and thus subject to errors, omissions, and modifications such as price, listing, square footage, rates and [email protected] [email protected] Santa commissions. All information, estimates and projections subject to change, market assumptions, unknown facts and conditions, and future potentialities. RKF makes no express or implied representations or warranties, as facts Monica and results may vary materially from all information, estimates and projections. LIC# 01796698 lic#07969983 lic#01434287 All renderings presented are conceptual. Pier.