1705 Ocean Avenue Santa Monica, California
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1705 OCEAN AVENUE & SANTA MONICA, CALIFORNIA URBAN. UNIQUE. UNPARALELLED. OCEAN AVENUE SOUTH Ocean Avenue South is an unparalleled mixed-use development located in the dynamic and captivating coastal Ocean Avenue South district of downtown Santa Monica. Ground floor tenants include: (NAP) (NAP) The property fronts Ocean Avenue, adjacent to the new $55 million Tongva Park, walking distance to the new Expo Line, Santa Monica Place, Third Street Promenade and Santa Monica Pier, creating a unique street/park front experience for restaurant and retail visitors alike. Designed by the world renowned architecture firm of Moore Ruble Yudell, the LEED silver development features unique urban spaces, terraces, public art, large landscaped private and public plazas, and 20,000 SF of ground floor retail & restaurant space with outdoor dining, below 158 luxury condominiums and 160 apartment units that collectively contribute to a dynamic outdoor urban experience on a 3 acre site. THE SEYCHELLE BELMAR APARTMENTS (NAP) (NAP) THE WAVERLY 4,664 SF TURN-KEY RESTAURANT SPACE AVAILABLE RESTAURANT CAN BE DEMISED FOR RESTAURANT & RETAIL USES PROPERTY HIGHLIGHTS • Restaurant & Retail Space available on the corner of Ocean Ave. & Olympic Blvd. • Anchored by Herringbone, Starbucks, Rakkan Ramen, Jimmy’s Famous American Tavern (NAP), and Bank of the West (NAP) • Remaining space available: 4,664 SF, with a 658 SF patio. Turn-Key 2nd Generation existing restaurant space can be demised for retail or smaller F&B operators. • Parking: The Waverly offers 35 on-site retail parking spaces and 45 shared guest parking spaces. The Seychelle offers 39 on-site retail parking spaces and 19 shared guest parking spaces. Valet Parking will be made available as well. • Santa Monica’s premier mixed-use development. 10 THE WAVERLY OlympicMain Dr St Ocean Ave BELMAR APARTMENTS THE SEYCHELLE Pico Blvd AN IDEAL LOCATION Located on Ocean Avenue at Olympic Boulevard, bordered by Viceroy Hotel, Ocean Avenue South in Santa Monica is a desti- nation of choice, located within one of the most desirable trade areas in Southern California. Santa Monica boasts an affluent local population and Ocean Avenue South has a noteworthy office and daytime population with boldface names such as WeWork, Uber, Twitter, Hulu, FOR LEASE Microsoft and Universal Music Group, TURN-KEY RESTAURANT & to name a few, all in close proximity RETAIL USE SPACE d while shopping, dining, entertainment lv and hotels, including Loews Beach Hotel, Shutters and Casa del Mar are all within walking distance. Photos from clockwise left: The Waverly looking South at Ocean In addition, the property benefits from Ave. & Olympic Dr.; Herringbone the adjacencies of Rand Corporation, restaurant space at The Seychelle; the Santa Monica Civic Auditorium, Starbucks Coffee at The Waverly the Santa Monica Downtown Civic on Olympic Dr. Core and Business District and the metro Expo Line, which runs from Downtown LA to Santa Monica in less than an hour! SHOP EAT PLAY An exceptional neighborhood is SURROUNDING RETAIL TENANTS driven by exceptional businesses. 7 For All Mankind Closet Trading H&M New Balance All Saints Spitalfields Company J. Crew Nike Downtown Santa Monica is home to numerous Barney’s Co-Op Converse Louis Vuitton Nordstrom Abercrombie & Fitch Co-Opportunity Michael Kors Patagonia innovative, industry-leading retailers and Adidas Design Within Kate Spade Pottery Barn restaurants, setting an impressive gold standard Anthropologie Reach Levi’s REI for Southern Calfornia. Be a part of this trend Apple Store Diesel Lucky Brand Restoration Hardware Banana Republic Forever 21 Lululemon Athletica Baby & Child setting shopping, dining, and travel destination Bike Attack Free People Madewell Ted Baker by the beach! Bloomingdales Gap Michael Kors Sur La Table Brat Guess Muji Tory Burch True Religion Photo: ©Marie Buck SURROUNDING RESTAURANT TENANTS NOTEWORTHY OFFICE TENANTS 800 Degrees Pizza M Street Kitchen Sugarfish by Sushi Nozawa Activision Blizzard Microsoft Starz Blue Plate Oysterette Manchego Sushi Roku Amazon National Acadedy of Twitter BOA Steakhouse Meat on Ocean Tar & Roses Arsenal Recording Artists Uber Capo Mercado Tender Greens Cassia Michael’s The Albright CBS Naughty Dog Universal Music Del Frisco’s Grille Milo and Olive The Brixton Cross Campus New Balance Group Esters Wine Shop & Bar Native The Independence HBO Red Bull WeWork FIG North Italia The Lobster Hulu Snapchat Ziprecruiter Hillstone’s R+D Kitchen The Misfit Restaurant + Bar Ivy at the Shore Red O True Food Kitchen Lions Gate Sony KazuNori Seasalt Fish Grill Water Grill Little Ruby Stella Barra Pizzeria THE EXPO LINE Exposition Transit Corridor Phase 2 DOWALL NTABOWOAN RD!SANTA THE MO NIEXPOCA LINE IS HERE! Santa Monica to Downtown LA in 46 minutes! NOW OPEN PACIFIC COAST HWY 6TH ST WASHINGTON AVE 9TH ST CALIFORNIA AVE 7TH ST 3RD ST 10TH ST THE HUNTLEY HOTEL COLORADO AVE WILSHIRE BLVD LINCOLN BLVD 5TH ST SANTA MONICA BLVD 4TH ST FAIRMONT MIRAMAR HOTEL THIRD STREETARIZONA PROMENADE AVE BROADWAY 4 SANTA MONICA 7 2ND ST HOTEL SHANGRI-LA INTERSTATE BROADWAY 10 EXPO TERMINUS MICHIGAN AVE MONICA 4-PLEX THE PROMENADE OCEAN AVE SANTA MONICA POLICE DEPT. SHORE HOTEL LIFORN CA IA COLORADO ESPLANADEMAIN ST SANTA MONICA PLACE 1 SANTA MONICA LINCOLN BLVD HIGH SCHOOL TONGVA PARK 4TH ST SANTA MONICA LE MERIDIEN DELFINA SITE CITY HALL SANTA MONICA LOWES HOTEL COURTHOUSE SANTA MONICA PIER PICO BLVD LE MERIGOT BAY ST SHUTTERS HOTEL VICEROY HOTEL NEILSON WAY CASA DEL MAR ee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct acareful, independent investigationof the property to determine to your satisfaction the suitabilityof the property for your needs. countries. All other marks displayed on this document are the propertyof their respective owners. All Rights Reserved. Sources: CBRE Mapping Services(877) 580-4674; Nielsen, StreetPro. MapFiles\Work2015\2ndQtr\Illustrator\313781.wor 6/5/2015 ALL ABOARD THE EXPO LINE! The recentlyTHE EXPO completed LINE Expo Line has transformed the standardsThe recently and completedexpectations Expo that Line Southern has transformed Californians the standards and expectations Southern have ofCalifornian’s public transportation. have of public transportation. The Line zips The between Line Santazips Monica between and Santa Downtown Monica and LA Downtownin less time LA than in it takes toless watch time than a TV it show takes to- and watch thats’s a TV duringshow—and rush hour. that’s during rush hour. OCEAN AVENUE SOUTH 6 DEMOGRAPHICS Santa Monica offers a blend of urban energy, beach town atmosphere, world-class shopping, award winning dining and entertainment, attracting all walks of life from around the globe. Be a part of Southern California’s unparalleled beach community. ESTIMATED DEMOGRAPHICS within 1, 2, and 3 mile radius 1 Mile 2 Mile 3Mile 2018 Average Household Income $118,324 $127,553 $131,178 2018 Population 26,005 91,081 163,092 Daytime Population (Total Employees) 38,253 88,535 131,412 TRAFFIC COUNTS Direction Cross Street Cars per Day Photo: Marie Buck Ocean Ave N/S Colorado Ave 19,557 California Incline E/W Ocean Ave 71,000 Ocean Ave N/S Pico Blvd 23,539 Pico Blvd E/W Ocean Ave 23,143 4th Street N/S 10 Fwy 39,663 10 Fwy E/W 4th Street 146,696 SANTA MONICA BY THE NUMBERS • Est. 95,000 residents in the City of Santa Monica • Santa Monica generates $1.63 billion dollars • Est. Household income of $124,421 in the City of a year from tourism. Santa Monica. • Hotels in Santa Monica, with a supply of over • Est. 90,343 employees in the City of Santa Monica 3,500 rooms, typically operate with occupancy rates in the 85% range on an annual basis. 70% • The City of Santa Monica employs over 2,177 of overnight visitors do not use a car once they employees working in approximately 600 job arrive in Santa Monica. A Santa Monica hotel classifications. Rand Corporation employs over visitor spends an average of $234 per day in 894 employees. Santa Monica. • Est. 7.3 million visitors come to Santa Monica each year. LEASE PLANS & 1705 OCEAN AVENUE | SANTA MONICA, CALIFORNIA 2’2’ - -4” 4” x x 3’ 3’ - -0” 0” 2-HR 2-HR RATED RATED RETAIL RETAIL SHAFT SHAFT WITH WITH 66 24”24” x x 26” 26” GREASE GREASE DUCT DUCT U UPP THROUGH THROUGH 55 2000BUILDING.2000BUILDING. GALLON GALLON 24” 24” GREASEx GREASEx 24” 24” ACCESS ACCESS INTERCEPTOR INTERCEPTOR PANELS PANELS PIPEDINCLUDEDPIPEDINCLUDED UNDER UNDER AT AT EACH RETAILEACH RETAIL LEVEL LEVEL SPACE SPACE FOR FOR CLEANOUT CLEANOUT THEOCEAN WAVERLY AVENUE SOUTH 66 2’PARKING2’PARKING - -4” 4” x x 3’ 3’ -DIRECTIONAL -DIRECTIONAL0” 0” 2-HR 2-HR RATED RATED SIGN SIGN RETAIL RETAIL AT AT STREET SHAFTSTREET SHAFT WITH WITH OCEAN AVENUE SOUTH RETAIL & LEASINGLEASINGRESTAURANT SITE LEASINGPLAN SITE PLAN 77 24” 24” - -xMONUMENT xMONUMENT 26” 26” GREASE GREASE DUCT DUCT UP UP THROUGH THROUGH BUILDING. 24” x 24” ACCESS PANELS PARKINGBUILDING.PARKING ENTRANCE ENTRANCE 24” x 24” ACCESS / /EXIT EXIT IDENTIFICATION IDENTIFICATION PANELS SIGN SIGN OCEANOCEAN AVENUEAVENUE SOUTHSOUTH || RETAILRETAIL SITESITE PLANPLAN INCLUDEDINCLUDED AT AT EACH EACH LEVEL LEVEL FOR FOR CLEANOUT CLEANOUT 88 - -WALL WALL MOUNTED MOUNTED PARKINGPARKING DIRECTIONAL DIRECTIONAL SIGN SIGN AT AT STREET STREET 77 - -MONUMENT MONUMENTLEASINGLEASING SITE SITE PLAN PLAN 2-1-19 2-1-19 MAINMAIN STREETSTREET PARKINGPARKING ENTRANCE ENTRANCE / /EXIT EXIT IDENTIFICATION