3116 2ND STREET SANTA MONICA, CA
Santa Monica, CA 1 Turn Key Restaurant Space Available - 1,700 SF PROPERTY HIGHLIGHTS
• Ocean Park fully built out 2nd generation restaurant • Wine Cellar in Mezzanine opportunity • Fully equipped, open kitchen • Full liquor service allowed • High ceilings with mosaic murals painted on the • Two bars with seating walls
• Restaurant is fully fixturized and equipped • Secluded VIP entrance
• Patio features and automated retractable roof for indoor/ • Valet service entryway & on-site parking outdoor capacity
$13,000 (GROSS)/MONTH ASKING RENT
1,700 SF INCLUDES INDOOR/ RENTABLE AREA OUTDOOR PATIO
2 4635 W Rosecrans Hawthorne, CA BLOCKS AWAY FROM SANTA MONICA BEACH
2ND GENERATION RESTAURANT WITH FULLY EQUIPPED KITCHEN
MODERN PATIO WITH INDOOR/OUTDOOR CAPABILITIES
Santa Monica, CA 3 NW
REST DISH KITCHEN RM OUTDOOR PATIO AREA ENTRY DINING AREA
REST HAMPTON DR BAR RM
NAP 4 3116 2nd Street Hawthorne, CA 4 Santa Monica, CA 5 JOIN THESE LOCAL TENANTS
6 3116 2nd Street Santa Monica, CA 7 SANTA MONICA Santa Monica is a beachside city of 8.3 square miles on the westside of Los Angeles County. Offering an environment of unparalleled natural beauty, the city is home to a mix of residential communities, commercial districts, and recreational venues. Recently named by National Geographic as one of the Top DEMOGRAPHICS “10 Beach Cities in the World” and by TIME as one of the “Best Places to Live”, Santa Monica features three miles of Pacific beaches and the Santa Monica Pier. Santa Monica’s residential population is POPULATION 1-MILE 3-MILE 5-MILE approximately 93,000, increasing to an estimated 250,000 during the day with tourists, shoppers, and 2025 Projection 31,347 186,343 448,826 employees. Tourism attracts over 8 million visitors annually. 2020 Estimate 30,827 181,835 438,251 On an economic standpoint, Santa Monica is home to a few notable businesses including Hulu, Universal 2010 Census 30,368 173,998 417,748 Music Group, Illumincation Entertainment, Saban Capital Group, Miramax, Lionsgate Films, the RAND Growth: 2020-2025 1.69% 2.48% 2.41% Corporation, Fatburger and TOMS Shoes. Recently, Santa Monica has emerged as the center of the Los Growth: 2010-2020 1.51% 4.50% 4.91% Angeles region called Silicon Beach, and serves as the home of hundreds of venture-capital funded HOUSEHOLDS 1-MILE 3-MILE 5-MILE startup companies. 2025 Projection 17,189 95,996 215,355 2020 Estimate 16,869 93,558 210,142 OCEAN PARK 2010 Census 16,548 89,371 200,121 Growth: 2020-2025 1.90% 2.61% 2.48% In many ways, Ocean Park is the soul of Santa Monica. The neighborhood is a little less ostentatious Growth: 2010-2020 1.94% 4.68% 5.01% than some of the pricier areas of the city and certainly less touristy than nearby Downtown SaMo; it has INCOME 1-MILE 3-MILE 5-MILE a laid-back vibe more fitting of a beach community. Main Street runs north/south through the heart of the neighborhood. High-end boutiques, casual bars, patio cafes, and international restaurants line the busy Average HH Income $138,110 $145,975 $144,816 shopping district. Ocean Park is known for being very pedestrian and bike-friendly. In fact, the weekly farmers market has a bike valet to keep track of all the of beach cruisers that descend on Ocean Park, storing them in an orderly manner.
8 MILLION VISITORS ANNUALLY
1.8 MILES 10 BEACH CITIES IN THE WORLD -2019 NATIONAL GEOGRAPHIC SP BEST PLACES TO LIVE -2019 TIME
8 3116 2nd Street LIVING IN SANTA MONICA Santa Monica’s quality of life ranks high, making it one of Southern California’s most coveted places to live. People move to Santa Monica to be close to the 4 WEEKLY FARMERS MARKETS beach, to enjoy a more relaxed lifestyle, and to take advantage of all its first- rate amenities. VOTED AS ONE OF THE TEN MOST SUSTAINABLE CITIES IN THE COUNTRY, City buses run on natural gas, government vehicles run on alternative fuels, and all buildings must comply with green building codes. Bike paths are plentiful and they crisscross every part of the city. 3.5 MILES OF BEACH Santa Monica, nearby Venice, and Alsace have collectively earned the nickname “Silicon Beach.” In recent years, MANY TECH FIRMS MOVED TO SANTA MONICA - from startups to large internet companies - all looking to locate their regional offices here. The increased demand for workers has been a driver of housing growth in recent years both in terms of the pace of TOP TIER SHOPPING CENTERS construction and the increase in home prices.
TOP LOCAL EMPLOYERS
Santa Monica, CA 9 8 MILLION $1.87 BILLION 5.5 MILLION
Visitors Per Year in Santa Monica Annual Visitor Spending Santa Monica Pier Annual Foot Traffic
DOWNTOWN SANTA MONICA Downtown Santa Monica is a busy place with lots of people and cars. The Third Street Promenade, a pedestrian-only outdoor mall, and nearby Ocean Avenue get packed with foot traffic from locals and tourists alike. Attractions like the Santa Monica Pier and Santa Monica State Beach bring a heavy flow of people to the downtown commercial core, especially on weekends. Downtown Santa Monica that offers most urban, or compact, lifestyle. Residents get convenient access to public transportation that will take them in any direction. Entertainment venues, movie theaters, cafes, restaurants, and bars are just steps away. SANTA MONICA PIER The Santa Monica Pier (1909) is a huge tourist attraction but also a favorite venue for locals, especially for its wildly popular summertime Twilight Concert Series.The pier also hosts open-air movie screenings, drawing the whole Westside community to the downtown area. The Pier houses Pacific Park, a colorfully-lit, solar-powered Ferris wheel that juts high into the air. It is the most visible part of the pier and can be seen from many miles away at night. An early pier attraction, the Santa Monica Looff Hippodrome (carousel), is a National Historic Landmark. 10 3116 2nd Street CONFIDENTIALITY AGREEMENT & DISCLAIMER This Leasing Package contains select information pertaining to the business and affairs of 3116 2nd Street, Santa Monica, CA 90405 (“Property”). It has been prepared by Matthews Real Estate Investment Services. This Leasing Package may not be all-inclusive or contain all of the information a prospective lessee may desire. The information contained in this Leasing Package is confidential and furnished solely for the purpose of a review by a prospective lessee of the Property. The material is based in part upon information supplied by the Owner. Owner, nor their officers, employees, or agents makes any representation or warranty, express or implied, as to the accuracy or completeness of this Leasing Package or any of its contents and no legal liability is assumed or shall be implied with respect thereto. Prospective lessees should make their own projections and form their own conclusions without reliance upon the material contained herein and conduct their own due diligence. Owner and Matthews Real Estate Investment Services expressly reserve the right, at their sole discretion, to reject any and all expressions of interest or offers to lease the Property and to terminate discussions with any person or entity reviewing this Leasing Package or making an offer to lease the Property unless and until a lease has been fully executed and delivered. In no event shall a prospective lessee have any other claims against Owner or Matthews Real Estate Investment Services or any of their affiliates or any of their respective officers, Directors, shareholders, owners, employees, or agents for any damages, liability, or causes of action relating to this solicitation process or the marketing of the Property. This Leasing Package shall not be deemed to represent the state of affairs of the Property or constitute an indication that there has been no change in the state of affairs of the Property since the date this Leasing Package.
Santa Monica, CA 11 Turn Key Restaurant Space Available - 1,700 SF
3116 2ND STREET SANTA MONICA, CA
EXCLUSIVE LEASING AGENTS
NICK DAY MICHAEL PAKRAVAN Associate SVP & National Director
direct (310) 919-5783 direct (310) 919-5737 [email protected] [email protected] LIC #02045449 (CA) LIC #01706065 (CA)
12 4635 W Rosecrans