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Available for Lease Santa Monica Boulevard OFFERING MEMORANDUM AVAILABLE FOR LEASE SANTA MONICA BOULEVARD LOS ANGELES, CALIFORNIA OPPORTUNITY OVERVIEW » Rare single tenant trophy asset for lease on Santa Monica Blvd » Subject property surrounded by strong demographics and located in a very affluent West Los Angeles market » Dense daytime and residential population » Close proximity to Westwood Village and Westfield Century City Mall » Very high traffic counts and great visibility » Ground floor surface parking available » Easy access to 405 freeway PROPERTY INFORMATION NNNS SIZE 15,295 SF $0.40 PSF RENT POPULATION $5.25 PSF 1-Mile — 45,063 People STAIRS ELEVATOR 2 3 | RESTROOMS SANTA MONICA BLVD 62,000 VPD STAIRS ELEVATOR STAPLES | LOS ANGELES SECOND FLOOR STORE G L E N D O N A V E SANTA MONICA BLVD 62,000 VPD 44 SURFACE PARKING SPACES STAPLES | LOS ANGELES FIRST FLOOR PARKING LOT G L E N D O N A V E SURROUNDING RETAIL/MEDICAL TENANTS VA GREATER LA HEALTHCARE CENTER AVAILABLE Westwood Blvd ±35,000 ADT Santa Monica Blvd ±62,000 ADT | 4 4 | SURROUNDING RETAIL/MEDICAL TENANTS WESTSIDE CENTURY WESTSIDE LOS ANGELES CITY CENTER PAVILLION CALIFORNIA TEMPLE +$2B IN ANNUAL RETAIL SALES RECENTLY LEASED BY GOOGLE DOWNTOWN LOS ANGELES AVAILABLE Santa Monica Blvd ±62,000 ADT | 5 SURROUNDING CITIES BEVERLY HILLS Population - 34,627 WESTWOOD BRENTWOOD Population - Population - 21,567 56,923 CULVER CITY Population - 39,395 | 6 WESTWOOD BLVD SANTA MONICA BLVD ±35,000 ADT ±62,000 ADT AVAILABLE AVAILABLE WESTWOOD VILLAGE AVAILABLE 7 | WESTFIELD CENTRUY CITY MALL +$2B IN ANNUAL SALES 1 MILE AWAY AVAILABLE WESTFIELD CENTURY CITY MALL ±200 The $1 billion modernization and beautification of Westfield Century City created an open-air Southern California escape like no other. Created in 2017, this more than 1.3 million sf destination RESTAUANTS encompassing over 200 shops and restaurants, including a new three-level Nordstrom featuring its latest design concepts, completely remodeled three-level Bloomingdale’s, modern new two-level & SHOPS Macy’s, luxurious Equinox fitness club and spa, as well as the West Coast’s first Eataly. | 8 WESTWOOD, CA Located on the Westside of Los Angeles, Westwood is a commercial and residential neighborhood that’s bordered by Beverly Hills to the east and Century City on the southeast. Westwood was initially developed in 1919 by Arthur Letts, the founder of the Broadway and Bullock’s department stores. Developed in 1929 by Janss Investment Company, Westwood Village is a shopping and commercial district in the heart of Westwood, home to cultural attractions like the Hammer Museum and Geffen Playhouse. The campus of the University of California, Los Angeles (UCLA) is just north of Westwood Village. Read on for a walking tour of some of the can’t-miss spots in Westwood. The Westwood Village is a neighborhood that welcomes everyone, right in the middle of everything. Westwood Village is a vibrant, unique community centrally located in Los Angeles & serving neighborhoods of Holmby Hills, Wilshire Corridor, Bel Air, Brentwood, Beverly Hills, West Hollywood, & Santa Monica. Westwood Village is easily accessible & provides a retreat for Angelenos from their busy, big-city lives. The architecture represents the historical relevance of this community & allows for a charming environment for visitors, residents, UCLA students, & people who work in the area. DEMOGRAPHICS WESTSIDE PAVILION POPULATION 1-MILE 3-MILE 5-MILE The Westside Pavilion shopping mall will soon be home to nearly 600,000 square feet of Google 2010 Census 42,621 275,088 623,947 offices, mall owners announced today. Google has signed a 14-year lease for the entirety of the office 2019 Estimate 45,063 284,287 648,620 space, which will be known as One Westside when it is complete in 2022. Plans have been made to 2024 Projection 46,743 291,744 666,765 start converting the mall into creative offices later this year. It will be the first conversion of its kind. Google will be a great demonstration of how a variety of companies can operate in this kind of space. POPULATION GROWTH 1-MILE 3-MILE 5-MILE 2010 to 2019 3.73 % 2.62 % 2.80 % HOUSEHOULDS 1-MILE 3-MILE 5-MILE 2010 Census 21,186 123,871 289,326 2019 Estimate 22,272 127,905 300,961 2024 Projection 23,067 131,420 309,696 INCOME 1-MILE 3-MILE 5-MILE 2019 Avg. $147,714 $138,803 $137,854 Household Income | 9 This Leasing Package contains select information pertaining to the business and affairs of the property located at 10830 Santa Monica Blvd, Los Angeles, CA (“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. JOSH CORDRAY MICHAEL PAKRAVAN LEASING ASSOCIATE SVP & NATIONAL DIRECTOR DIRECT (310) 919-5839 DIRECT (310) 919-5737 MOBILE (818) 489-3212 MOBILE (213) 219-3111 [email protected] [email protected] LIC # 02039302 LIC # 01706065 (CA).
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