THIRD STREET PROMENADE OVERVIEW Santa Monica, CA JASON CHARMS Associate | Retail Brokerage License No. 01959447 +1424 901 8197 February 2016 [email protected] Prepared for: Trust our retailntelligence. Site Quick Links ›› Site 1 Site 2 Site 3 Site 4 Site 5 Site 6 Site 7 Site 8 Site 9 Site 10 Site 11 Site 12 Site 13 Navigation Links ›› CONTENTS OVERVIEW MAP STREET MAP MARKET AVAILABLE SITES FUTURE AVAILABLE JLL DIFFERENCE CONTENTS PAGE Overview Map 3 Street Map 4 Market Overview and Consumer Profile 5 JLL Difference 33 AVAILABLE SITES 1201 THIRD STREET PROMENADE SITE 1 6 Santa Monica, CA 90401 1228 THIRD STREET PROMENDADE SITE 2 10 Santa Monica, CA 90405 1231 THIRD STREET PROMENDADE SITE 3 13 Santa Monica, CA 90401 1315 THIRD STREET PROMENDADE SITE 4 16 Santa Monica, CA 90401 1322 THIRD STREET PROMENDADE SITE 5 17 Santa Monica, CA 90401 1422 THIRD STREET PROMENDADE SITE 6 19 SANTA MONICA, CA MONICA, SANTA Santa Monica, CA 90401 | 1437 THIRD STREET PROMENDADE SITE 7 22 Santa Monica, CA 90401 1444 THIRD STREET PROMENDADE SITE 8 23 Santa Monica, CA 90401 395 SANTA MONICA PLACE SITE 9 25 Santa Monica, CA 90401 FUTURE AVAILABLE 1325 THIRD STREET PROMENADE SITE 10 29 Santa Monica, CA 90401 1409 THIRD STREET PROMENADE SITE 11 30 Santa Monica, CA 90401 1416 THIRD STREET PROMENADE SITE 12 31 Santa Monica, CA 90401 THIRD STREET PROMENADE OVERVIEW THIRD STREET OVERVIEW PROMENADE 1429 THIRD STREET PROMENADE SITE 13 32 Santa Monica, CA 90401 2 Trust our retailntelligence. Site Quick Links ›› Site 1 Site 2 Site 3 Site 4 Site 5 Site 6 Site 7 Site 8 Site 9 Site 10 Site 11 Site 12 Site 13 Rivas Canyon Road Navigation LinksKagawa Street ›› CONTENTS OVERVIEW MAP STREET MAP MARKET AVAILABLE SITES FUTURE AVAILABLE JLL DIFFERENCE South Burlingame Avenue Sunset Boulevard 26th Street 23rd Street Brockton Avenue Ili Street Toulon Drive AVAILABLE SITES Carthage Street Ocampo Drive Ranch Lane 21st Place SITE 1 1201 THIRD STREET PROMENADE West de Pauw Street SITE 2 1228 THIRD STREET PROMENDADE 17th Street Texas Avenue CURRENT AVAILABLE Chelsea Avenue SITE 3 1231 THIRD STREET PROMENDADE San Vicente Boulevard Iowa Avenue Wilshire Boulevard SITE 4 1315 THIRD STREET PROMENDADE 11th Street Ohio Avenue FUTURE AVAILABLE Idaho Avenue SITE 5 1322 THIRD STREET PROMENDADE 14th Street 20th Street Chautauqua Boulevard Stanford Street Altata Dr 12th Street SITE 6 1422 THIRD STREET PROMENDADE COMP SITES Stewart Street Entrada Drive 26th Street SITE 7 1437 THIRD STREET PROMENDADE 7th Street 9th Street 14th Street South Centinela Avenue COMP & SITE 8 1444 THIRD STREET PROMENDADE AVAILABLE SITE 15th Street West Channel Road SantaSanta MonicaMonica Frank Street Delaware AvenueSITE 9 395 SANTA MONICA PLACE Ocean Avenue Lincoln Boulevard Broadway Street Georgina Avenue Colorado Avenue FUTURE AVAILABLE Pacic CoastAlta Avenue Highway Centinela Ave SITE 10 1325 THIRD STREET PROMENADE 3rd Street SITE 1 - 1201 THIRD STREET PROMENADE 29th Street 19th Street SITE 11 1409 THIRD STREET PROMENADE 4th Street SITE 2 - 1228 THIRD STREET PROMENADE SITELincoln 3 - Boulevard1231 THIRD STREET PROMENADE Village Parkway 21st Street Clovereld Boulevard25th Street SANTA MONICA, CA MONICA, SANTA SITE 12 1416 THIRD STREET PROMENADE | 5th Street Pacic Coast Highway SITE 4 - 1315 THIRD STREET PROMENADE COMP 1 - 1254 THIRD STREET PROMENADE 22nd Street SITE 13 1429 THIRD STREET PROMENADE 2nd Street 20th Street SITE 10 - 1325 THIRD11th STREET Street PROMENADE 17th Street COMP SITES SITE 5 - 1322 THIRD STREET PROMENADE Pico Boulevard Clover Street 16th Street 1254 THIRD STREET PROMENADE COMP 1 COMP 2 - 1402 THIRD STREET PROMENADE SITE 11 - 7th1409 Street THIRD STREET PROMENADE Nasty Gal | 6,500 SF | $185/PSF (2015) 23rd Street 1402 THIRD STREET PROMENADE COMP 3 - 1414 THIRD STREET PROMENADE 4th Street COMP 2 SITE 13 - 1429 THIRD STREETPearl Street PROMENADE Anthropologie | 6,750 SF | $240/PSF (2015) SITE 12 - 1416 THIRD STREET PROMENADE Pine Street 1414 THIRD STREET PROMENADE North Ocean Avenue Lincoln Boulevard COMP 3 SITE 7 - 1437 THIRD STREET PROMENADEMargaret Lane T-Mobile | 7,000 SF | $300/PSF (2015) SITE 6 & COMP 4 - 1422 THIRD STREET PROMENADE Beverly Avenue Glenavon Avenue 1422 THIRD STREET PROMENADE SITE 9 - 395 SANTA MONICAGlenn PLACE Avenue COMP 4 4th Street Quicksilver | 5,700 SF | $192/PSF (2013) COMP 5 - 1440 THIRD STREET PROMENADE Pacic Street COMP 6 - 1451B THIRD STREET PROMENADE 1440 THIRD STREET PROMENADE Rose AvenueCOMP 5 SITE 8 - 1444 THIRD STREET PROMENADE Urban Outfitters | 6,500 SF | $204/PSF (2013) Bernard Avenue 1451B THIRD STREET PROMENADE THIRD STREET PROMENADE OVERVIEW THIRD STREET OVERVIEW PROMENADE Dimmick Avenue ElkgroveCOMP Circle6 Hart BarnardAvenue Way MAC | 1,538 SF | $348/PSF (2016) 5th Avenue 3 Trust our retailntelligence. Site Quick Links ›› Site 1 Site 2 Site 3 Site 4 Site 5 Site 6 Site 7 Site 8 Site 9 Site 10 Site 11 Site 12 Site 13 Navigation Links ›› CONTENTS OVERVIEW MAP STREET MAP MARKET AVAILABLE SITES FUTURE AVAILABLE JLL DIFFERENCE Wilshire Boulevard Wilshire Boulevard Banana Republic (1202) Barns & Noble (1201) Global Cuisine (1212) SITE 1 (1201) | 43,617 SF (divisible) | $120.00/PSF Chipotle (1218) FUTURE AVAILABLE Restoration Baby & Child (1219) American Apparel (1220) Club Monaco (1225) J. Crew (1222) Tesla (1217) DB Shoes (1228) CURRENT AVAILABLE Adidas (1231) SITE 2 (1228) | 11,200 SF (divisible) | $186.00/$66.00/PSF SITE 3 (1231) | 9,730 SF | RENT VARIES BASED ON SF Old Navy (1232) L’Occitane (1239) Third Street Promenade COMP SITES Cabo Cantina (1240) Clarks (1242) Sephora (1244) Max Studio (1245) Champs (1248) Footaction (1247) COMP 1 (1254) | NASTY GAL | 6,500 SF | $185.00/PSF Loretia! Grill (1251) Locanda Del Lago (231 Arizona Ave) Footlocker (301 Arizona Ave) AMC (1310) Arizona Avenue Arizona Avenue Victoria’s Secret (1311) Coffee Bean (200 Santa Moncia Blvd.) Brookstone (1311) Athleta (1318) SITE 4 (1315) | 5,993 SF | RENT VARIES BASED ON SF Johnny Rockets (1322) Bravo Cucina (1319) Verizon (1322) George’s Bistro (1321) SITE 5 (1322) | 6,005 SF | $264.00/PSF Crocs (1323) Armani Exchange (1322) SITE 10 (1325) | MAC/ FUTURE AVAILABLE | 1,900 SF Sunglass Hut (1334) Six:02 (1329) Superdry Store (1334) Art One Gallery (1331) Zara (1338) Hummus Bar (1333) Volcom (1340) Shiva Imports (1335) (1340) Express (1337) Steve Madden (1344) Sketchers (1343) Fresh Food Market (1348) Abercrombie (1345) Oakley (1350) Madewell (1349) SANTA MONICA, CA MONICA, SANTA Starbucks (1356) Barneys Beanery (1353) | Lorin (1356) GAP (1355) Trastevere (1360) Santa Monica Boulevard Santa Monica Boulevard ShopHouse (1407) COMP 2 (1402) | ANTHROPOLOGIE | 6,750 SF | $240.00/PSF Sunsations Sunglasses & Optical (1407) Lush (1404) Wetzel Pretzel (1407) Vacant (1410) Forever Flawless (1407) COMP 3 (1414) | T-MOBILE | 7,000 SF | $300.00/PSF SITE 11 (1409) | LEVI’S/FUTURE AVAILABLE | 4,200 SF SITE 12 (1416) | FOSSIL/FUTURE AVAILABLE | 3,750 SF Puzzle Zoo (1411) Cotton On (1418) Lids (1413) SITE 6 & COMP 4 (1422) | QUICKSILVER | 5,700 SF | $192.00/PSF Brandy Melville (1413) SITE 8 (1444) | 3,450 SF | $311.00/PSF Apple (1415) Tilly’s (1426) Lucky Brand (1427) Guess (1432) It’sugar (1427) COMP 5 (1440) | URBAN OUTFITTERS | 6,500 SF | $204.00/PSF SITE 13 (1429) | FOR LOVE 21/FUTURE AVAILABLE | 3,750 SF Vacant (1442) Forever 21 (1431) Pacsun (1446) SITE 7 (1437) | CONVERSE | 5,700 SF | $324.00/PSF Aldo (1450) Broadway Theatres (1441) H&M (1452) Rip Curl (1451) Pinkberry (1456) COMP 6 (1451B) | MAC COSMETICS | 1,538 SF | $348.00/PSF Papyrus (1456) Vacant (1453) THIRD STREET PROMENADE OVERVIEW THIRD STREET OVERVIEW PROMENADE Cafe Crepe (1460) Steak & Shake (1455) lululemon (1457) Broadway Broadway SITE 9 (395 Santa Monica) Former Kitson | 6,500 SF | $345.00/PSF 4 Trust our retailntelligence. Site Quick Links ›› Site 1 Site 2 Site 3 Site 4 Site 5 Site 6 Site 7 Site 8 Site 9 Site 10 Site 11 Site 12 Site 13 Navigation Links ›› CONTENTS OVERVIEW MAP STREET MAP MARKET AVAILABLE SITES FUTURE AVAILABLE JLL DIFFERENCE Santa Monica Market Overview and Consumer Profile There isn’t a retail street in West LA that’s more congested with tourists than the 3rd Street Promenade. Prices have tended to reflect that foot traffic, as SANTA MONICA, CA MONICA, SANTA we’ve seen an uptick in recent years. The neighboring streets boast strong restaurant/retail co-tenancy and have really thrived making downtown Santa | Monica a must see. Many locals ride their bikes and the population lends itself to be a bit older and more mature. 2015 Demographics Santa Monica Total Population 92,353 Estimated Growth (2015-0000) 3,760 (.8%) Trade Area 8.3 sq mi Total Employees 92,141 $131,000,000 $111,892 Total Businesses 9,045 Total Consumer Consumption - Apparel Average Household Income Company Headquarter Businesses 110 Santa Monica Santa Monica Owner Occupied Median Home Value $618,924 THIRD STREET PROMENADE OVERVIEW THIRD STREET OVERVIEW PROMENADE 5 Trust our retailntelligence. Site Quick Links ›› Site 1 Site 2 Site 3 Site 4 Site 5 Site 6 Site 7 Site 8 Site 9 Site 10 Site 11 Site 12 Site 13 Navigation Links ›› CONTENTS OVERVIEW MAP STREET MAP MARKET AVAILABLE SITES FUTURE AVAILABLE JLL DIFFERENCE Site 1 Site Summary Location 1201 Third Street Promenade, Santa Monica, CA 90405 Size 43,617 SF Availability Immediately Price $120.00/PSF Signage Excellent visibility Parking Ample city parking Property • The hard corner of Wilshire and 3rd Street Promenade Description • An excellent space with great visibility and a tremendous amount of foot traffic • Currently occupied by Barnes & Noble • Available and on the market for years SANTA MONICA, CA MONICA, SANTA | THIRD STREET PROMENADE OVERVIEW THIRD STREET OVERVIEW PROMENADE 6 Trust our retailntelligence. Site Quick Links ›› Site 1 Site 2 Site 3 Site 4 Site 5 Site 6 Site 7 Site 8 Site 9 Site 10 Site 11 Site 12 Site 13 Navigation Links ›› CONTENTS OVERVIEW MAP STREET MAP MARKET AVAILABLE SITES FUTURE AVAILABLE JLL DIFFERENCE Site 1 Ground Floor 17,414 SF Second Floor 14,020 SF SANTA MONICA, CA MONICA, SANTA SANTA MONICA, CA MONICA, SANTA | | THIRD STREET PROMENADE OVERVIEW THIRD STREET OVERVIEW PROMENADE THIRD STREET PROMENADE OVERVIEW THIRD STREET OVERVIEW PROMENADE 7 Trust our retailntelligence.