1427 Third Street
Promenade
Santa Monica, CA
LOCATION
East block between Santa Monica Boulevard and Broadway
SPACE
Ground Floor2,250 SF
POSSESSION
Arranged
TERM
Through February 2022
NNN
$10.85/SF per annum
FRONTAGE
20 FT on Third Street Promenade
SITE STATUS
Currently IT’SUGAR
NEIGHBORS
AMC Theatres, Abercrombie & Fitch, Adidas, Alo Yoga, Apple, Athleta, H&M, Lucky Brand, MAC Cosmetics, Madewell, Muji, Nike, Nordstrom, Sephora, Urban Outfitters, Zara, lululemon athletica
COMMENTS
Situated two doors south of the recently renovated Apple flagship
Current tenant would consider an assignment or sublease
Lease includes three percent annual base rental increases
A longer-term lease may be possible
Within walking distance of several area attractions, including the Santa Monica Pier, Ocean Avenue and Santa Monica Place
Located within a five-minute walk from the Santa Monica Expo Line Station; the Expo Line currently sees ridership of nearly 62,000 per weekday and 35,000 per day on the weekend
Third Street Promenade attracts more than 11 million visitors annually, and together with Santa Monica Pier generates over $517 million in annual retail sales

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https://www.rkf.com/lease-property-detail/id/2006/1427_Third_Street_Promenade-Santa_Monica-CA

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