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1026 & 1028 WILSHIRE BOULEVARD 1026-1032 Wilshire Blvd
1,358 - 6,832 SF of Retail Space Available in Santa Monica, CA 90401
Highlights
- Fully entitled with parking and equipment, 47 ABC License
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 1026 | 5,474 SF | Negotiable | £42.44 /SF/PA £3.54 /SF/MO £456.82 /m²/PA £38.07 /m²/MO £232,317 /PA £19,360 /MO | Triple Net | ||
| 1st Floor, Ste 1028 | 1,358 SF | 2-5 Years | £50.23 /SF/PA £4.19 /SF/MO £540.71 /m²/PA £45.06 /m²/MO £68,217 /PA £5,685 /MO | Triple Net |
1st Floor, Ste 1026
23 shared parking spaces | Negotiable direct lease | Call broker for key fee | Turn-key restaurant and bar with FF&E available | Type 47 full liquor license available | Approved foe 137 seats | Completely remodeled in 2013 | Approximately 48 feet of street fontage and excellent signage on Wilshire Boulevard
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Kitchen
1st Floor, Ste 1028
INCIDENTAL FOOD/RETAIL SPACE; Existing use is a vegan cafe
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 1026 & 1028 WILSHIRE BOULEVARD
- Tenant
- Description
- US Locations
- Reach
- Belcampo Meat Co
- Restaurant
- 1
- -
- Golden Mean
- Restaurant
- 1
- -
- Starbucks
- Coffee
- 20,987
- International
- Who's In Charge
- Retailer
- 1
- -
| Tenant | Description | US Locations | Reach |
| Belcampo Meat Co | Restaurant | 1 | - |
| Golden Mean | Restaurant | 1 | - |
| Starbucks | Coffee | 20,987 | International |
| Who's In Charge | Retailer | 1 | - |
PROPERTY FACTS FOR 1026-1032 Wilshire Blvd , Santa Monica, CA 90401
| Property Type | Retail | Year Built/Renovated | 1922/2013 |
| Property Subtype | Freestanding | Parking Ratio | 1.84/1,000 SF |
| Gross Internal Area | 17,399 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 17,399 SF |
| Year Built/Renovated | 1922/2013 |
| Parking Ratio | 1.84/1,000 SF |
About the Property
• Was a vegan cafe at 1028 Wilshire Blvd. For 1026 Wilshire, over 5000 square feet and turnkey. • High ceilings • 400+ square foot mezzanine • Great exposure with Wilshire Boulevard frontage • Densely populated, high income area with great demographics in Santa Monica • Close to Starbucks, Coffee Bean & Tea Leaf, Dunkin’ Donuts, Charles Schwab. • Located near downtown Santa Monica with many amenities including shopping, restaurants and movie theaters
- Signage
- Signalised Intersection
Nearby Major Retailers
Contacts
-
Arthur Peter -
Rafael Padilla
-
John Moudakis -
PAR Commercial Brokerage, Inc.
Presented by
1026 & 1028 WILSHIRE BOULEVARD | 1026-1032 Wilshire Blvd
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