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V E N I C E , C A | 1
COSTCO-ADJACENT RESTAURANT & RETAIL SPACE
AVAILABLE IN AFFLUENT MARINA DEL REY, CA
4 0 2 0 L I N C O L N B LV D | V E N I C E , C A
™
WASHINGTON BLVD ±40,000 ADT
LINCOLN BLVD ±68,000 ADT
THE WESTERLYAT LINCOLN APARTMENTS
±466 Units
REGATTA SEASIDE RESIDENCE - ± 224 UnitsTHE COVE CONDOMINIUMS - ± 138 Units
AZZURRA - ± 450 Units
THE RITZ CARLTON ±304 Rooms
THE PROMENADE AT MARINA CITY CLUB
±101 Units
O N T H E C O R N E R O F L I N C O L N & WA S H I N G TO N
MIRABELLA ±188 Units
AMLI MARINA DEL REY±585 Units
WHY WOULDN’T YOU WANT YOUR STORE ADJACENT TO THE #1 HIGHEST GROSSING COSTCO IN THE U.S.?
ANNUAL SALES - $285 MILLIONTOTAL MEMBERSHIPS - 232,000DAILY TRANSACTIONS - 7,000
AVERAGE CUSTOMER BILL PER TRIP - $150
$128,685
2018 Average Household Income
$100,000+
Average Costco Member Household Income
504,286
2018 Populat ion
Site Plan
Suite Tenant Square Feet Rent
4040 Comerica Bank 3,683 SF
4025 - A AVAILABLE 2,223 SF $4.50 + NNN
4020 - D AVAILABLE 1,254 SF $4.50 + NNN
4020 - C Burgerim 1,482 SF
4020 - A Jersey Mike’s 1,258 SF
AVAILABLE
AVAILABLE
V E N I C E , C A | 3
*Not to Scale
Above Average CA Store Sales: $1M+ Annually – 7.5% Sales-to-Rent
Average Store Sales: $4.4M
1 2 3
4
5 6
1 FORTY55 LOFTSLocation: Marina Del Rey, CA
Completion Date: Completed
Project Type: Luxury Loft and
Townhome Apartments
Number Of Units: 140
2Location: Marina Del Rey, CA
Completion Date: Completed
Project Type: Luxury Loft and Townhome
Apartments / Creative Office / Retail
Number Of Units: 257 (49, 141, 67)
R1 & R2 LIVING & R3 LOFTS
3 X67 LOFTSLocation: Marina Del Rey, CA
Completion Date: Completed
Project Type: Luxury Loft
Condominiums
Number Of Units: 67
4 G8Location: Marina Del Rey, CA
Completion Date: 2019
Project Type: Luxury Apartments / Office
Number Of Units: 230
5 Location: Marina Del Rey, CA
Completion Date: Completed
Project Type: Luxury Apartments
Number Of Units: 77
Tribeca Urban 6 D1Location: Marina Del Rey, CA
Completion Date: 2018
Project Type: Luxury Loft Apartments /
Creative Office
Number Of Units: 68
V E N I C E , C A | 5
ELECTRONIC PYLON SIGNAGE ON LINCOLN BLVD WHICH SEES ±68,000 ADT
Within the highly walkable Marina Arts District
Enormous digital pylon signage available to tenants
Less than two miles from Venice Beach and walking distance to Marina Del Rey Harbor
Property HighlightsPhenomenal visibility on highly trafficked Lincoln Blvd adjacent to Costco
Dynamic trade area, including neighboring national tenants:
Ample on-site parking
Affluent infill market with excellent demographics
One of L.A.’s top ten busiest intersections - ±68,000 ADTLocation: Marina Del Rey, CA
Completion Date: 2018
Project Type: Luxury Loft Apartments /
Creative Office
Number Of Units: 68
Marina Del Rey, CAThe Shoppes at Del Rey, located on the border of Venice, within the Marina Arts District, is in
close proximity to not only Venice Beach and Abbott Kinney, with its trendy eateries, boutiques
and culture, but also Marina Del Rey’s high-end retail, contemporary housing, and prime
oceanfront location with bike paths and boating, while still having prime accessibility of Lincoln
Boulevard and Washington Boulevard, two major arterials that compose one of Los Angeles’
top ten busiest intersections.
DemographicsPOPULATION 1 Mile 3 Mile 5 Mile
2023 Projection 36,169 238,462 521,474
2018 Estimate 34,548 230,183 504,286
Growth 2018-2023 4.69% 3.60% 3.41%
HOUSEHOLDS 1 Mile 3 Mile 5 Mile
2023 Projection 17,677 111,710 247,474
2018 Estimate 16,888 107,553 239,040
Growth 2018-2023 4.67% 3.87% 3.53%
INCOME 1 Mile 3 Mile 5 Mile
2018 Est. Average Household Income
$142,073 $126,958 $128,685
V E N I C E , C A | 7
Once an industrial neighborhood, the Marina Arts District, generally bounded by Beach Avenue to the north, Maxella Avenue to the South, Del Rey Avenue to the west and Redwood Avenue to the east, has caught the eye of developers and is experiencing a huge influx of mutli-family and mixed-use projects, including creative office and luxury lofts, that has more than 1,200 units in the district and approximately 350 units under construction, with a focus of attracting young professionals, or what the L.A. Times calls “the creative class”.
Marina Arts District
8 | S H O P P E S AT D E L R E Y
™
EXCLUS IVE LEAS ING AGENTS
DONALD HUTCHINSON I I ILEASING ASSOCIATE
[email protected] (3 10) 919-5799MOB (916 ) 865-6533License No. 02065322 (CA)
MICHAEL PAKRAVANSVP & NATIONAL DIRECTOR
Michael [email protected] (3 10) 919-5737MOB (213 ) 219-31 1 1L icense No: 01706065 (CA)
OPEN YOUR STORE NEXT TO THE #1 COSTCO!
CALL US TODAY FOR A TOUR!