RETAIL, FITNESS SPACE FOR LEASE · 2018-03-21 · 417 Colorado: ±2,643 SF - Retail or Fitnes $7.45 PSF/Month NNN (±1.00 PSF/Mo.) 505 Colorado: ±1,921 SF - Retail or Fitness $6.95

RETAIL, FITNESS SPACE FOR LEASE 417 & 505 Colorado Avenue, Santa Monica, 90401 Across from the Santa Monica Expo Line terminus

417 COLORADO AVE 2,643 SF


Lee ShapiroExecutive Vice President310-887-6226 | [email protected] #00961769

Christine DeschaineSenior Vice President310-887-6440 | [email protected] #00905121

Clare CollinsAssociate 310-887-3520 | [email protected] #02023110

IT’S A NEW STAY.®RETAIL / FITNESS 417 & 505 Colorado Ave. | Santa Monica, CA 90401GROUND FLOOR SPACE FOR LEASE

Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400 | www.kennedywilson.com/brokerageKennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00746768) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.

417 & 505 Colorado seen from Expo Line terminus



PROPERTY DESCRIPTION

417 Colorado: ±2,643 SF - Retail or Fitnes $7.45 PSF/Month NNN (±1.00 PSF/Mo.)

505 Colorado: ±1,921 SF - Retail or Fitness $6.95 PSF/Month NNN (±$1.00 PSF/Mo.)

Parking: Retail parking on-site / Valet available

HIGHLIGHTS

• Directly across from the Expo Line Santa Monica terminus (Expo Line 2016 ridership: 13,376,42 passengers)

• Just off the I-10 Freeway• Steps from the Pacific Ocean, Santa Monica Pier, Santa Monica Place and the Third

Street Promenade shopping center• Busy Pedestrian traffic and premier demographics • Est. 6.2 million SF of office space within 1-mile; total of 14,222,700 SF leased in Santa Monica

submarket Prospective tenants are hereby advised that all uses are subject to City approval.






Parking

±1,921 SF

Ground Floor Plan | 417 Colorado Ave.

Parking

COLORADO AVENUE

4TH

CO

URT

5TH

STR

EET

5TH

CO

URT

Ground Floor Plan | 505 Colorado Ave.

IT’S A NEW STAY.®

±2,643 SF






In Progress - Over 1,500 units in development

Existing - 50 units or greater

1. 1560 Lincoln Blvd

2. 1317 7th St

3. 702 Arizona Ave

4. 1543 7th St


6. 601 Colorado Ave

7. 1415 5th St

8. 1425 5th St

9. 500 Broadway

10. 401 Broadway

11. 101 Santa Monica Blvd

12. 1437 7th St

13. 1238 7th St

14. 1323 6th St

15. 1235 5th St

16. 1338-1342 5th St


18. 4th & Arizona

100

57

49

62

60

73

60

100

262

53

159

62

64

50

51

52

54

106

59

50

50

122

50

57

60

NA

56

46

81

NA

24

27

51

400-45

48

19. 1318-1320 2nd St

20. 1455 4th St

21. 1539 4th St

22. 1415 5th St

23. 1420 5th St

24. 1430 5th St

25. 1450 5th St

26. 1548 6th St

27. 1317 7th St

28. 1411 7th St

29. 1418 7th St

30. 1427 7th St

31. 525 Broadway

32. 606 Broadway

33. 609 S Broadway


35. 420 Santa Monica Blvd

SITE

Santa Monica BlvdSanta Monica Blvd

Arizona Ave

Colorado AveColorado Ave

Oce

an A

ve

2nd

St2n

d St

4th

St4t

h St

5th

St5t

h St

6th

St6t

h St

7th

St7t

h St

Oce

an A

ve

Linc

oln

Blvd

Linc

oln

Blvd

Wilshire BlvdWilshire Blvd

AREA MULTIFAMILY DEVELOPMENTS WITHIN 3 BLOCKS

1

17

19

22

21

20232425

26

27

282930

31

32

33

34

35

23

4

5

6

78

9

10

11

12

13

14

15

16

18






PROJECT OVERVIEW

Courtyard by Marriott and the Hampton Inn & Suites are located in the heart of downtown Santa Monica at the corner of 5th Street and Colorado Avenue.

Developed by award-winning developer and operator OTO Development, the two hotels offer a unique opportunity for retailers to take advantage of a one of a kind location boasting busy pedestrian traffic and immediate proximity to retail and public attractions.

Just off of the I-10 Freeway and steps from the Pacific Ocean, the hotels are within convenient walking distance to the finest shopping, dining, hotels, entertainment, outdoor recreation, and attractions that Santa Monica and Southern California have to offer. Within less than several blocks are: Santa Monica State Beach, the world famous Santa Monica Pier and Pacific Park, Third Street Promenade (with over 500 shops and restaurants), and the newly renovated Santa Monica Place (±447,788 SF of retail/restaurant space; anchored by Nordstrom and Bloomingdale’s).The project is directly across from the new Santa Monica Expo Line and

is located just steps from Santa Monica’s Pier and Third Street Promenade shopping center.






Santa Monica Visitor / Tourist Facts

• Est. 89,000 residents (Santa Monica)• Over 1,000 residential units to be built within 4 blocks• Santa Monica generates $1.2 billion dollars a year from tourism• With a supply of over 3,500 rooms hotels operate with occupancy rates in the 80%

range annually; 70% of overnight visitors do not use a car once in Santa Monica• Santa Monica hotel visitors spends an average of $234 per day in Santa Monica• Traffic counts: Colorado Ave./Ocean Ave./Lincoln Blvd. EB/WB = ±16,371 cars/day

1. Santa Monica Pier 2. Third Street Promenade 3. Santa Monica Place

THRIVING SANTA MONICA

23

1POPULATION2017 ESTIMATED TOTAL

35,052181,176427,297

1 Mile2 Miles3 Miles

INCOMEHOUSEHOLD AVERAGE

$ 88,819$ 119,725$ 117,590

1 Mile2 Miles3 Miles

EMPLOYEES2017 ESTIMATED TOTAL

42,493135,741347,529

1 Mile2 Miles3 MilesDEMOGRAPHIC

SNAPSHOT






7 For All MankindAll Saints SpitalfieldsBarney’s Co-OpAbercrombie & FitchAdidasAmerican ApparelAnthropologieApple StoreBanana RepublicBarnes & NobleBurberryConverseDieselForever 21

Free PeopleGapGuessH&MJ. CrewLouis VuittonMichael KorsKate SpadeLevi’sLucky BrandLululemonMadewellNikeNordstrom

PatagoniaPottery BarnREITed BakerSur La TableTiffany & Co.Tory BurchTrue ReligionUrban OutfittersVictoria’s SecretWhole FoodsZara

SURROUNDING RETAIL TENANTS

AT THE EPICENTER OF SUBMARKET RETAIL

Documents

RETAIL, FITNESS SPACE FOR LEASE · 2018-03-21 · 417 Colorado: ±2,643 SF - Retail or Fitnes $7.45 PSF/Month NNN (±1.00 PSF/Mo.) 505 Colorado: ±1,921 SF - Retail or Fitness $6.95