318 SANTA MONICA BOULEVARD, SANTA MONICA, CA 90401

  • PROPERTY BROCHURE Download
  • Price $7.95 per square foot per month, NNN (estimated to be $1.30 per square foot per month)
  • Square Feet Approximately 2,325 rentable square feet
  • Property type: For Lease Retail
  • Parking Santa Monica city public parking structures
  • Neighborhood Downtown Santa Monica

Property Description

BAR/RESTAURANT SPACE FOR LEASE PROXIMATE TO THIRD STREET PROMENADE

PLEASE DO NOT DISTURB EXISTING TENANT OR WALK PROPERTY. CALL BROKER TO SHOW.

SIZE: Approximately 1,476 rentable square feet ground floor and approximately 849 square feet, dining mezzanine for a total of 2,325 square feet

RATE: $7.95 per square foot per month, NNN (estimated to be $1.30 per square foot per month) plus percentage rent

TERM: 5 – 10 years

PARKING: Santa Monica city public parking structures with 90 minutes free parking

AVAILABLE: Immediately

HIGHLIGHTS:

  • First time this space is available in over 30 years
  • Occupancy: 49
  • Entertainment, Karaoke and live music
  • Currently operating as a restaurant and bar serving full liquor
  • Type 47 and 58 liquor licenses
  • Space has a patio in the front, a patio in the back and parklet dining as well
  • Space has above ground grease interceptor which gets picked up twice weekly
  • Fully equipped kitchen with walk-in fridge and hood that is approximately 11’6″ long
  • CUP: hours of operation 10am to 2am Monday to Sunday

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