Retail

1755 Ocean Ave

1755 ocean ave, santa monica, CA 90401

Price

Price on request

Price/Sq Ft

$6.00

Description

Marquee Restaurant & Bar For Lease | Ocean Ave., Santa Monica Turn key restaurant and bar across from the beach. Located in world renowned Downtown Santa Monica, the site offers amenities and lifestyles tourists and residents search for. The space features a large and open 7.4K SF restaurant with full kitchen, patio, full bar, and raw bar. The site sits near Santa Monica’s most acclaimed luxury hotels and is across from the beach on Ocean Avenue.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

1755 ocean ave, santa monica, CA 90401

Leaflet © OpenStreetMap contributors

Financial Details

Lease TypeTriple Net (NNN)

Market Context

As of Q3 2023, the Greater Los Angeles retail market showed rents up 0.5% year over year, and cap rates around 5.0%. Source: multiple brokerages Q3 2023 market report.

Projected current pricing

low confidence

Projected asking rent

$36.43–$36.60/SF/yr

Estimated sale value

$310–$392/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q4 2025 www matthews com data (cap rate 7.2%, asking rent trend-adjusted to today).

View the full Greater Los Angeles Retail market report →

Compare it against other retail listings for lease in Santa Monica, CA to benchmark pricing and space — view the full market.

Retail market FAQ

What is the typical cap rate for retail in Greater Los Angeles?: About 5.0% as of Q3 2023, per multiple brokerages.

Unified Estimate

Medium Confidence

$1.63/SF/mo-$2.21/SF/mo

Mid: $1.92/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Lease Rate & Market Trend

2000 – 2025 · county sold comps + market trendsFIPS 06037

High Confidence

Median $/SF (sold)

Median sale price / SFP25–P75 IQR band

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.