Retail Business for Lease in Santa Monica, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Santa Monica, CA 90401
  • Size: 7,469 SF

Description

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Market Context

This retail in Santa Monica, CA is listed for lease across 7,469 SF. It has been on the market for 6 days. Compare it against other retail listings for lease in Santa Monica, CA — <a href="/search/lease/retail/california/santa-monica">view the full market</a>.

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: Consensus Q3 2023 market report.

Retail market FAQ

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

Unified Estimate

Medium Confidence

$1.63/SF/mo – $2.21/SF/mo

Mid: $1.92/SF/mo

Total estimate for 7,469 SF: $14,340

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

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