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

Description

There are two units for lease. One is 1550 SF and the other is 1650 SF.

Market Context

This retail in Santa Monica, CA is listed for lease. 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

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

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