RETAIL, FITNESS OR RESTAURANT SPACE FOR LEASE
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1 RETAIL, FITNESS OR RESTAURANT SPACE FOR LEASE 417 & 5 Colorado Avenue, Santa Monica, Across from the Santa Monica Expo Line terminus 417 COLORADO AVE 2,643 SF 5 COLORADO AVE 1,921 SF
2 417 COLORADO AVE 2,643 SF 5 COLORADO AVE 1,921 SF PROPERTY DESCRIPTION 417 Colorado: ±2,643 SF - Retail, Fitness or Restaurant $7.45 PSF/Month NNN (±1.00 PSF/Mo.) 5 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 417 & 5 Colorado seen from Expo Line terminus Prospective tenants are hereby advised that all uses are subject to City approval.
3 Monica, CA Ground Floor Plan 417 Colorado Ave. Ground Floor Plan 5 Colorado Ave. Parking Parking 4TH COURT 5TH STREET 5TH COURT ±2,643 SF ±1,921 SF COLORADO AVENUE
4 Monica, CA AREA MULTIFAMILY DEVELOPMENTS WITHIN 3 BLOCKS In Progress - Over 1,0 units in development Lincoln Blvd Broadway 56 Wilshire Blvd Wilshire Blvd th St Santa Monica Blvd Arizona Ave th St Lincoln Blvd Colorado Ave th St th St Broadway 262 Existing - units or greater nd St th St th St th St th St th St th St th St th St th St th St th St th St th St Lincoln Blvd 18. 4th & Arizona th St th St th St Broadway Broadway S Broadway Lincoln Blvd Santa Monica Blvd 81 NA NA Ocean Ave Ocean Ave nd St 2nd St Arizona Ave Santa Monica Blvd Colorado Ave 4th St 4th St th St 5th St SITE th St 6th St 7th St 7th St Santa Monica Blvd Colorado Ave 1 Lincoln Blvd Lincoln Blvd 34 17
5 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. 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. 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 0 shops and restaurants), and the newly renovated Santa Monica Place (±447,788 SF of retail/restaurant space; anchored by Nordstrom and Bloomingdale s).
6 THRIVING SANTA MONICA 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 3,0 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 DEMOGRAPHIC SNAPSHOT 3M 2M ile 1M 427, ,176 35, , ,741 42,493 POPULATION 2017 EMPLOYEES 2017 ESTIMATED TOTAL ESTIMATED TOTAL 1. Santa Monica Pier 3M 2M ile 1M 2 3 $ 117,590 3M $ 119,725 2M ile $ 88,819 1M 1 INCOME HOUSEHOLD AVERAGE 3. Santa Monica Place 2. Third Street Promenade
7 AT THE EPICENTER OF SUBMARKET RETAIL SURROUNDING RETAIL TENANTS 7 For All Mankind All Saints Spitalfields Barney s Co-Op Abercrombie & Fitch Adidas American Apparel Anthropologie Apple Store Banana Republic Barnes & Noble Burberry Converse Diesel Forever 21 Free People Gap Guess H&M J. Crew Louis Vuitton Michael Kors Kate Spade Levi s Lucky Brand Lululemon Madewell Nike Nordstrom Patagonia Pottery Barn REI Ted Baker Sur La Table Tiffany & Co. Tory Burch True Religion Urban Outfitters Victoria s Secret Whole Foods Zara
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