True
Space Available For Lease 1
Space Available |
• Approximately 40’ of frontage on 5th Street• Ideal for retail or non-vented food use• Walking distance from Santa Monica Library which has over 500 public parking spaces• High profile Santa Monica location, a short walk from Third Street Promenade, The Pier and Palisades Park• 23 residential units above the space• Santa Monica attracts over 24 million visitors each year• Walking distance to Santa Monica amenities & coastline• Close to 10 Freeway and Expo Line stop |
Contacts
Rafael Padilla
PAR Commercial Brokerage
Arthur Peter
PAR Commercial Brokerage
Property Details
- Property Type Retail
- Property Size 1,819 SF
- Additional Rent Contact for pricing
- Parking Spaces Avail. 2
- Parking Ratio 1.10 / 1,000 SF
- Date Updated Dec 11, 2023
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Attachments
Getting around
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92/100
Walk Score ®
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76/100
Transit Score ®
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89/100
Bike Score ®
Location
- City Santa Monica, CA
- Neighborhood Downtown Santa Monica
- Zip Code 90401
- Market Los Angeles
Points of Interest
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Upper Tram Station
4.26 miles
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Westwood/Rancho Park
4.28 miles
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Lower Tram Station
4.86 miles
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Palms
5.31 miles
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West CTA
7.27 miles
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Center CTA
7.39 miles
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Zone 23
7.45 miles
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Zone 22
7.46 miles
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Zone 21
7.46 miles
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Zone 5
7.49 miles
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Chevron
0.08 miles
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Mobil
0.25 miles
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Tesla Supercharger
0.34 miles
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eVgo
0.49 miles
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World Oil
0.77 miles
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Arco
0.86 miles
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Speedway Express
1.40 miles
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76
1.51 miles
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Tesla Destination Charger
1.59 miles
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FLO
2.86 miles
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Parking Structure 1
0.12 miles
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Parking Structure 4
0.25 miles
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Parking Structure 5
0.29 miles
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Parking Structure 6
0.33 miles
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Parking Structure 7
0.36 miles
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SMC Performing Arts Center Parking
0.42 miles
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Parking Structure 8
0.46 miles
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Civic Center Parking
0.65 miles
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Lot 1 South
0.65 miles
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Santa Monica Police Pier Office Parking Lot
0.67 miles
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Colapasta
0.02 miles
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Shake Shack
0.10 miles
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T's Thai Restaurant
0.10 miles
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Osteria del Fornaio
0.12 miles
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Lotus Dim Sum
0.13 miles
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Mendocino Farms
0.14 miles
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Sidecar Doughnuts & Coffee
0.15 miles
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Lemonade
0.15 miles
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Cassia
0.15 miles
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Kappo Miyabi
0.15 miles
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TJ Maxx
0.09 miles
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Target
0.32 miles
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Trader Joe's
0.35 miles
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Vons
0.37 miles
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Nordstrom
0.40 miles
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Santa Monica Place
0.41 miles
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Bloomingdale's
0.45 miles
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Pavilions
0.64 miles
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Tehran Market
0.71 miles
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Co-opportunity Market
0.84 miles
1235 5th Street Listing Brief
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A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.
1235 5th Street is located in Downtown Santa Monica, which is home to a total of 57 listing(s). Retail space at 1235 5th Street asks $4.75/SF/MO per square foot.
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The property includes 1,819 square feet of retail space for lease. Of this total, 1,819 square feet are Retail.
Lease agreement conditions for the availability at this property include NNN.
For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.
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You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.
For car-travelling customers, 1235 5th Street has a parking ratio of 1.10 / 1,000 SF, offering 2 parking spaces. The size of the space, the quality of the build, special attributes, as well as overall upkeep and property rating can also influence the going rate. For instance, properties that were renovated or rehabilitated more recently bring greater value to tenants.
Knowing your ideal customer is essential. For your consideration, the average age of residents in Downtown Santa Monica is 40. The average household income here is $89,892 per year.
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
