1415 Wilshire Boulevard
Owner-User Opportunity on Wilshire Boulevard in Santa Monica
Marketing description
WESTMAC Commercial Brokerage Company and Matthews Real Estate Investment Services are pleased to present the opportunity to acquire or lease 1415 Wilshire Boulevard in Santa Monica, California, retail property located along highly trafficked Wilshire Boulevard, just east of 14th Street. The Property is approximately one (1) mile from Downtown Santa Monica and twenty (20) minutes from Los Angeles International Airport.
Built in 1930, 1415 Wilshire Boulevard is approximately 4,878 square feet of building situated on approximately 5,000 square feet of land. The Property falls under Santa Monica’s MUB (Mixed Use Boulevard) zoning within the highly affluent and densely populated Wilshire- Montana neighborhood, where median household income is estimated at $113,000 within a one-mile radius, and average home valued over $1 million.
1415 Wilshire Boulevard is walking distance to an abundance of retailers, including Vons, Rite Aid, Bank of America, Santa Monica UCLA Hospital, and many more. It is a 14-minute walk (0.6 mi.) from the Metro E Line (Expo) at the 17th Street / SMC Station stop and features a Walk Score of 92 (Walker’s Paradise).
The property will be delivered vacant making it an excellent opportunity for an owner-user or operator looking to make their mark in Santa Monica.
Investment highlights
Excellent, Infill Santa Monica Location – Strategic retail location within the dense, residential community of Wilshire-Montana, comprised of high-income levels and strong purchasing power (the median household income is ± $113,000 within a 1-mile radius).
High Traffic Retail Corridor – Located in the heart of Santa Monica, this location benefits from tremendous vehicle traffic visibility along Wilshire Boulevard, just east of 14th Street (± 28,000 cars per day).
Excellent Westside Location with Silicon Beach Drivers – 1 mile from Downtown Santa Monica and the Third Street Promenade, Southern California’s premiere shopping/dining/entertainment complex; and 1.5 miles from Santa Monica’s Media District, where tech and media giants, including Amazon, Google, Lionsgate, Hulu, Bad Robot, Universal Music Group, and many others, have offices.
Ample Area Amenities – The property is walking distance to dozens of immediate retailers, including: Vons, Rite Aid, US Bank, UCLA Santa Monica Hospital, Dunkin’, Bank of America, Rustic Canyon, Ulta Beauty, Starbucks, La Monarca Bakery & Café, Santa Monica Pizza Kitchen, and many more. 92 (Walker’s Paradise).
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