Santa Monica

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New Listing For Sale – Owner User or Investor Opportunity – Retail Strip Center in Santa Monica, CA


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WESTMAC Commercial Brokerage Company is pleased to present the sale of 701-715 Pico Boulevard, a +/- 3,804 square foot retail strip located on +/- 5,110 square feet of land at the signalized NEC of 7th Street and Pico Boulevard in Santa Monica, California.

The property is currently occupied by three (3) tenants. All leases are month to month. This is an excellent opportunity for an owner-user or investor looking to purchase commercial property in highly-desirable Santa Monica.

The first class location is 0.5 miles from the Downtown Santa Monica Metro Expo Station at 4th and Colorado and easily accessible from all parts of Los Angeles via Pacific Coast Highway and the I-10 Freeway.

Click Here to Download Property Brochure

Commercial Real Estate, T.C. Macker PR releases

WESTMAC COMMERCIAL BROKERAGE COMPANY ARRANGES $12.5 MILLION SALE OF RETAIL STRIP CENTER IN SANTA MONICA, CA


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WESTMAC Commercial Brokerage Company has arranged the sale of 700 Santa Monica Boulevard in Santa Monica, CA for $12,500,000.

700 Santa Monica Boulevard, also known as 1407 7th Street, is a double parcel of land on the southeast corner of Santa Monica Boulevard and 7th Street. The sale was comprised of a 10,500 square foot retail strip center situated on approximately 15,000 square feet of land. The site is part of Santa Monica’s Downtown Community Plan and zoned Neighborhood Village, which can allow for mixed-use (retail and apartments), office, medical, restaurant, and other potential uses.

“Double lots like this are extremely rare in this location,” said Christian C. Holland.

The first-class location is in Downtown Santa Monica, blocks from world class shopping, dining, and entertainment including Third Street Promenade, Santa Monica Place, Palisades Park, and the Santa Monica Pier.

The property was sold off market to a developer and closed on February 3, 2022.

Christian C. Holland and T.C. Macker, CCIM of WESTMAC Commercial Brokerage Company were the transaction brokers on this sale.

700 Santa Monica Blvd.
T.C. Macker PR releases

WESTMAC COMMERCIAL BROKERAGE COMPANY ARRANGES $6.1 MILLION SALE OF FAST FOOD RESTAURANT PROPERTY IN SANTA MONICA, CA


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Closed: December 09, 2021

Santa Monica – WESTMAC Commercial Brokerage Company has arranged the sale of 2425 Wilshire Boulevard in Santa Monica, California for $6,100,000.

An investor has purchased the 3,260 square foot single story restaurant building. The property is occupied by Del Taco who are on a long term NNN ground lease and features a rare drive through for Santa Monica. Cap rate was 3.48%.

“This was a generational purchase opportunity to acquire a trophy single tenant absolute NNN corporate guaranteed ground leased asset located in a premiere part of Santa Monica,” said T.C. Macker, CCIM. “It was ideal for our buyer who was in a 1031-exchange.”

2425 Wilshire Boulevard is located near several popular shopping destinations within the city of Santa Monica.

T.C. Macker, CCIM, Christian C. Holland, Woody Cook, and Jennifer Moscoso of WESTMAC Commercial Brokerage Company represented the Buyer. Brandon Michaels and Steven Schecter of Marcus & Millichap represented the Seller.

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New Listing For Sale – Redevelopment Opportunity in Santa Monica, CA


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WESTMAC Commercial Brokerage Company is pleased to present the opportunity to acquire, 1718 20th Street, a 14,480 square foot site featuring a two-story commercial building totaling approximately 7,762 square feet (per tax record) in Santa Monica, CA. The site gives way to a prime redevelopment opportunity with unmatched visibility and excellent access to transit, including the Metro Expo Line, Pacific Coast Highway and the 10 Freeway, in one of the most dynamic office and retail markets in the world. The property currently houses an auto body shop on the first level, four (4) office tenants occupying five (5) suites on the second level and plenty of parking for approximately twenty (20) vehicles.

There is tremendous flexibility for owner-users or savvy investors seeking to redevelop the site. The property falls under Santa Monica’s Industrial Conservation (IC) zoning and can accommodate a variety of uses ranging from creative office, media production and car dealerships to R&D, self-storage and 100% affordable housing. 1718 20th Street is a rare opportunity for buyers looking to position themselves in one of Southern California most iconic and prosperous locales for technology, entertainment, and media.

Asking Price: $14,000,000

Listed by Tobin McAndrews, T.C. Macker, CCIM and Jennifer Moscoso of WESTMAC Commercial Brokerage Company, |1515 S. Sepulveda Boulevard, Los Angeles, CA 90025 | Company DRE# 01096973 | http://www.westmac.com

T.C. Macker PR releases

WESTMAC COMMERCIAL BROKERAGE COMPANY ARRANGES SALE OF TRIPLE NET LEASED RESTAURANT IN SANTA MONICA, CA


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PROPERTY CLOSED ON AUGUST 20, 2021

WESTMAC Commercial Brokerage Company has arranged the sale of 3221 Pico Boulevard in Santa Monica, California for $1,679,888.

An investor has purchased the 2,250 square foot single story restaurant building from a private Trust. The property is leased to a Vietnamese noodle bar, Viet Noodle. Cap rate was 5.6%.

“Once the mask mandate was lifted for indoor dining, the activity spiked and we garnered multiple offers shortly thereafter; and ultimately, selling to a 1031 exchange buyer,” said T.C. Macker, CCIM.

3221 Pico Boulevard is in an excellent Santa Monica location bordering West Los Angeles with easy access to the 10 and 405 freeways. The immediate area is home to a vibrant neighborhood full of pedestrian friendly sidewalks and plenty of walkable restaurants and retailers, including Trader Joes, Whole Foods 365, and The Upper West.

T.C. Macker, CCIM and Jennifer Moscoso of WESTMAC Commercial Brokerage Company represented the Seller. George Gross of Coldwell Banker Commercial NRT represented the Buyer.

T.C. Macker PR releases

WESTMAC COMMERCIAL BROKERAGE COMPANY ARRANGES $31.5 MILLION SALE OF PRIME BLOCK-TO-BLOCK PARCELS AT INTERSECTION OF 26TH STREET AND WILSHIRE BOULEVARD IN SANTA MONICA, CA


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Closed on July 15, 2021

Santa Monica, CA – WESTMAC Commercial Brokerage Company has arranged the sale of seven contiguous parcels along Wilshire Boulevard in Santa Monica, California for $31,500,000, or $572 per square foot of land.

Located along an iconic strip of Wilshire Boulevard between 25th Street and 26th Street on the North side of the street in Santa Monica, the sale was comprised of 2501-2525 Wilshire Boulevard, 1143, 1145, 1151 25th Street, and 1142, 1148, 1156-1158 26th Street. The entire sale totaled approximately 55,000 square feet of land (1.27 acres) and consisted of three commercial properties, in addition to four parking lots.

The commercial properties located along Wilshire Boulevard are designated Mixed Use Boulevard (MUB) zoning, while the others are designated as Low Density Residential (LDR) zoning. The property is currently occupied by a small strip center, an office building, and a mixed-use building.

 “There are very few properties in Santa Monica that come up as versatile as this, it’s a highly coveted location that hasn’t been on the market in over fifty years,” said T.C. Macker.

T.C. Macker, CCIM of WESTMAC Commercial Brokerage Company was the broker on this transaction.

26th & Wilshire has Sold!
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For Sale/Lease – Storefront Commercial + Workshop in Santa Monica, CA


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Looking for your new office headquarters? Look no further! Introducing to the market, 1855 Lincoln Boulevard, two-unit storefront commercial building with a workshop in the back, located in Santa Monica, CA.

1855 Lincoln Boulevard is comprised of a ± 2,500 square foot storefront commercial building plus an ± 888 square foot workshop behind the building for a total of ± 3,388 square feet of building situated on ± 7,000 square feet of land. Built in 1996, the property falls within Santa Monica’s General Commercial (GC) zone, and can accommodate a number of uses including retail, walk-in office, and small restaurants (check with City of Santa Monica for specific use). There is room to park eight (8) to ten (10) cars in the rear of the property, which is protected by a security gate. The property is nestled along the heavily traveled Lincoln Boulevard (one building north of the Pico Boulevard intersection), surrounded by an amenity rich area walking distance from its doors.

The building is made up of two (2) ± 1,250 square foot lofted storefront units. Both units are nearly identical and offer tenants and buyers open floor plan, sleek design, polished concrete flooring, 18’ ceilings with exposed ductwork plus loft, and private office. A spiral staircase leading to the loft adds a unique touch of vintage flair to each space. All units have a private bathroom, including the workshop; and are separately metered. The property is partially occupied by Seller and will be delivered vacant upon the close of escrow, or execution of lease.

1855 Lincoln Boulevard is strategically located in an excellent Santa Monica location with easy access to the 10 and 405 freeways. It is part of Santa Monica’s Pico neighborhood on a prime strip of Lincoln Boulevard with a daily traffic count of over 42,000 CPD. The property is located along the east side of Lincoln Boulevard, just north of the major signalized Pico Boulevard intersection. The area is an ideal location surrounded by walkable amenities, including Walgreen’s, Starbucks, Fatburger, Chick-fil-A, Sherwin Williams, Shell station, and many others. The property’s location offers proximity to Downtown Santa Monica, Venice, and the beach.

Download the Offering Memorandum HERE for more information.

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For Sale – Santa Monica – STNL – 4.96% Cap


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WESTMAC Commercial Brokerage Company is proud to present the sale of 3221 Pico Boulevard, a highly visible single-tenant net-leased commercial restaurant located in Santa Monica, one of Los Angeles’s most exciting neighborhoods for food, culture and entertainment. 3221 Pico Boulevard is a 2,250 square foot single tenant commercial building situated on approximately 2,500 square feet. It was built in 1952 and part of Santa Monica’s Neighborhood Commercial (NC) zone.

3221 Pico Boulevard is nestled along the heavily-traveled Pico Boulevard, surrounded by an amenity rich area walking distance from its doors. It is currently leased to a restaurant tenant. The lease is triple net (NNN) providing for zero to very minimal landlord responsibilities. The monthly triple net (NNN) rent is currently $7827.70 with CPI adjustments each February 1. The triple net charges are approximately $1,036 per month. The current lease expires January 31, 2025.

The property is strategically located in an excellent Santa Monica location bordering West Los Angeles, Westwood, Brentwood, Mar Vista, Venice and Pacific Palisades are adjoining neighbors with easy access to the 10 and 405 freeways. Walkable amenities include Trader Joe’s, Whole Foods Market 365, UnUrban Coffee House, Chase Bank, Rejuice, Crossfit Reflex, The Upper West, Valentino, and many more!

Click Here to Download Offering Memorandum

Commercial Real Estate, T.C. Macker PR releases

WESTMAC COMMERCIAL BROKERAGE COMPANY ARRANGES $2.735 MILLION SALE OF COMMERCIAL BUILDING IN SANTA MONICA


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Sold on February 19, 2021

Santa Monica – WESTMAC Commercial Brokerage Company has arranged the sale of 3009 Lincoln Boulevard in Santa Monica for $2,735,000, or $912 per square foot.

3009 Lincoln Boulevard is a single-tenant retail/office building comprised of approximately 3,000 square-feet on approximately 8,288 square-feet of land. The building was previously used as a dance studio and features hardwood floors, corner parking lot with thirteen parking spaces, and excellent visibility along Lincoln Boulevard. The building was vacant at the time of sale.

“That pocket of Santa Monica is popular for commerce and was a great fit for the Buyer who purchased the building as an owner-user,” said Jeff Pickett.

Jeffrey M. Pickett and T.C. Macker, CCIM of WESTMAC Commercial Brokerage Company represented the Buyer. Drew McAllister of NRE Commercial represented the Seller.

Commercial Real Estate

Office / Retail Opportunity | Santa Monica | For Sale or Lease


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Download Offer Memorandum here for more information

WESTMAC Commercial Brokerage Company, as exclusive advisor, is pleased to present 1710 Santa Monica Boulevard for sale or lease. 1710 Santa Monica Boulevard is located at the corner of Santa Monica Boulevard and 17th Street on approximately 10,000 square feet of land, and is made up an approximately 7,000 square foot, two-story building, tailored for office and retail use. Built in 1946, 1710 Santa Monica Boulevard has gone through many renovations over the years. The most recent tenant was Enterprise Rent-a-Car, which occupied the entire building. There is on-site parking for approximately fifteen [15] cars, and an ample amount of metered parking along the street. The building is currently 100% vacant. 1710 Santa Monica Boulevard offers excellent visibility along a highly traveled street in Santa Monica and is located seventeen [17] blocks from the Santa Monica Beach & Pier. The subject property is in close proximity to a variety of amenities; including shops, restaurants, bars, boutiques, and entertainment venues. The location has plenty of accessible public transportation – from MetroLight Rail, to Bus, to scooter. Moreover, there are plenty of major employers in the immediate area. 1710 Santa Monica Boulevard is an incredible opportunity for buyers or tenants to purchase or lease a preeminent location in one of the most in-demand real estate markets in the world.

More than 7 million visitors a year come toSanta Monica, for the world famous beaches and for it’s easy accessibility to other LosAngeles area attractions. Santa MonicaBeach averages more than 300 days of sunshine a year and offers some of the best sunsets on the West Coast. Santa Monica is also known for its walk and bike-friendly streets, as well as ample bus and MetroLight Rail opportunities. Wether you come to Santa Monica to live, work, or play, it is extremely easy to get around and experience all the shops, restaurants, and attractions. Downtown Santa Monica draws thousands of visitors and residents to its streets and coastline. Located alongside the famous Pacific Coast Highway SantaMonica is home to the Santa Monica PierMonica Place Shopping Center, PalisadesPark and Santa Monica beach. With breathtaking ocean views that stretch as far as the eye can see, it undoubtably has the best sightseeing a city can offer.