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PRICE: PREMISES...just steps from the beach. Known for its fabulous dining, terrific shopping and...

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Page 1: PRICE: PREMISES...just steps from the beach. Known for its fabulous dining, terrific shopping and engaging street performers, hosts more than 5.6 million yearly visitors (half from
Page 2: PRICE: PREMISES...just steps from the beach. Known for its fabulous dining, terrific shopping and engaging street performers, hosts more than 5.6 million yearly visitors (half from

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PRICE: $325,000.00

LOCATION: 2917 Main Street, Santa Monica, CA 90405

PREMISES: 1,200 SF Interior Space Plus Frontage Patio Dining

OCCUPANCY: +/- 19 Interior; 24 on Patio

LEASE TERM: 41 Months

OPT: 60 Months

BASE RENTAL RATE: $8,200.00 Gross

RENT INCREASES: CPI

AVAILABILITY: Upon Transfer of the liquor Licenses

CAM/NNN: None

PERCENTAGE RENT: None

PREVIOUS LICENSES: Type 41

SIGNAGE: See City Approved Plans

© 2013 Dynamic Properties, LLC This information has been obtained from sources believed reliable. We have not verified it and make

no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and

do not represent the current or future performance of the property. CA License #747205

HIGHLIGHTS

Page 3: PRICE: PREMISES...just steps from the beach. Known for its fabulous dining, terrific shopping and engaging street performers, hosts more than 5.6 million yearly visitors (half from

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View East - Atlantic & Garvey

SITE PLAN

Page 4: PRICE: PREMISES...just steps from the beach. Known for its fabulous dining, terrific shopping and engaging street performers, hosts more than 5.6 million yearly visitors (half from

APPROVED DESIGN

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Page 5: PRICE: PREMISES...just steps from the beach. Known for its fabulous dining, terrific shopping and engaging street performers, hosts more than 5.6 million yearly visitors (half from

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APPROVED DESIGN

Page 6: PRICE: PREMISES...just steps from the beach. Known for its fabulous dining, terrific shopping and engaging street performers, hosts more than 5.6 million yearly visitors (half from

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FINANCIALS

Page 7: PRICE: PREMISES...just steps from the beach. Known for its fabulous dining, terrific shopping and engaging street performers, hosts more than 5.6 million yearly visitors (half from

AERIAL OVERHEAD

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Looking East Atlantic and Garvey

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Santa Monica Overview

SANTA MONICA, CA

Drawing locals and international travelers alike, Santa

Monica’s is a popular Southern California destination,

just steps from the beach. Known for its fabulous dining,

terrific shopping and engaging street performers, hosts

more than 5.6 million yearly visitors (half from abroad),

spending in excess of $1.2 billion dollars. Serving this

population are thirty-five hotels including premium

destinations like Hotel Casa Del Mar, Shutters on the

Beach, Viceroy and the Fairmont Miramar.

In the primary trade area alone, 35% of households have

incomes greater than $100,000 and 51% of owner

occupied homes are valued over $1,000,000. Some

129,000 daytime employees work within three miles of

the Main Street and some of the most prominent

companies in the country such as: the RAND

Corporation, Yahoo, Google, Sony Pictures, MGM, MTV

etc.

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