2016.02.19 315 Wishire Lease Brochure (Restaurant) · 1 Property Highlights T A B L E O F C O N T E...

3 1 5 W I L S H I R E B L V DS A N T A M O N I C A, C A

EXCLUSIVE LISTING BROKERS

EDWARD J. MCKEEGAN+1 310 258 0444 X [email protected]

DENNIS DILLON+1 310 258 0444 X [email protected]

CHELSEA NOVELLI+1 310 258 0444 X [email protected]

MEI Real Estate Services5757 W. Century Blvd., Ste 605Los Angeles CA 90045t: +1 310 258 0444f: +1 310 258 0444DRE #01100993

D I S C L A I M E R & C O N F I D E N T I A L I T Y A G R E E M E N T

The information contained herein does not purport to provide a complete or fully accurate summary of the Property or any of the documents related thereto, nor does it purport to be all-inclusive or to contain all of the information which prospective buyers may need or desire. All fi nancial projections are based on assumptions relating to the general economy, competition, and other factors beyond the control of the Owner and Broker and, therefore are subject to material variation. This Marketing Package does not constitute an indication that there has been no change in the business or affairs of the Property or the Owner since the date of preparation of the information herein. Additional information and an opportunity to inspect the Property will be made available to interested and qualifi ed prospective buyers.

Neither Owner nor Broker nor any of their respective offi cers, Agents or principals has made or will make any representations or warranties, express or implied, as to the accuracy or completeness of this Marketing Package or its contents. Agents and verifi cation of the information contained in the Marketing Package is solely the responsibility of the prospective lessee, with the Property to be leased on an as is, where-is basis without any representations as to the physical, fi nancial or environmental condition of the Property.

Owner and Broker expressly reserve the right, at their sole discretion, to reject any or all expressions of interest or offers to lease the Property and/or terminate discussions with any entity at any time with or without notice. Owner has no legal commitment or obligations to any entity reviewing this Marketing Package or making an offer to lease the Property unless and until such lease of the Property has been fully delivered, and approved by Owner, its legal counsel and any conditions to the Owner’s obligations thereunder have been satisfi ed or waived.

This Marketing Package and its contents, except such information which is a matter of public record or is provided in sources available to the public (such contents as so limited herein called the “Contents”), are of a confi dential nature. By accepting this Marketing Package, you unconditionally agree that you will hold and treat the Marketing Package and the Contents in the strictest confi dence, that you will not photocopy or duplicate the Marketing Package or any part thereof, that you will not disclose the Marketing Package or any of the Contents to any other entity (except in the case of a principal who shall be permitted to disclose to your employees, contractors, investors and outside advisors retained by you, or to third-party institutional lenders for fi nancing sought by you, if necessary, in your opinion, to assist in your determination of whether or not to make a proposal) without the prior authorization of the Owner or Broker, and that you will not use the Marketing Package or any of the Contents in any fashion or manner detrimental to the interest of the Owner or Broker.

*PLEASE DO NOT DISTURB CURRENT TENANTS OR DISCUSS LISTING WITH EMPLOYEES.

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T A B L E O F C O N T E N T S

U P S C A L E R E T A I L O R R E S T A U R A N T L E A S E O P P O R T U T I N I T Y

Presented exclusively by MEI Real Estate Services: 5757 W. Century Blvd. Ste. 605, Los Angeles, California 90045

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ADDRESS LIST PRICE PROPERTY TYPE AVAILABLE

FRONTAGE OCCUPANCY LEASE TERMS ZONING

LISTING OVERIVEW

A N E X Q U I S I T E L E A S E O F F E R I N G

D O W N T O W N S A N T A M O N I C A Streetfront Retail Building

U N P A R A L L E L E D R E T A I L O R R E S T A U R A N T O P P O R T U N I T Y

315 Wilshire Blvd., Santa Monica, CA 90401$6.95- $7.95/SF NNN ($0.85/SF) Street Front Retail/ North Promenade1,000 SF - 2,720 SF Ground Floor Retail OR 2,499 USF Restaurant (to satisfy city code) with ability to rent up to approx. 787 SF of additional mezzanine space.32’Immediate5-10 yearsMUB (Mixed Use Boulevard)

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Presented exclusively by MEI Real Estate Services: 5757 W. Century Blvd. Ste. 605, Los Angeles, California 90045

MEI Real Estate Services is pleased to offer a very rare opportunity to occupy retail endcap space located in Downtown Santa Monica. 315 Wilshire Boulevard represents the opportunity to acquire a unique suite in the heart of Santa Monica, one of the top performing markets in Southern California. Fueled by booming tourism and retail, restaurant in addition to high-tech, media and entertainment of-fi ce industries, this location presents an unparalleled opportunity for any business.

The property is located just north of 3rd Street Promenade at 315 Wilshire in Santa Monica, California. It is steps from the famous 3rd Street Promenade, Santa Monica Place, the Santa Monica Pier, and the breathtaking California Coast. These attractions and sites in addition to an abundance of restaurant and shopping concepts keep the property in the heart of constant foot traffi c, resulting in higher business revenues and long-term outperformance. It is surrounded by ample street parking and public city parking structures.

This dual story suite boasts 2,720 SF of ground fl oor retail or 2,499 SF of restaurant space (to satisfy city code) with the ability to rent approximately 736 SF of addition-al mezzanine space. The suite boasts 32’ of full-glass window frontage on Wilshire Blvd. and benefi ts from extreme vicinity and retail exposure. Immediately surround-ing tenants include Sur La Table, Paper Source, Demitasse Cafe, Starbucks, Barnes & Noble, Banana Republic, Pure Barre, Chipotle, J. Crew, Restoration Hardware, T-Mobile, PF Changs, Whole Foods, Chase Bank, Tesla, and many more.

Creatively designed inside and out with original building details, this property boasts stunning features including a sophisticated open space and a largefacade. Ideally located at the heart of a vibrant city where world-classrestaurants, high-end retailers and a unique creative culture thrive, this exclusive opportunity poses as the perfect space for an upscale retail business, fi nancial institution, food-related use, or service- related industry to call home.

*PLEASE DO NOT DISTURB EXISTING TENANT

3 1 5 W I L S H I R E B L V D S A N T A M O N I C A, C AO P P O R T U N I T Y H I G H L I G H T S

U N P R E C E D E N T E D L O C A T I O N S U R R O U N D E D B Y W O R L D C L A S S R E T A I LD I N I N G, H O T E L S, P A R K S, E X C L U S I V E R E S I D E N C E S & C R E A T I V E C U L T U R E Presented exclusively by MEI Real Estate Services: 5757 W. Century Blvd. Ste. 605, Los Angeles, California 90045

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Santa Monica Pier

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SANTA MONICA PIER

SANTA MONICA PLACE

THE HUNTLEY HOTEL

TONGVA PARK

SHUTTERS ON THE BEACH

VICEROY SANTA MONICA

DEL FRISCO’S

ORIGINAL MUSCLE BEACH

THIRD STREET PROMENADE

BLOOMINGDALES

HOTEL SHANGRI- LA

HILLSTONE

STARBUCKSFAIRMONT MIRAMAR HOTEL & BUNGALOWS

TRUE FOOD KITCHEN

NORDSTROM

41 OCEAN MEMBER CLUB

SEASONS 52

SHORE HOTEL THE GEORGIAN

BOA/ SUSHI ROKU

EQUINOX

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People may think of Santa Monica as a laid-back beachside city, but its shopping options rival cosmopolitan destinations like Manhattan and nearby Beverly Hills. That’s because its array of offerings range from one-of-a-kind artwork and eco-inspired house-wares to designer labels and straight-from-the-runway styles, all within a walkable locale that’s around 8.3 square miles. Maybe it’s the proximity to the beach, but Santa Monica’s shopping areas have a distinctly easygoing vibe. Shoppers can step out in numerous looks that fit their style and feel at home either way.

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Santa Monica:

’’Tourist Haven

with over 10 mil-

lion tourist visits

each year. A luxu-

ry powerhouse with

high street retail

and designer iconic

brands."

Visitors and locals come to eat in Santa Monica because of the renowned restaurants & chefs, and restaurants want to be in Santa Monica because of the location, the variety, the tourism and the farmers market. Because of Santa Monica’s compact size, restaurants are close to-gether and are very walkable. Most of the well-known and popular restaurants in Santa Monica are located on or around our main streets and neighborhoods. Here, you’ll find it all: the finest examples of cutting edge Cali-fornia cuisine, authentic flavors from around the world and casual family dining.

Rivaled only by submarkets within Beverly Hills and San Francisco, it is also one of the premier Southern California retail markets, attracting the best-of-the-best tenants and enjoying a highly educated workforce, a sig-nifi cantly increasing annual visitor count and substantial spending momentum. With year round perfect weather, above average city infrastructure and a constant fun-nel tourism coming in year round- it’s no surprise some of the best and newest businesses are choosing Santa Monica to open shop.

S A N T A M O N I C A A T T R A C T S U P W A R D S O F 8 M I L L I O N V I S I T O R S I N 20 1 5

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The media and entertain-ment capital of the world has al-ways attracted businesses whose focus is on entertainment, media, and fashion and lifestyle. The famed 3rd Street Promenade on which the Property sits just north of is known around the world as a destination of arts, culture and entertainment. Restau-rants, museums, theaters, cultural landmarks and arts-related orga-nizations are all within walking dis-tance in this media & entertain-ment-saturated coastal city.

"There’s a conver-gence of everything here to allow in-creasing tourism and spending mo-mentum to thrive.”

Addi onally, the Santa Monica Cultural Aff airs Division supports the media arts and the ar sts of one of the world’s most exci ng coastal des na ons. A division of the City of Santa Monica’s Community and Cultural Services Department, Cultural Aff airs produces, presents and facilitates access to cultural events for residents and millions of an-nual visitors, helps anchor the diverse crea ve sector that enriches our cultural and economic base, and promotes Santa Monica as a major cultural des na on. This includes managing the City’s extensive collec on of public art ranging from murals to interac ve installa ons, with new media projects being developed in conjunc on with most Santa Monica public works projects, as well as off ering four grant pro-grams for Santa Monica-based arts and culture organiza ons, schools and arts/media-arts related individuals.

The City of Santa Monica, with its rich cultural history, has had a profound effect on the development of art and culture domestically and internationally. More visual and performing artists, arts present-ers, designers, architects, and fi lm and music producers per capita can be found in Santa Monica than in any other city in the State. The city’s attractive pedestrian friendly neighborhoods are enhanced by a collection of major works of public art along with cultural facilities such as Bergamot Station, the California Heritage Museum, Miles Playhouse and the Santa Monica Museum of Art. In the last ten years the number of nonprofi t arts agencies in Santa Monica has more than doubled. They, along with sixty commercial art galleries, numerous live theaters and movie theatres, bookstores, and a myriad of music venues, help attract and anchor a large and diverse creative sector, enriching the City’s cultural and economic base.

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B U S I N E S S S U M M A R Y (2015)

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EXCLUSIVE LISTING BROKERS

DENNIS DILLON+1 310 258 0444 X [email protected]

CHELSEA NOVELLI+1 310 258 0444 X [email protected]

MEI Real Estate Services5757 W. Century Blvd., Ste 605Los Angeles CA 90045t: +1 310 258 0444f: +1 310 258 0444DRE #01100993

3 1 5 W I L S H I R E B L V D.S A N T A M O N I C A, C A

2016.02.19 315 Wishire Lease Brochure (Restaurant) · 1 Property Highlights T A B L E O F C O N T E...

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