728-734 Montana Ave - Storefront Retail/Residential FOR SALE


Santa Monica, CA 90403- Wilshire Montana
$11,000,000 USD
310-966-4352
728-734 Montana Ave, Santa Monica, CA for Sale
$11,000,000 USD
Storefront Retail/Residential - FOR SALE
1/11
null | Request Cap Rate

NEW


728-734 Montana Ave
Santa Monica, CA 90403
Wilshire Montana


HIGHLIGHTS

  • High visibility at signalized Montana-Lincoln intersection
  • Ample parking in rear lot (27 spaces)
  • Walking distance to outstanding shopping, dining, fitness and hospitality amenities
  • Easily accessible by public transportation
  • Unbeatable location blocks from popular tourist hot spots - Santa Monica Beach, Santa Monica Pier, Third Street Promenade, and Palisades Park
  • Meticulously maintained property

OVERVIEW

-Stable, Increasing Cash Flow - Annual increases built into the retail leases provide a consistently growing cash flow. Opportunity to bill back utilities to tenants. -Location Upside - Benefits from Santa Monica’s booming tourism economy and Silicon Beach market drivers, including influx of employees and demand for housing, making Santa Monica an exclusive place to live and work. -High Demand, Low Supply - Supply and demand imbalance in Santa Monica leaves a lack of quality real estate options for buyers.

FOR SALE DETAILS

PRICE

$11,000,000 USD

PRICE/SF

$1,333 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Montana @ Lincoln Crossing

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1999

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,504 SF

ZONING

SMNC

APN/PARCEL ID

4292-001-001,4292-001-004

ASK ABOUT THIS PROPERTY

T.C. MackerWESTMAC Commercial Brokerage CompanyMore Info
310-966-4352

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T.C. MackerWESTMAC Commercial Brokerage CompanyMore Info
310-966-4352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.