creative office space for lease - loopnet...2016 median age 39.7 39.2 38.2 h o u s e h o l d s 2016...

ED SACHSE | 310-887-6250 CHRISTINE DESCHAINE | 310-887-6440 CLARE COLLINS | 310-887-3520 www.kennedywilson.com/brokerage

Creative Office Space for Lease1151 11TH STREET, & 1115 WILSHIRE BLVD. ±19,638 SF . Bow Truss Ceilings . Skylights . Roll-Up Doors

Creative Office Space for Lease1151 11th Street | SANTA MONICA, CA 90401

ED SACHSEExecutive Managing Director310-887-6250 | [email protected] #01021349

CHRISTINE DESCHAINESenior Vice President310-887-6440 | [email protected] #00905121

CLARE COLLINSAssociate310-887-3520 | [email protected] #02023110

Kennedy Wilson | 151 S. El Camino Drive, Beverly Hills, CA 90212 | 310-887-6400 | www.kennedywilson.com/brokerageKennedy Wilson Properties, Ltd. (Responsible Broker, CalBRE #00746768) makes no warranty or representation as to the accuracy of the information contained herein. Terms of sale or lease and availability of the property are subject to change or withdrawal without notice.

PROPERTY DESCRIPTION

Location: 1151 11th St., Santa Monica, CA 90401Available: ±19,638 SF (divisible - 2,500 SF)

Rent$5.50 PSF/Mo. NNN $7.00 PSF/Mo. NNN Wilshire Frontage$8.00 PSF/Mo. NNN Signalized Corner

PROPERTY HIGHLIGHTS � Excellent for production, Architecture, and entertainment companies � Prime Santa Monica location; minutes from downtown Santa Monica � Hard to find creative office space with beautiful bow truss ceilings, skylights, concrete slab floor, and roll-up doors

� Walking distance to restaurants and amenities � Secured parking off site within two blocks, on-site valet, and potential on site parking

� Easy access to the W/E bound I-10 Freeway Prospective tenants are hereby advised that all uses are subject to City approval

NEIGHBORING TENANTS:

Creative Office Space for Lease


CHRISTINE DESCHAIE Senior Vice President310-887-6440 | [email protected] #00905121


1151 11th Street | SANTA MONICA, CA 90401


Site Plan

Exterior view with Patio and/or Parking

Patio Access from Office Spaces

D E S I G NB O T O

A R C H I T E C T S

A C O U S T I C S

1101 Wilshire BoulevardSanta Monica, California

BOTO DESIGN ARCHITECTS, INC.1508 17TH STREET, 1ST FLOOR

SANTA MONICA, CA 90404TEL 310 453 6400WWW.BOTO.COM

December 8, 2016

Aerial view of courtyard

D E S I G NB O T O

A R C H I T E C T S

A C O U S T I C S

1101 Wilshire BoulevardSanta Monica, California

BOTO DESIGN ARCHITECTS, INC.1508 17TH STREET, 1ST FLOOR

SANTA MONICA, CA 90404TEL 310 453 6400WWW.BOTO.COM

December 8, 2016

Interior courtyard

$7.00 PSF/MO. Wilshire Frontage

$5.50 PSF/MO.

$8.00 PSF/MO. Signalized Corner

11TH STREET

WIL

SH

IRE

BLV

D.







Proposed Redesign

Clockwise from top: Courtyard elevation; aerial view from above 11th Street looking east; perspective of courtyard and parking entrance on 11th Street.







CA

LIFOR

NIA

AVE.

Rx

Rx

Rx

5

Century City

WILSHIRE BLVD.

ARIZONA AVE.

11TH ST.

The Wilshire Retail Corridor1151 Wilshire Blvd. is surrounded by dozens of successful Westside retail establishments along Wilshire Blvd. including Santa Monica Seafood, La Monarca Bakery, W.I. Simonson Mercedes-Benz and acclaimed restaurants Rustic Canyon, Huckleberry, Belcampo Restaurant and Butcher

Shop, Mélisse and Ingo’s Tasty Diner.Santa Monica







WESTW

OOD BLVD.

West Los Angeles

PacificPalisades

SantaMonica

Palms

Westwood

BUNDY DR.

MarVista

OceanPark

Brentwood

Santa Monica

Airport

Santa Monica

Pier

PICO BLVD.

14TH STREET

Santa Monica

College

Third StreetPromenade

Saint John’sHealth Ctr.

Brentwood

Country Mart

SantaMonica

WILSHIRE BLV

D.

VENICE BLVD.

SAN VICENTE BLVD.

LINCOLN BLVD.

PacificOcean

MONTANA AVE.

WILSHIRE B

LVD.

SANTA M

ONICA BLVD.LINCOLN BLVD.

14TH ST.

17TH ST.

11TH ST.

Demographic Source: Applied Geographic Solutions 04/2016, TIGER Geography page 1 of 1©2016, Sites USA, Chandler, Arizona, 480-491-1112

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SUMMARY PROFILE2000-2010 Census, 2016 Estimates with 2021 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 34.0249/-118.4915RS1

1115 Wilshire Blvd1 mi radius 3 mi radius 5 mi radius

Santa Monica, CA 90401-2011

POPU

LATI

ON

2016 Estimated Population 43,956 193,836 424,918

2021 Projected Population 45,731 202,278 441,272

2010 Census Population 41,098 182,939 402,245

2000 Census Population 37,793 177,809 386,241

Projected Annual Growth 2016 to 2021 0.8% 0.9% 0.8%

Historical Annual Growth 2000 to 2016 1.0% 0.6% 0.6%

2016 Median Age 39.7 39.2 38.2

HO

USE

HO

LDS

2016 Estimated Households 24,543 98,156 201,389

2021 Projected Households 25,610 102,627 210,063

2010 Census Households 22,639 91,880 189,449

2000 Census Households 20,963 90,659 183,934

Projected Annual Growth 2016 to 2021 0.9% 0.9% 0.9%

Historical Annual Growth 2000 to 2016 1.1% 0.5% 0.6%

RAC

E AN

DET

HN

ICIT

Y

2016 Estimated White 75.9% 73.1% 68.0%

2016 Estimated Black or African American 4.4% 4.2% 4.2%

2016 Estimated Asian or Pacific Islander 10.8% 11.9% 15.9%

2016 Estimated American Indian or Native Alaskan 0.3% 0.4% 0.4%

2016 Estimated Other Races 8.6% 10.5% 11.5%

2016 Estimated Hispanic 13.8% 17.0% 18.1%

INC

OM

E 2016 Estimated Average Household Income $110,001 $135,960 $133,365

2016 Estimated Median Household Income $80,837 $91,938 $91,697

2016 Estimated Per Capita Income $61,707 $69,017 $63,481

EDU

CAT

ION

(AG

E 25

+)

2016 Estimated Elementary (Grade Level 0 to 8) 3.3% 3.4% 3.7%

2016 Estimated Some High School (Grade Level 9 to 11) 2.7% 3.2% 3.2%

2016 Estimated High School Graduate 10.6% 9.9% 10.2%

2016 Estimated Some College 15.3% 15.1% 15.7%

2016 Estimated Associates Degree Only 4.8% 5.1% 5.3%

2016 Estimated Bachelors Degree Only 35.2% 36.7% 35.5%

2016 Estimated Graduate Degree 28.0% 26.6% 26.3%

BUSI

NES

S 2016 Estimated Total Businesses 5,755 17,820 31,243

2016 Estimated Total Employees 54,936 160,183 353,610

2016 Estimated Employee Population per Business 9.5 9.0 11.3

2016 Estimated Residential Population per Business 7.6 10.9 13.6

Demographics

1 MILE 3 MILES 5 MILES







In the Heart of the Westside’s Premier Shopping and Dining

The Property is located in the heart of the west Los Angeles City of Santa Monica along a stretch of Wilshire Boulevard that is adjacent to a very affluent residential community and in direct line to high end retailers and acclaimed restaurants.

Third Street PromenadeDowntown Santa Monica features one of the nation’s premiere retail streets, Third Street Promenade, offering a wide range of retail, dining, and entertainment. Larger tenants include Anthropologie, H&M, Urban Outfitters, a three-story Gap, Forever 21, American Apparel, Sephora, and Apple. Third Street Promenade also hosts the largest and oldest certified organic farmers’ market each Wednesday and Saturday on Arizona Ave. between 2nd and 4th Streets. Entertainers are a frequent sight on the street.

Santa Monica PlaceSanta Monica Place originally opened in 1980 at the apex of Santa Monica’s Third Street Promenade, developed by The Rouse Company and one of architect Frank Gehry’s early works with Gruen Associates. Located at the south end of Santa Monica’s Third Street Promenade shopping district, and two blocks from the beach and Santa Monica Pier, the three-level mall features Bloomingdale’s, Nordstrom, Nike, Louis Vuitton, ArcLight Cinemas and dozens of other specialty stores and eateries.

Santa Monica PierThe Santa Monica Pier is a large double-jointed pier located at the foot of Colorado Avenue in Santa Monica and is a prominent,

100-year-old landmark. It features restaurants, souvenir shops, and an amusement park with roller-coaster and games. The summer Twilight Concerts series is celebrating its 31st year at the pier and features well-known and up and coming musical acts.

Ocean AvenueOcean Avenue is the westernmost street in Santa Monica, and for most of its course it runs parallel to Palisades Park, whose bluffs overlook Pacific Coast Highway and Santa Monica State Beach. The street is also a fine dining destination with notable restaurants such as Blue Plate Oysterette, BOA Steakhouse, Water Grill, Ivy at the Shore, Red O, Del Frisco’s Grille and The Lobster.

Montana AvenueJust off Santa Monica’s coastline lies Montana Avenue, a charming 10-block, open-air retail destination. Home to more than 150 high-end boutiques, restaurants, and service establishments, Montana Avenue is Santa Monica’s premiere shopping neighborhood.

Bergamot StationLocated at 26th Street and Olympic Blvd. just off the I-10 Freeway, Bergamot Station is a collection of art galleries and artists’ studios with over 600,000 visitors per year. The complex’s name dates back to 1875 when it was a stop for the Red Line trolley running from Los Angeles to the Santa Monica Pier.

creative office space for lease - loopnet...2016 median age 39.7 39.2 38.2 h o u s e h o l d s 2016...

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