2419—2421 michigan ave santa monica · feasibility analysis of the proposed site, cost estimates...

V071019

SCOTT [email protected] BRE No. 01252835

RICH [email protected] BRE No. 02009527

RETAIL± 1,255 TO ± 8,110 SF

INDUSTRYPARTNERS.COM310 395 5151CA BRE No. 01900833

FOR LEASE

2419—2421 MICHIGAN AVESANTA MONICA

INDUSTRYPARTNERS.COM 310 395 5151 CA BRE NO. 01900833 V071019 2

FOR LEASE RETAIL 2419-2421 MICHIGAN AVE SANTA MONICA CA 90404 DETAILS

Meticulously repositioned for creative office and retail use

FEATURES

Best-in-class creative office / retail conversion located in a unique art-centered setting

Acclaimed chef Jeremy Fox’s (Rustic Canyon) new restaurant Birdie G’s just opened on-site

Direct Access to Metro Expo Line 26th St/Bergamot Station

Immediately adjacent to the City of Santa Monica’s Bergamot Station Art Center redevelopment project

Premium Santa Monica Media District location

Neighboring creative and media tenants include Amazon, Oracle, Red Bull, Dick Clark Productions, CBS, and Kite Pharma

RATE

$5.25 / SF per Mo. / NNNUSE

Retail

Retail

Retail

Office/Retail

AVAILABLE SF

1,599 RSF

2,466 RSF

1,255 RSF

2,790 RSF

8,110 RSF

NNNS

$1.00 / SF per MoUNIT

Suite 1

Suite 2

Suite 3

Suite 5

Total

OCCUPANCY

Q1, 2020TERM

5-10 YearsPARKING

1 Spaces per 1,000 SF

$200 per space / mo.

BIRDIE G’SFirst glimpse inside the new midwestern style restaurant by acclaimed chef, Jeremy Fox


FOR LEASE RETAIL 2419-2421 MICHIGAN AVE SANTA MONICA CA 90404 PROXIMITY TO METRO

2419-2421 MICHIGAN AVE

320 FT WALK Expo LineBergamot Station


FOR LEASE RETAIL 2419-2421 MICHIGAN AVE SANTA MONICA CA 90404 CONCEPT RENDERING

ALLEYCONCEPT RENDERING.Renderings for information purposes only. Layout and finishes may vary


FOR LEASE RETAIL 2419-2421 MICHIGAN AVE SANTA MONICA CA 90404

SUITE 3954 RSF

SUITE 11,599 RSF

LEASED TO BIRDIE G’S

SUITE 22,050 RSF

LEASED TO HEADSPACE

MIC

HIG

AN

AVE

PATI

O

SUITE 52,137 RSF

FLOOR PLAN

GROUND FLOOR

STE 1 ± 1,599 RSF

STE 2 ± 2,050 RSF

STE 3 ± 954 RSF

STE 5 ± 2,137 RSF

NOT TO SCALE.Floor plan for information purposes only. Layout and furnishings may vary


FOR LEASE RETAIL 2419-2421 MICHIGAN AVE SANTA MONICA CA 90404 FLOOR PLAN

NOT TO SCALE.Floor plan for information purposes only. Layout and furnishings may vary

SUITE 3301 RSFSUITE 2

396 RSF MIC

HIG

AN

AVE

PATI

O

SUITE 5653 RSF

MEZZANINE

STE 2 ± 396 RSF

STE 3 ± 301 RSF

STE 5 ± 653 RSF


FOR LEASE RETAIL 2419-2421 MICHIGAN AVE SANTA MONICA CA 90404 CONCEPT RENDERING

BACK OF THE ALLEYCONCEPT RENDERING.Renderings for information purposes only. Layout and finishes may vary



ALLEYCONCEPT RENDERING.Renderings for information purposes only. Layout and finishes may vary

CONCEPT RENDERING


FOR LEASE RETAIL 2419-2421 MICHIGAN AVE SANTA MONICA CA 90404 NEIGHBORHOOD

EXPO LINE

TiatoNoma Sushi

Veggie Grill

Tender Greens

Le Petit Cafe

Daily Grill

Starbucks

Iron Gym

Bodega

Pono Burger The Buffalo Club

Ralph’s

18th St Coffee

Bay ClubBergamot Station

Whole Foods

Malbec Argentinean

Wilshire

Earth Wind and Flour

Opaque

Takuma

Erewhon Market

Bread & Porridge

Estate

Milo & Olive

2419 MICHIGAN AVE

Bergamot Cafe

Birdie G’s NEW

About the Neighborhood

Neighborhood surrounded by creative tenants, including Amazon, Oracle, Agensys, Starz, RiotGames, and many more

Located right at Metro’s Expo Line Bergamot Station, which connects Downtown Santa Monica with Downtown LA

Amenity-rich area, with a balance of restaurants, coffee shops, retailers, and fitness clubs

Adjacent to the Exposition Corridor Bike Path

In close proximity to the 10 Fwy

ADJACENT TO BERGAMOT STATION2 BLOCKS TO 10 FREEWAY4-10 MIN DRIVE TO 405 FREEWAY

©2019 Industry Partners, Inc. | All images and information contained in this brochure are based on the latest information available at the time of publication, and may not represent finished property conditions. No warranty or represen-tation is made to the accuracy of the foregoing information. Terms of lease or sale are subject to change or withdrawal without notice.



Santa Monica Media District

The Santa Monica Media District is a submarket featuring one of the densest tenant rosters of top tech, media, and production companies.

A major factor for the cultivation of this area is the inspiring, ener-getic, and diverse areas that are found near shops, restaurants,and outdoor spaces, which provide easy access to parking and trans-portation.

Amazon Studios

SUBJECT PROPERTIES

CBS

AMC

Redbull

StarzLionsgate

Viacom

Edmunds

Headspace

Hulu

Dick Clark Productions

Goop

WeWorkOracle

RPA

Kite Pharma

©2019 Industry Partners, Inc. | All images and information contained in this brochure are based on the latest information available at the time of publication, and may not represent finished property conditions. No warranty or represen-tation is made to the accuracy of the foregoing information. Terms of lease or sale are subject to change or withdrawal without notice.

NEIGHBORHOOD TENANTS


FOR LEASE RETAIL 2419-2421 MICHIGAN AVE SANTA MONICA CA 90404 IN THE PRESS

MIDWESTERN CUISINE SHINES AT JEREMY FOX’S NEW SANTA MONICA RESTAURANT

Birdie G’s, one of the city’s most antici-pated new places, comes to Santa Monica before the end of June

Jeremy Fox’s ambitious new restaurant Birdie G’s shows there’s a lot of pride in having Midwestern roots. The Santa Mon-ica arrival, now open, comes from a love of all things California, but speaks to the heart and soul of places like Ohio. Fox’s inspiration for Birdie G’s — a name that references not only his young daughter but his grandmother Gladys — came from a desire to meld his Midwestern food roots with the seasonality and uniqueness of California produce. It’s a clear departure from his work at Rustic Canyon, which just earned a Michelin star this week.

The 5,000 square foot Montalba Archi-tects-designed restaurant balances indus-trial overtones to delicate details, from a soaring steel-beamed ceiling and brushed cement floors to a vintage former factory cart from Cleveland doubling as a creden-za. Dark blue cloth banquettes line one wall, and walnut tables and chairs fill out the main dining area. There is also a 12-seat chef’s table, a 42-seat patio out front looking into the breezeway that doubles as the entrance, and a 30-seat private dining room in the back.

—Eater LA. June 2019



Expo Line

Expo Line reached 2030 ridership expectations of 64,000 daily riders in 2017

The Expo Line Travels 15.1 miles from DTLA to Downtown Santa Monica in only 46 minutes. That’s 20-40 minutes less than driving during rush hour

Expo Line Extension was com-pleted in 2016 (6.6 miles/7 new stations) with a $1.5 billion invest-ment

Crenshaw Line is expected to be completed by October, 2019. The Exposition/Crenshaw Station will provide for transfer to the Expo Line

NEW 8.5 MI CRENSHAW LINEEXPOSITION-LAX$2 BILLION INVESTMENTUNDER CONSTRUCTION

2419 MICHIGAN AVE

DTLA Metro 44min / 16 Stops

Downtown Culver City Metro 14 min / 5 Stops

Staples CenterMetro 41min / 15 Stops

Natural History MuseumMetro 29min / 11 Stops

Downtown Santa Monica Metro 5 min / 2 Stops

LAXDrive 20-40 min

TRANSIT


FOR LEASE RETAIL 2419-2421 MICHIGAN AVE SANTA MONICA CA 90404 ADJACENT DEVELOPMENT

BERGAMOT STATION ART CENTER

Owned by the City of Santa Monica, the Bergamot Station Art Center (BSAC) will undergo a redevelopment meant to better serve the riders off the nearby Expo Line station and to draw more visitors to the art complex. After an RFP process, the City Council selected a team lead by Worthe RE Group in September 2014.

Plans are currently under conceptual review, but components of the plan include improved arts facilities, dining, outdoor spaces for activation and leisure, and more.

Here are early conceptual images of the project, submitted by architectural group Rios Clementi Hale in 2014.


FOR LEASE RETAIL 2419-2421 MICHIGAN AVE SANTA MONICA CA 90404 ADJACENT DEVELOPMENT

SANTA MONICA CITY YARDS CONSTRUCTION TO START JULY 2019

The City seeks to redesign the area known at the City Yards at 2500 Michigan Avenue in order to modernize the aging facility. On July 28, 2015, Council approved a Professional Services Agreement with Hathaway Dinwiddie Construction Company (HDCC) and Miller Hull Partnership to provide a feasibility analysis of the proposed site, cost estimates and concept design services. The team will recommend strategies for building upon the site in conjunction with the concept designs.

The City Yards is a 14.7-acre site owned and operated by the City of Santa Monica and located at 2500 Michigan Avenue, near the intersection of 24th Street and Michigan Avenue. The City took ownership of the site in the late 1940s. The property has been used as a base for the City’s maintenance operations, storage facilities, and other industrial uses. Currently, a majority of the City’s field maintenance operations are located at the City Yards in 16 buildings and structures of various ages and conditions.

2419—2421 michigan ave santa monica · feasibility analysis of the proposed site, cost estimates...

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