Marc Perlof Group of Keller Williams Commercial Santa Monica is exclusively pleased to present 1424 Santa Monica Boulevard in Santa Monica, CA currently occupied by The Hertz Corporation with a lease that expires May 21, 2022 with no additional options.
1424 Santa Monica Boulevard is an approximately 3,116 square foot building on approximately 7,500 square feet of land.
The subject property is mid-block with about 10 on-site parking spaces in the rear of the property, a parking ratio of 3.20:1,000 square feet. The property is located on the South side of Santa Monica Boulevard between 14th Street and 15th Street. Santa Monica Boulevard is one of the major thoroughfares in Santa Monica and Los Angeles. It extends from the Beach to East Hollywood.
The subject property will allow an Owner User to occupy the whole building or an Investor can add-value through lease up of the space once the current tenant vacates.