Lee ISG

Apr 15, 20191 min

Investment Opportunity: Santa Monica Commercial Portfolio

Well-located on Pico Boulevard just east of Lincoln and one block south of

the I-10 Freeway, this highly visible mixed-use commercial property is 100%

leased. Both residential and ground floor retail rents are below market with a

projected upside of 14.3%.

The property is near busy national credit tenants such as Walgreens, Starbucks,

Fatburger, and Sherwin-Williams Paint as well as popular local brands like

Sweet Rose Creamery and Red Rooster Bakery.

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