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.