1705 Ocean Ave — Lease in Santa Monica, CA

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Santa Monica, CA 90401

Description

Positioned along one of Southern California’s most iconic coastal corridors, 1705 Ocean Avenue offers a rare opportunity to secure premium food and beverage space in the heart of Santa Monica. This premier property features two distinct, second-generation restaurant spaces, presenting an incoming operator with a turn-key advantage to launch quickly in an extremely high-barrier-to-entry market. Both spaces come fully fixtured with essential heavy infrastructure, allowing a seamless transition and significantly reducing upfront capital expenditure and construction timelines.

Market Context

This retail in Santa Monica, CA is listed for lease. Compare it against other retail listings for lease in Santa Monica, CA — view the full market.

As of Q2 2026, the Greater Los Angeles retail market showed a 5.6% vacancy rate, and average asking rents near $34.14/SF/yr. Source: multiple brokerage reports, Q2 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Greater Los Angeles retail market tightening or softening?
Vacancy is around 5.6% (Q2 2026).

Estimated Market Rate

$2.13/SF/mo – $2.89/SF/mo

Mid: $2.51/SF/mo

First seen on CREHunt: Sep 27, 2026

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