Lantana Media Campus - South 1 & South 2 Buildings

Off-Market

3003 Exposition Blvd, Santa Monica, CA 90404

This property is off-market. Unlock in-depth property data and market insights by signing up to CommercialEdge.

  • Property Type Office - General Office
  • Property Size 200,033 SF
  • Lot Size 2.09 Acre
  • Parking Spaces Avail. 798
  • Parking Ratio 3.99 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • LEED Certified Gold
  • Building Class A
  • Year Built 2000

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Brokers

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Documents

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Sales

  • Purchase Date 04 Oct, 2019
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Mortgages

  • Current Lender
  • Loan Amount
  • Loan Origination Date
  • Loan Maturity Date

Market Trends

Average Actual Rents in Santa Monica

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Santa Monica Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2021 Avg. Asking Rent $66.24
  • 2021 Office Vacancy Rate 16.74%
  • 2021 Office Completions (SF)

Santa Monica Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2021 Avg. Price per SF $731.03
  • 2021 Office Sales Volume $60.1M
  • 2021 Number of Transactions 3
View more Santa Monica market trends

Location

Getting Around

  • Walk Score ®

    76/100 Very Walkable
  • Transit Score ®

    57/100 Good Transit
  • Bike Score ®

    92/100 Biker's Paradise
Powered by Walk Score ®
  • City Santa Monica, CA
  • Neighborhood Pico
  • Zip Code 90404
  • Market Los Angeles

Points of Interest

  • Expo/Bundy

    0.42 miles

  • 26th Street/Bergamot

    0.54 miles

  • 17th Street/Santa Monica College

    1.26 miles

  • Expo/Sepulveda

    1.53 miles

  • Westwood/Rancho Park

    2.09 miles

  • Downtown Santa Monica

    2.13 miles

  • Palms

    3.20 miles

  • Marina Beach

    3.39 miles

  • Upper Tram Station

    3.46 miles

  • Dolphin Marina

    3.60 miles

  • Chevron

    0.42 miles

  • Shell

    0.43 miles

  • Chevron

    0.63 miles

  • Shell

    0.68 miles

  • United Oil

    0.68 miles

  • 76

    0.69 miles

  • 76

    0.79 miles

  • 76

    0.83 miles

  • Shell

    1.09 miles

  • 76

    1.09 miles

  • Santa Monica Chrysler Jeep Dodge Ram

    0.77 miles

  • Lot 5 Staff Parking Only

    1.06 miles

  • Lot 3 Structure

    1.15 miles

  • Parking Structure 4

    1.16 miles

  • 17th St/SMC Metro Parking

    1.24 miles

  • SMC Airport Arts Parking

    1.28 miles

  • Bundy Overflow Lot

    1.29 miles

  • Lot 6 Parking

    1.29 miles

  • Bundy West Lot

    1.31 miles

  • Bundy East Lot

    1.33 miles

  • SureStay

    0.33 miles

  • Ocean Park Hotel

    0.74 miles

  • Days Inn

    0.77 miles

  • Comfort Inn Santa Monica - West Los Angeles

    0.81 miles

  • Pavilions Motel

    0.97 miles

  • Santa Monica academy of music

    1.14 miles

  • Wilshire Motel

    1.15 miles

  • BEST WESTERN PLUS Gateway Hotel Santa Monica

    1.15 miles

  • The Ambrose

    1.24 miles

  • Palm Motel

    1.35 miles

  • Stefan's at LA Farm

    0.09 miles

  • Viet Noodle Bar

    0.31 miles

  • Wienerschnitzel

    0.33 miles

  • Rae's Restaurant

    0.34 miles

  • Rejuice

    0.34 miles

  • The brixton

    0.35 miles

  • McDonald's

    0.36 miles

  • Jersey Mike's Subs

    0.46 miles

  • Shunji Japanese Cuisine

    0.49 miles

  • Birdie G's

    0.53 miles

  • Santa Monica Center for Media and Design

    0.45 miles

  • Edison Elementary School

    0.48 miles

  • Santa Monica Junior Academy

    0.55 miles

  • Maohr Hatorah Synagouge & Preschool

    0.55 miles

  • Stratford School

    0.69 miles

  • Grant Elementary School

    0.78 miles

  • West Los Angeles Baptist High School

    0.87 miles

  • Crossroads school

    0.89 miles

  • New West Charter School

    0.90 miles

  • Peter Boxenbaum Arts Education Center

    0.90 miles

  • Wonder Years Preschool

    1.31 miles

  • Maple Tree Academy

    1.78 miles

  • Westwood Hills Preschool

    1.87 miles

  • The Academy

    1.89 miles

  • Santa Monica Early Childhood Lab School

    2.14 miles

  • Young Minds Preschool

    2.29 miles

  • A Kid's Place

    2.39 miles

  • Palms Park Child Care Center

    2.46 miles

  • Creative Center for Children

    2.52 miles

  • A-List Montessori Preschool

    2.84 miles

Frequently Asked Questions

What is the total square footage of Lantana Media Campus - South 1 & South 2 Buildings?

Lantana Media Campus - South 1 & South 2 Buildings totals 200,033 square feet.

When was this property built?

Lantana Media Campus - South 1 & South 2 Buildings was built in 2000.

When was Lantana Media Campus - South 1 & South 2 Buildings last sold?

Lantana Media Campus - South 1 & South 2 Buildings was last sold on 04 Oct, 2019.

What is the market value for Lantana Media Campus - South 1 & South 2 Buildings?

The market value* for Lantana Media Campus - South 1 & South 2 Buildings in 2022-2023 was $221,656,760.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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