Santa Monica, CA Commercial Real Estate for Lease and Sale
Explore 214 listing(s) of commercial real estate in Santa Monica, CA to find the best space for your business.
Here is a rundown of the primary commercial real estate property types currently available in Santa Monica:
The average rent for commercial real estate in Santa Monica is $51.88 per square foot. However, specific rates may vary widely by property type, class and quality. The cheapest commercial space in Santa Monica costs $30, while the city’s premium locations ask up to $300.
Here is a breakdown of the average size of different property classes (also known as asset class or property type):
The best area for commercial real estate in Santa Monica will depend greatly on your needs. The neighborhood with the largest overall number of commercial listings is Mid-City Santa Monica, home to no fewer than 170 listings for space of all types. If you're looking for office space, Mid-City Santa Monica has the highest concentration of office listings at 136.
Meanwhile, Pico has the highest number of industrial availabilities (1), while Downtown Santa Monica boasts the largest number of retail listings in the city (35).
CommercialCafe’s CRE offering in Santa Monica is enabled by a network of 127 active brokers from 51 different firms, ensuring a wide variety of listings. Working with an experienced professional can make a real difference. Learn more about the benefits of working with a broker.
To get in touch with a broker, use the "Contact Property" button on this search page or fill in the contact form provided on each individual property’s listing page.
The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself, local market conditions, the state of the local economy and the demand for that particular type of commercial property, to name a few.
Asking rents in the city can be as high as $300 per square foot. In particular, the property type commanding the highest lease rates in Santa Monica is Retail space.
The average size of a commercial property here stands at 58,327. However, different asset classes and zoning laws will result in vastly different property sizes.
Here is a breakdown of the average size of different commercial asset classes in Santa Monica:
Office properties:
| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 119 | 1,419,377 |
| Retail | 62 | 322,456 |
| Industrial | 4 | 20,087 |
| Other | 3 | 58,327 |
| Property Type | Count of Listings | Total Sq. Ft. |
|---|---|---|
| Office | 9 | 147,565 |
| Retail | 11 | 92,998 |
| Industrial | 1 | 4,000 |
| Other | 7 | 37,991 |
The city of Santa Monica is known as “Silicon Beach.” It has a robust and versatile local economy governed by the creative and technology industries. Santa Monica’s ideal oceanside location and its close proximity to Los Angeles — to which it is connected via Interstate 10 — have greatly contributed to the city’s rapid, tech-driven development.
Besides the tech sector, major employers in the city are in the healthcare and government sectors.
The city is also home to hundreds of venture capital-funded startup companies. For example, Activision Blizzard — one of the largest game companies in the Americas and Europe, which is also on the Fortune 500 list — is headquartered in Santa Monica. Other successful companies that started out in Santa Monica include Hulu, Lionsgate Films, Otter Media, Fatburger, The Beachbody Company and the RAND Corporation.
