Parcel 44 - 4701 Admiralty Way Marina del Rey
Listing was updated at: 06/03/2019
Property Overview
Price/Rent PSF Inquire
Asset Type Retail
Trade Type Lease
SQ. FT. Available 35,000
Date Available 12/22/2017
Parking Ample
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Description

PROPERTY SUMMARY Development Size: 35,000 SF Available Space Range 1,200 - 13,000 SF Lease Rate: Call for details Uses: Retail - Restaurant -Grocery - Office Market: Marina Del Rey Sub Market: Silicon Beach Cross Streets: Mindanao & Admiralty & Bali PROPERTY OVERVIEW Parcel 44 will feature a specialty grocer located on Mindanao and a flagship West Marine store along with hand selected retailers and restaurants. The Center will be comprised of two free-standing single-tenant pads and two multi-tenant retail and restaurant buildings. The retailers will be served by abundant three surface parking lots offering free parking to customers. Delivery is scheduled for 1st quarter 2018 AREA OVERVIEW Parcel 44 is located at the intersection of the three main arteries in Marina Del Rey, Admiralty, and Mindanao and Bali Way. Mindanao is the main street feeding all of the traffic exiting the Marina (90) freeway and Admiralty is the main north-south artery serving the residential and commercial business and residences in the Marina. The Marina benefits from over $431,000,000 in tourist dollars spent in 2106 according to CBRE, This does not include the substantial disposable incomes of the Silicon Beach employees. Marina Del Rey is the dead center of the Silicon Beach business environment. Conveniently located near Santa Monica, Venice, Playa Vista,.Culver City and El Segundo, employees and residents who flock to the Marina. Not to be forgotten, Marina Del Rey is the nation's largest man-made marina with over 6,500 boat slips in 23 locations. PROPERTY HIGHLIGHTS • Specialty Grocer & Flagship West Marina as Anchors • Easy and Abundant Free Parking • Located across cadi corner Caruso's Waterside Center with sales exceeding $2,000 PSF for some tenants • Gargantuan Barriers to entry. Entitlements took over 10 years • Site caters to the affluent Silicon Beach demographics, tourists, and locals

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