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Midway Plaza 10412-10646 Lower Azusa Rd 1,250 - 4,689 SF of Space Available in El Monte, CA 91731
HIGHLIGHTS
- Excellent Location
- Newly Renovated
- Ample Parking
- High desirable Area.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10412-10416 | 1,790 SF | Negotiable | $41.86 CAD/SF/YR $3.49 CAD/SF/MO $74,922 CAD/YR $6,244 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 10516 Lower Azusa | 1,649 SF | Negotiable | $50.23 CAD/SF/YR $4.19 CAD/SF/MO $82,825 CAD/YR $6,902 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 10642-A | 1,250 SF | 1-10 Years | $41.86 CAD/SF/YR $3.49 CAD/SF/MO $52,320 CAD/YR $4,360 CAD/MO | Triple Net (NNN) |
10412-10428 Lower Azusa Rd - 1st Floor - Ste 10412-10416
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
- 1 Private Office
- Space is in Excellent Condition
10502-10632 Lower Azusa Rd - 1st Floor - Ste 10516 Lower Azusa
The unit is centrally located within an inline building of the shopping center, and is currently built out as a podiatric medical office. It features a complete medical layout, making it ideal for continued use as a clinic. However, the space is also highly versatile and can be easily converted for most retail or restaurant uses
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Fully Carpeted
- Center location within the shopping center.
10642 Lower Azusa Rd - 1st Floor - Ste 10642-A
This unit is currently operating as a shipping and mailbox service center, fully built-out, wood flooring throughout. Two separate entrances, offering flexibility and functionality. The layout makes it easy to convert into two separate units.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT MIDWAY PLAZA
- Action Lane Bowling
- Bank of America
- Evermost Health Management
PROPERTY FACTS
| Total Space Available | 4,689 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 116,297 SF |
| Parking | 500 Spaces | Total Land Area | 7.64 AC |
| Center Properties | 3 | Year Built | 1954 |
| Total Space Available | 4,689 SF |
| Center Type | Neighborhood Center |
| Parking | 500 Spaces |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 116,297 SF |
| Total Land Area | 7.64 AC |
| Year Built | 1954 |
ABOUT THE PROPERTY
This Midway Plaza shopping center is centrally located in the heart of the San Gabriel Valley area, specifically in the north El Monte neighborhood. The plaza underwent a comprehensive renovation in 1998 and is currently anchored by notable tenants, including Bank of America, Sunny Day adult day care center, Action Lane Bowling center, and the Korean BBQ restaurant, among others. The plaza offers ample parking spaces and is impressively at 98% occupancy, with one unit currently available for lease. The plaza situated at the northern border of El Monte, neighboring Arcadia, Temple City, San Gabriel, and Rosemead, it enjoys a prime location in a high-traffic, high to mid-income and densely populated area.
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Midway Plaza | 10412-10646 Lower Azusa Rd
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