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1215-1227 El Prado Ave 1,063 - 4,680 SF of Space Available in Torrance, CA 90501
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1215 | 1,118 SF | 5-10 Years | $4.89 CAD/SF/YR $0.41 CAD/SF/MO $5,462 CAD/YR $455.19 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1221 | 1,063 SF | Negotiable | $5.23 CAD/SF/YR $0.44 CAD/SF/MO $5,564 CAD/YR $463.71 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1227 | 2,499 SF | Negotiable | $71.19 CAD/SF/YR $5.93 CAD/SF/MO $177,909 CAD/YR $14,826 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1215
- Lease rate does not include utilities, property expenses or building services
- Fits 3 - 9 People
- Space is in Excellent Condition
1st Floor, Ste 1221
Size: 1063sf Type: Office/Retail/Light Food Rent: $3.75/sf NNN In-line storefront retail with restroom signage
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fits 3 - 9 People
1st Floor, Ste 1227
Size: 2499sf Type: Endcap 2nd Generation Restaurant CUP for alcohol Rent: $4.25/sf mo NNN Available: 30-days notice Contact broker for showings
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Anchor Space
- Freezer Space
- Corner Space
- Ventilation - Venting
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.
PROPERTY FACTS
| Total Space Available | 4,680 SF | Gross Leasable Area | 20,051 SF |
| Property Type | Retail | Year Built | 1927 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 4,680 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 20,051 SF |
| Year Built | 1927 |
ABOUT THE PROPERTY
Size: 2499sf Type: 2nd Generation Restaurant with patio CUP: Beer & Wine Rent: Contact Broker Available: 30-days notice *Do not disrupt tenant
NEARBY MAJOR RETAILERS
Presented by
Legacy Commercial Real Estate
1215-1227 El Prado Ave
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