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Garden Grove Shopping Center 12431-12491 Valley View St 5,000 - 22,633 SF of Retail Space Available in Garden Grove, CA 92845



HIGHLIGHTS
- 22,633 SF Former Rite Aid With Potential to Demise
- Close proximity to Hwy 22 and 405 Freeways
- Abundant parking in sprawling onsite lot
- Over 123 ft of frontage on Valley View
- Located at a high traffic signalized intersection
- Convenient access to both 22 and 405 Freeways
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,000-22,633 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
12491 Valley View St - 1st Floor
22,633 SF former Rite Aid location is massive retail center on bustling Valley View St
- Highly Desirable End Cap Space
- Central Air Conditioning
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 22,633 SF | Center Properties | 6 |
| Min. Divisible | 5,000 SF | Gross Leasable Area | 150,605 SF |
| Center Type | Neighborhood Center | Total Land Area | 9.07 AC |
| Parking | 194 Spaces | Year Built | 1970 |
| Stores | 6 |
| Total Space Available | 22,633 SF |
| Min. Divisible | 5,000 SF |
| Center Type | Neighborhood Center |
| Parking | 194 Spaces |
| Stores | 6 |
| Center Properties | 6 |
| Gross Leasable Area | 150,605 SF |
| Total Land Area | 9.07 AC |
| Year Built | 1970 |
ABOUT THE PROPERTY
Spanning 22,633 SF, this former Rite Aid location commands 123 feet of frontage on heavily trafficked Valley View Street in prime Garden Grove. The end-cap unit is suitable as a grocery anchor, outlet for soft goods sales, or for medical services, with the potential to demise the space expanding possible use-types. Existing amenities afforded by the prior chain store tenant include loading access, ample electrical power, and prominent storefront signage. Expansive onsite lot ensures abundant parking for consumers and staff. Situated on a high traffic, signalized intersection, the property enjoys exceptional visibility and entry points from three surrounding streets. Freeway close, the site offers convenient access to the nearby 22 and 405 freeways. The Garden Grove community supporting the property boasts dense population demographics, providing a strong, consistent consumer base.
NEARBY MAJOR RETAILERS
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Garden Grove Shopping Center | 12431-12491 Valley View St
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