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Melrose Building 1347-1349 Pacific Ave 704 - 5,840 SF of Space Available in Santa Cruz, CA 95060
Highlights
- On Pacific Avenue in downtown Santa Cruz — surrounded by shops, restaurants.
- Situated in the vibrant heart of downtown Santa Cruz, the Melrose Building offers exceptional visibility, foot traffic, and character
- Versatile retail/office suites from 704 to over 5,000 SF with street-facing windows, high ceilings, and modern infrastructure
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1348 Commerce Lane | 704 SF | 12’ | Negotiable | $20.38 CAD/SF/YR $1.70 CAD/SF/MO $14,351 CAD/YR $1,196 CAD/MO | Triple Net (NNN) | |
| 2nd Floor, Ste 201 | 5,136 SF | 8’ | Negotiable | $31.80 CAD/SF/YR $2.65 CAD/SF/MO $163,328 CAD/YR $13,611 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1348 Commerce Lane
Open office or retail space facing Commerce Lane and Parking Garage with wet bar. Broker Cooperation
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Open Floor Plan Layout
- Fits 2 - 6 People
- Finished Ceilings: 12’
- Space is in Excellent Condition
- Central Air Conditioning
- Fully Carpeted
- Closed Circuit Television Monitoring (CCTV)
- High Ceilings
- Drop Ceilings
- Emergency Lighting
- Natural Light
- Display Window
- melrosebuilding.com
2nd Floor, Ste 201
Newly renovated open office space with kitchen, 2 conference rooms, 2 balconies and fully furnished. 200+ Parking Garage at rear of property. Secure entry doors.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Fits 10 - 35 People
- 4 Private Offices
- 2 Conference Rooms
- 20 Workstations
- Finished Ceilings: 8’
- Space is in Excellent Condition
- Central Air Conditioning
- Elevator Access
- Balcony
- Fully Carpeted
- Security System
- Closed Circuit Television Monitoring (CCTV)
- Drop Ceilings
- Natural Light
- Emergency Lighting
- Open-Plan
- Wheelchair Accessible
- melrosebuilding.com
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 Melrose Building
- Tenant
- Description
- US Locations
- Reach
- Nicely Antiques and Art
- Retailer
- -
- -
- Paper Vision
- -
- -
- -
| Tenant | Description | US Locations | Reach |
| Nicely Antiques and Art | Retailer | - | - |
| Paper Vision | - | - | - |
Property Facts
| Total Space Available | 5,840 SF | Gross Leasable Area | 10,319 SF |
| Property Type | Retail | Year Built/Renovated | 1991/2026 |
| Property Subtype | Storefront |
| Total Space Available | 5,840 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 10,319 SF |
| Year Built/Renovated | 1991/2026 |
Nearby Major Retailers
Presented by
Monica Melrose Separate Property Trust, 6/6/2018
Melrose Building | 1347-1349 Pacific Ave
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