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Rite Aid 15025 Olympic Dr 17,334 SF of Retail Space Available in Clearlake, CA 95422
HIGHLIGHTS
- ±17,334 sq. ft. freestanding building for sale or lease
- Located on the SEC of Olympic & Old Hwy 53
- Drive Thru available
- 2.32 Acres on 2 parcels (039-501-240 & 039-501-010)
- Good parking and visibility
- Excellent building signage
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 17,334 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
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 RITE AID
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Rite Aid
- Drug Store
- -
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Rite Aid | Drug Store | - | National |
PROPERTY FACTS
| Total Space Available | 17,334 SF | Gross Leasable Area | 17,334 SF |
| Property Type | Retail | Year Built | 2008 |
| Property Subtype | Drug Store |
| Total Space Available | 17,334 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 17,334 SF |
| Year Built | 2008 |
ABOUT THE PROPERTY
15025 Olympic Drive is well-located within the Clearlake retail trade area in the neighborhood-oriented sector in Northern Clearlake. It sits at the SEC Olympic & Old Hwy 53 in a freestanding building with good parking, visibility and a traditional drug store drive through lane. Safeway, Grocery Outlet and Dollar Tree are located at the same intersection and drive local traffic to the intersection. The regional retail cluster of Walmart, Tractor Supply, Big 5 is located approximately 3 miles south on Hwy 53. Clearlake is the largest city (approx. 17,000 residents) within the Lake County trade area (approx. 70,000 residents) and is the main retail/ medical hub for the county.
NEARBY MAJOR RETAILERS
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Rite Aid | 15025 Olympic Dr
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