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153 E 5th Ave 845 SF of Office/Retail Space Available in San Mateo, CA 94401
HIGHLIGHTS
- Excellent location in the heart of Downtown San Mateo
- High visibility in a vibrant downtown setting, High pedestrian foot traffic, prominent signage opportunities
- Easy access to El Camino Real, major highways and BART (Bay Area Rapid Transit) and major transportation hubs
- Across the street from Central Park and Japanese Garden
- Walker’s Paradise, fantastic 99 WalkScore® close to everything, Walk to Caltrain
- Close to plenty of public parking, Tennis Court Parking Garage, Kiku Public Parking Garage, (27) Level 2 chargers, also close to Fifth & B St. Parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 153 | 845 SF | Negotiable | $72.87 CAD/SF/YR $6.07 CAD/SF/MO $61,573 CAD/YR $5,131 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 153
845 square foot office/retail space with a mostly open floor plan available
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- 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.
PROPERTY FACTS
| Total Space Available | 845 SF | Gross Leasable Area | 3,500 SF |
| Property Type | Retail | Year Built | 1949 |
| Property Subtype | Storefront |
| Total Space Available | 845 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,500 SF |
| Year Built | 1949 |
ABOUT THE PROPERTY
NNN costs approximately ±$0.80 PSF/MO Prime commercial lease opportunity in Downtown San Mateo, fantastic location across from Central Park! Approximately ±845 square feet of space, office/retail/personal services, currently built out as a hair salon. High visibility in a vibrant downtown setting with high pedestrian foot traffic and prominent signage opportunities. An impressive 99 WalkScore, this location in Downtown San Mateo has something for everyone. Walking distance to quaint boutique shopping, trendy cafes, entertainment and amenities. A host of lively restaurants offering a blend of culture, cuisine, and community, an established and growing culinary scene with award winning dining and local favorites. Close proximity to endless dining and Michelin-starred restaurants, boutique shopping, Transit oriented location, convenient access to public transportation. Easy access to Caltrain (6 blocks away), SamTrans bus service, BART (Bay Area Rapid Transit) and the San Francisco International Airport (SFO), all within minutes of Downtown San Mateo. Located in the heart of the Bay Area, Downtown San Mateo is in a strategic location and currently undergoing an exciting transformation with new opportunities! Position your business in a neighborhood that's not only immersed in history but also embracing a future of growth and prosperity. Interested parties to verify their business type with the City of San Mateo Planning Department, All information deemed accurate but not guaranteed, subject to change at any time, Broker/Agent does not assume legal responsibility for omissions or errors.
- Signage
NEARBY MAJOR RETAILERS
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153 E 5th Ave
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