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Centrally Located Retail/Service Commercial 1650 Martin Luther King Jr Way 2,000 SF of Retail Space Available in Berkeley, CA 94709
HIGHLIGHTS
- High traffic location with 50' of street frontage on busy MLK Jr. Way
- Recently renovated interior with wonderful natural light
- Easy street parking. Centrally located. Short walk to UC Berkeley campus
- Approved for fitness, martial arts, and exercise – no yoga
- Lovely architectural detail including bay windows, wainscoting, nice wood moldings, trim, and finishes
- Near Central Business District, just 4 blocks to North Shattuck retail corridor, and 4 blocks to North Berkeley BART
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1650 | 2,000 SF | Negotiable | $54.44 CAD/SF/YR $4.54 CAD/SF/MO $108,882 CAD/YR $9,073 CAD/MO | Industrial Gross |
1st Floor, Ste 1650
Corner ground floor retail or service commercial space in North Berkeley corner building. High traffic location with 50' of street frontage on busy MLK Jr. Way. Recently renovated interior with wonderful natural light. Approved for fitness, martial arts, and exercise – no yoga. Ample open space. Lovely architectural detail including bay windows, wainscoting, nice wood moldings, trim, and finishes. Easy street parking. Centrally located. Short walk to UC Berkeley campus with over 66,000 daily population. 1/3 mile northwest of the Central Business District and just 4 blocks west of the North Shattuck retail corridor. 4 blocks to North Berkeley BART. Close to Walnut Square shops with the original Peet’s Coffee, The Walk Shop, Bryn Walker, A Priori, Dimples, and Healthy Spot Pet Store. Popular nearby eateries include FatApple’s, Crepevine, Saul’s Delicatessen, Via del Corso, Chez Panisse, Cheeseboard Collective, Cupcakin‘ Bakeshop, and Barney’s Gourmet Hamburgers. Near weekly Farmer’s Market (every Thursday). Amid exceptional arts and cultural activities, strong commercial/financial core, outstanding education and resources.
- Listed rate may not include certain utilities, building services and property expenses
- 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 | 2,000 SF | Gross Leasable Area | 6,852 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,852 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
Corner ground floor retail or service commercial space in North Berkeley corner building. High traffic location with 50' of street frontage on busy MLK Jr. Way. Recently renovated interior with wonderful natural light. Approved for fitness, martial arts, and exercise – no yoga. Ample open space. Lovely architectural detail including bay windows, wainscoting, nice wood moldings, trim, and finishes. Easy street parking. Centrally located. Short walk to UC Berkeley campus with over 66,000 daily population. 1/3 mile northwest of the Central Business District and just 4 blocks west of the North Shattuck retail corridor. 4 blocks to North Berkeley BART. Close to Walnut Square shops with the original Peet’s Coffee, The Walk Shop, Bryn Walker, A Priori, Dimples, and Healthy Spot Pet Store. Popular nearby eateries include FatApple’s, Crepevine, Saul’s Delicatessen, Via del Corso, Chez Panisse, Cheeseboard Collective, Cupcakin‘ Bakeshop, and Barney’s Gourmet Hamburgers. Near weekly Farmer’s Market (every Thursday). Amid exceptional arts and cultural activities, strong commercial/financial core, outstanding education and resources.
- Bus Line
- Corner Lot
- Skylights
NEARBY MAJOR RETAILERS
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Centrally Located Retail/Service Commercial | 1650 Martin Luther King Jr Way
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