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HIGHLIGHTS
- Divisible into ±1,360 SF and ±1,243 SF
- Strong Parking Ratio | 14 Dedicated Spaces (29 Total on Site)
- Ideal for Corporate or Franchise Tenants
- Anchored by Starbucks (Now Open)
- 10–15 Year Lease Terms with Options | 3% Annual Increases
- Ownership Open to Build-to-Suit or Large TI Package
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Unit B | 1,360 SF | 10 Years | $83.76 CAD/SF/YR $6.98 CAD/SF/MO $113,907 CAD/YR $9,492 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste Unit C | 1,360 SF | 10 Years | $83.76 CAD/SF/YR $6.98 CAD/SF/MO $113,907 CAD/YR $9,492 CAD/MO | Triple Net (NNN) |
1st Floor, Ste Unit B
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1st Floor, Ste Unit C
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
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 2040 3RD ST, OROVILLE, CA 95965
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Starbucks
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Starbucks | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 2,720 SF | Gross Leasable Area | 3,970 SF |
| Property Type | Retail | Year Built | 2021 |
| Property Subtype | Freestanding | Parking Ratio | 7.3/1,000 SF |
| Total Space Available | 2,720 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 3,970 SF |
| Year Built | 2021 |
| Parking Ratio | 7.3/1,000 SF |
ABOUT THE PROPERTY
This high-visibility retail opportunity features a newly constructed building anchored by a national Starbucks, which recently opened and is drawing consistent daily traffic. Built in 2021, the ±3,970 square foot building is modern, efficient, and ideally configured for high-performing retail tenants. Starbucks occupies Suite A (±1,367 SF), leaving two prime suites available: Suite B (±1,360 SF) and Suite C (±1,243 SF), totaling ±2,735 SF of divisible space. These suites are ideal for quick-service restaurants, health/wellness users, or retail brands looking to co-tenant with a major draw. The property offers 14 dedicated parking spaces (29 total on-site), ensuring excellent accessibility for tenants and their customers. Lease terms are structured to attract long-term, credit-worthy tenants, with 10–15 year options, 3% annual escalations, and a triple-net (NNN) structure. Base rent is marketed at $5.00 PSF, with NNN estimated at $1.15 PSF. The ownership is actively seeking corporate-guaranteed or established franchise tenants and is open to Build-to-Suit opportunities or generous Tenant Improvement (TI) packages for the right users.
NEARBY MAJOR RETAILERS
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2040 3rd St
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