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HIGHLIGHTS
- Come join new tenants Target, Grocery Outlet, Dollar Tree and WSS at the same corner!
- Busy signalized intersection of PCH and Narbonne (est. at 78,000 cars per day)
- Excellent demographics with spendable income
- Former bank space
- Located within one mile of Palos Verdes Peninsula Cities and Torrance
- Ample parking: 41 spaces
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 3,710 SF | Negotiable | $41.88 CAD/SF/YR $3.49 CAD/SF/MO $155,366 CAD/YR $12,947 CAD/MO | Triple Net (NNN) |
1st Floor, Ste A
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Space is in Excellent Condition
- Central Air Conditioning
- Corner 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.
PROPERTY FACTS
| Total Space Available | 3,710 SF | Year Built/Renovated | 1958/2014 |
| Property Type | Retail | Parking Ratio | 3.44/1,000 SF |
| Property Subtype | Storefront Retail/Office | Cross Streets | Narbonne |
| Gross Leasable Area | 11,928 SF |
| Total Space Available | 3,710 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 11,928 SF |
| Year Built/Renovated | 1958/2014 |
| Parking Ratio | 3.44/1,000 SF |
| Cross Streets | Narbonne |
ABOUT THE PROPERTY
Location! Location! Location! situated at signalized corner of Pacific Coast Highway and Narbonne two major thoroughfares in Lomita, free standing retail building with great exposure. Total building size is +/- 11,927 SF divisible into two spaces, tip of the corner unit is 3,170 SF and the other one is 8,218 SF (8,218 SF space recently leased to a pet store) with excellent street frontage on Pacific Coast Highway; and high visibility on PCH. Building was totally remodeled in 2014 and it has recently been painted and upgraded landscaping and with plenty of on site parking. Building presents a fantastic opportunity for a single user or a business to establish itself in a well appointed spot with growth opportunity. Property is located at the signalized intersection of Pacific Coast Highway and Narbonne - very high traffic (est count 78,000 cars per day). Directly across from new national tenants including Target, Grocery Outlet, Dollar Tree and WSS Shoe store (which all opened within the last 1.5 years), minutes away from Rolling Hills Plaza and many other retail and office buildings; this vibrant location is strategically situated within a mile of the high income areas of Rolling Hills, Palos Verdes Penisula Cities, City of Torrance and other beach cities.
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
2201-2217 Pacific Coast Hwy
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