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Monrovia Commons 242-252 W Foothill Blvd 3,250 SF of Office/Retail Space Available in Monrovia, CA 91016
HIGHLIGHTS
- HIGH PROFILE END CAP OPPORTUNITY IDEAL FOR MEDICAL/DENTAL, RESTAURANT OR SERVICE RETAIL
- The subject property is a couple of blocks away from Old Town Monrovia and sits along a highly travelled throughfare.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 252 | 3,250 SF | Negotiable | $50.25 CAD/SF/YR $4.19 CAD/SF/MO $163,323 CAD/YR $13,610 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 252
- Lease rate does not include utilities, property expenses or building services
- Fits 9 - 26 People
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 MONROVIA COMMONS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Lynn Szeto OD Inc
- Optical
- 1
- -
- Monrovia Optometry
- Optical
- 1
- -
- Quach, Linh M. Od
- Health Care and Social Assistance
- 1
- -
- Rainriver Nails
- Salon/Barber/Spa
- 1
- -
- Susan Meechan Realtor
- Real Estate
- 1
- -
- Vicky Hansen
- Public Administration
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Lynn Szeto OD Inc | Optical | 1 | - |
| Monrovia Optometry | Optical | 1 | - |
| Quach, Linh M. Od | Health Care and Social Assistance | 1 | - |
| Rainriver Nails | Salon/Barber/Spa | 1 | - |
| Susan Meechan Realtor | Real Estate | 1 | - |
| Vicky Hansen | Public Administration | 1 | - |
PROPERTY FACTS
| Total Space Available | 3,250 SF | Gross Leasable Area | 9,200 SF |
| Property Type | Retail | Year Built | 2005 |
| Property Subtype | Storefront | Parking Ratio | 5/1,000 SF |
| Total Space Available | 3,250 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 9,200 SF |
| Year Built | 2005 |
| Parking Ratio | 5/1,000 SF |
ABOUT THE PROPERTY
Lee & Associates Pasadena is proud to present a leasing opportunity at the Monrovia Commons, a ±9,200 square foot shopping center along the Foothill Corridor bordering North Monrovia. The property resides at a signalized intersection and enjoys a high parking ratio of approximately 5 parking spaces per 1,000 square feet. Presently, the most prominent end cap of ±3,250 square feet is available immediately which was formerly occupied by U.S. Bank. The space is perfect for specialty medical/dental, service retail or restaurant operators.
- Bus Line
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Monrovia Commons | 242-252 W Foothill Blvd
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