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2700 Lincoln Blvd 9,828 SF of Retail Space Available in Santa Monica, CA 90405
HIGHLIGHTS
- Traffic counts - approximately 90,000 Cars Per Day (CPD)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 2700-2720 Lincoln Bl | 9,828 SF | Negotiable | $115.73 CAD/SF/YR $9.64 CAD/SF/MO $1,137,388 CAD/YR $94,782 CAD/MO | Triple Net (NNN) |
Ground, Ste 2700-2720 Lincoln Bl
Prior Enterprise car rental office comes with private bathroom. Three (3) drive through oil & lube bays are connected to the standalone building (approximately 400 square foot basement). Master Lease opportunity for all 9,828 square feet of existing auto repair bays. Northern half of auto center are tandem depth bays. Southern half are single depth bays. Approximately 4,000-6,000 square feet of center could be a demiseable portion. The landlord would master lease the entire 9,828 square feet of improvements, for $7.00/square foot, However, there may be the potential to master lease +/- 4,000-6,000 square feet, for a higher rent structure.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Private Restrooms
- Corner Space
- Basement
- Common Parts WC Facilities
- Drive Thru
- Corner of Lincoln Blvd. & Raymond Ave. & Hill St.
- Auto center has approximately 260 feet of frontage
- Reserved parking available
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 | 9,828 SF | Gross Leasable Area | 9,828 SF |
| Property Type | Retail | Year Built | 1969 |
| Property Subtype | Auto Repair |
| Total Space Available | 9,828 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 9,828 SF |
| Year Built | 1969 |
ABOUT THE PROPERTY
Grandfathered auto repair use.
- Bus Line
- Corner Lot
- Signage
- Monument Signage
NEARBY MAJOR RETAILERS
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2700 Lincoln Blvd
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