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HIGHLIGHTS
- Great visibility and signage at signalized intersection
- Close proximity to multiple schools and community centers
- Strong Average Household Income of $93,000
- Multiple points of ingress and egress
- Terrific Population Density: 25,600 within 1 mile and 532,000 within 5 miles
- Less that 1 mile from the Santa Fe Dam Recreation Area (±1MM annual visitors)
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,084 SF | Negotiable | $24.89 CAD/SF/YR $2.07 CAD/SF/MO $201,170 CAD/YR $16,764 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Space In Need of Renovation
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 | 8,084 SF | Gross Leasable Area | 8,084 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Freestanding | Parking Ratio | 1.36/1,000 SF |
| Total Space Available | 8,084 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 8,084 SF |
| Year Built | 1950 |
| Parking Ratio | 1.36/1,000 SF |
ABOUT THE PROPERTY
Graystone Capital Advisors is pleased to present for lease 4753 Maine Ave, an 8,084 SF freestanding retail building situated on a 0.33 acre lot located in Baldwin Park, CA. The former neighborhood market boasts terrific visibility and signage at the intersection of Olive St and Maine Ave. The trade area boasts terrific demographics, with a population of 532,000 people and an average household income of $93,000 in a 5 mile radius. In addition, the area attracts thousands of consumers every day with a number of schools and national retailers in the immediate 1 mile trade area, including Superior Grocers, CVS, Family Dollar, Esther Snyder Community Center, and Chamberlain University. Furthermore, the property is less than 1 mile from the Santa Fe Dam Recreation Area with ±1MM annual visitors and within 2 miles of the Irwindale Speedway and City of Hope Medical Center.
NEARBY MAJOR RETAILERS
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4753 Maine Ave
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