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482 Alvarado St 482 Alvarado St 350 - 1,506 SF of Space Available in Monterey, CA 93940
HIGHLIGHTS
- Main Street Fronting Retail 1200 SF
- Huige display windows - rare to find retail on Alvarado this size
- Interior retail and office space also available, even a kiosk, from 300 SF to 1800.
- Retail space Near Supercuts, Revival Ice cream, Rosines, Ad Astra Bakery and Papa Chanos
- Parking available, Can be expanded - Building under new ownership and will be updated
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste C/D | 350 SF | Negotiable | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $11,726 CAD/YR $977.14 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor | 459 SF | Negotiable | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $15,377 CAD/YR $1,281 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste Loft C | 697 SF | Negotiable | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $23,351 CAD/YR $1,946 CAD/MO | Triple Net (NNN) |
1st Floor, Ste C/D
- Lease rate does not include utilities, property expenses or building services
2nd Floor
- Lease rate does not include utilities, property expenses or building services
2nd Floor, Ste Loft C
- Lease rate does not include utilities, property expenses or building services
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 482 ALVARADO ST
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Diallo, Brushira
- Public Administration
- 1
- -
- Innovation Prosthodontics Lab
- Health Care and Social Assistance
- 1
- -
- Monterey Imports
- Wholesaler
- 1
- -
- Twisted Roots
- Public Administration
- 1
- -
- Wellness Therapy Massage
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Diallo, Brushira | Public Administration | 1 | - |
| Innovation Prosthodontics Lab | Health Care and Social Assistance | 1 | - |
| Monterey Imports | Wholesaler | 1 | - |
| Twisted Roots | Public Administration | 1 | - |
| Wellness Therapy Massage | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,506 SF | Gross Leasable Area | 9,828 SF |
| Property Type | Retail | Year Built | 1941 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.71/1,000 SF |
| Total Space Available | 1,506 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,828 SF |
| Year Built | 1941 |
| Parking Ratio | 0.71/1,000 SF |
ABOUT THE PROPERTY
Retail and/or office spaces available on Alvarado Street with large display windows in downtown Monterey. Building under new ownership. Tenant mix and look being updated. Retail space Near Supercuts, Revival Ice cream, Rosine's, Ad Astra Bakery and Papa Chanos. Parking lot in back with access to front. Also, small retail space facing parking lot. May be great for small retail or car dealer. Interior office and retail space also available. Spaces as small as 100 SF and can be up to 4000 SF. Building will be bright and inviting. Make your business a part of this revival. Call or text Anthony for more information 8316013284
- Bus Line
NEARBY MAJOR RETAILERS
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482 Alvarado St | 482 Alvarado St
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