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1st Class office in Historic Bldg downtown 486 Alvarado St 229 - 604 SF of Retail Space Available in Monterey, CA 93940
HIGHLIGHTS
- Can be 604 SF or divided to 375 or 229SF
- Historic building Charm but in 1st class condition
- Overlooking downtown Monterey
- Bright space tall ceilings
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor, Ste c | 229-604 SF | 10’ | Negotiable | $50.25 CAD/SF/YR $4.19 CAD/SF/MO $30,353 CAD/YR $2,529 CAD/MO | Modified Gross |
2nd Floor, Ste c
Overlooking Downtown Monterey, Can be divided with a seperating hall or use the hall and both spaces for your business. Together rent is about 1,700 per month or seperate $800 per month to 1.200 per month. Can be gross or nnn. Beautiful historic building Historic building Charm but in 1st class condition Can be 604 SF or divided to 375 or 229SF Overlooking downtown Monterey
- Listed rate may not include certain utilities, building services and property expenses
- Space is in Excellent Condition
- High Ceilings
- Finished Ceilings: 10’
- Overlooking downtown Monterey
- Can be 604 SF or divided to 375 or 229SF
- Tall Ceilings Bright Space
- Historic building Charm but in 1st class condition
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 1ST CLASS OFFICE IN HISTORIC BLDG DOWNTOWN
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Braveman, Stephen L Ma Mfcc
- Health Care and Social Assistance
- 1
- -
- Broken Street Apparel
- Unisex Apparel
- 1
- -
- Maryse
- Jewelry/Watches
- 1
- -
- Nomads Fine Rugs & Art
- Cleaners
- 1
- -
- Point Design
- Professional, Scientific, and Technical Services
- 1
- -
- Supercuts
- Salon/Barber/Spa
- 3,812
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Braveman, Stephen L Ma Mfcc | Health Care and Social Assistance | 1 | - |
| Broken Street Apparel | Unisex Apparel | 1 | - |
| Maryse | Jewelry/Watches | 1 | - |
| Nomads Fine Rugs & Art | Cleaners | 1 | - |
| Point Design | Professional, Scientific, and Technical Services | 1 | - |
| Supercuts | Salon/Barber/Spa | 3,812 | International |
PROPERTY FACTS
| Total Space Available | 604 SF | Gross Leasable Area | 10,896 SF |
| Min. Divisible | 229 SF | Year Built | 1975 |
| Property Type | Retail | Parking Ratio | 0.73/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 604 SF |
| Min. Divisible | 229 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,896 SF |
| Year Built | 1975 |
| Parking Ratio | 0.73/1,000 SF |
ABOUT THE PROPERTY
Overlooking Downtown Monterey, Can be divided with a seperating hall or use the hall and both spaces for your business. Together rent is about 1,700 per month or seperate $800 per month to 1.200 per month. Can be gross or nnn. Beautiful historic building Historic building Charm but in 1st class condition Can be 604 SF or divided to 375 or 229SF Overlooking downtown Monterey
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
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1st Class office in Historic Bldg downtown | 486 Alvarado St
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