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SPACE AVAILABILITY (1)
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- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 5025 | 2,100 SF | 10’ | Negotiable | $25.95 CAD/SF/YR $2.16 CAD/SF/MO $54,492 CAD/YR $4,541 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 5025
This exceptional ground floor commercial space is ideally situated in the heart of Richmond, offering unparalleled access to a vibrant array of shops, restaurants, and convenient MUNI transportation. With approximately 2,100 square feet of open floor plan, this adaptable space can accommodate a variety of business needs. The space includes an ADA-compliant bathroom and has undergone recent seismic retrofitting, ensuring a safe and modern environment. The space was previously occupied by a retail business specializing in the repair and sale of vacuum cleaners. This prior use falls under the permitted uses within the NCD zoning, which typically allows for a variety of retail and service-oriented businesses that cater to the needs of the surrounding neighborhood. However, the applicant's proposed use may differ, and therefore, it is crucial to confirm its compliance with the NCD zoning requirements.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Finished Ceilings: 10’
- Flexible Use
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 | 2,100 SF | Gross Leasable Area | 10,971 SF |
| Property Type | Retail | Year Built | 1923 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,100 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 10,971 SF |
| Year Built | 1923 |
ABOUT THE PROPERTY
Ground Floor Commercial Space for Lease - Ground floor commercial space - Prime Richmond location near shops, restaurants, MUNI - Approximately 2,100 square feet - Includes ADA bathroom - Building recently seismically retrofitted - Available for $3,500 per month plus CAM and utilities - Lease terms negotiable Prime Richmond Location This exceptional ground floor commercial space is ideally situated in the heart of Richmond, offering unparalleled access to a vibrant array of shops, restaurants, and convenient MUNI transportation. Spacious and Versatile With approximately 2,100 square feet of open floor plan, this adaptable space can accommodate a variety of business needs. Modern Amenities The space includes an ADA-compliant bathroom and has undergone recent seismic retrofitting, ensuring a safe and modern environment. Attractive Lease Terms Available for $3,500 per month plus CAM and utilities, with negotiable lease terms. Contact Us Today This highly desirable commercial space won't last long. Contact us today to schedule a viewing and discuss your leasing options! Zoning and Prior Use: The subject property is zoned for Neighborhood Commercial District (NCD). It is the applicant's responsibility to verify with the city that their intended use for the property complies with the NCD zoning regulations before submitting any application. This due diligence is essential to avoid potential delays or rejections in the application process. Previous Use: The space was previously occupied by a retail business specializing in the repair and sale of vacuum cleaners. This prior use falls under the permitted uses within the NCD zoning, which typically allows for a variety of retail and service-oriented businesses that cater to the needs of the surrounding neighborhood. However, the applicant's proposed use may differ, and therefore, it is crucial to confirm its compliance with the NCD zoning requirements. View a 3D tour at: https://www.asteroom.com/editor/PanoViewer.html?projectid=08dd97cb-7c2c-412a-8f1e-cf61ddfb3601&viewfloorplan=1&t=1748385120000 Shown by appointment only. Please call Leasing Agent, Erston Pearcy at (415) 577-1701 The above information has been obtained from sources deemed reliable, and while we do not guarantee it, we believe it to be accurate. The acceptance of this statement obligates the person accepting the same to conduct all negotiations concerning this property through the offices of the Housing Guild.
NEARBY MAJOR RETAILERS
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5025-5031 Geary Blvd
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