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538 W 5th St 6,800 SF of Retail Space Available in San Pedro, CA 90731



Highlights
- Front and Rear Parking Lot
- 121’ of street frontage for maximum exposure
- Low Triple Net (NNN) expenses
- Mixed Use Allowed
- Monument signage opportunity
- Prime location near dining, retail, and waterfront attractions
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,800 SF | Negotiable | $23.36 CAD/SF/YR $1.95 CAD/SF/MO $158,860 CAD/YR $13,238 CAD/MO | Triple Net (NNN) |
1st Floor
- 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.
Property Facts
| Total Space Available | 6,800 SF | Gross Leasable Area | 7,358 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.72/1,000 SF |
| Total Space Available | 6,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,358 SF |
| Year Built | 1950 |
| Parking Ratio | 2.72/1,000 SF |
About the Property
Thompson Team Real Estate is proud to exclusively offer this Prime Mixed-Use Commercial Opportunity in the Heart of San Pedro for lease. Position your business for success at 538 W 5th Street, a highly visible and versatile ±6,800 square foot mixed-use commercial property located in one of San Pedro’s most active corridors, just moments from the iconic San Pedro Fish Market and bustling waterfront destinations. This well-maintained property offers exceptional street presence with 121 feet of frontage and a full glass storefront, providing maximum visibility, natural light, and strong branding exposure. A prominent monument sign further enhances signage opportunities, making this an ideal location for retail, showroom, creative office, or service-oriented businesses. The property is thoughtfully designed for both customer access and operational efficiency, featuring two separate parking areas: a front lot for customer convenience and a private rear lot for staff and deliveries. In total, the site provides approximately 20 parking spaces, a rare amenity in this high-demand area. At the rear of the building, large loading doors allow for seamless shipping, receiving, and logistics—perfect for businesses requiring inventory movement or light industrial functionality. Additionally, a dedicated storage room offers flexibility to function as a backroom, inventory space, or expanded showroom area depending on tenant needs.
- Pylon Sign
- Signage
- Monument Signage
Nearby Major Retailers
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538 W 5th St
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