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624 S Santa Anita Ave 4,500 SF of Retail Space Available in Arcadia, CA 91006
HIGHLIGHTS
- Arcadia retail space
- Major traffic corridor
- Corner space on Santa Anita Ave
- Owner considers paying for renovation
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,500 SF | 1-10 Years | $37.23 CAD/SF/YR $3.10 CAD/SF/MO $167,531 CAD/YR $13,961 CAD/MO | Plus All Utilities |
1st Floor
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
- Private Restrooms
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 | 4,500 SF | Gross Leasable Area | 7,300 SF |
| Property Type | Retail | Year Built/Renovated | 1922/2005 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.82/1,000 SF |
| Total Space Available | 4,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 7,300 SF |
| Year Built/Renovated | 1922/2005 |
| Parking Ratio | 0.82/1,000 SF |
ABOUT THE PROPERTY
Seize the opportunity to lease a spacious 4,500 square foot commercial corner space on Santa Anita Ave, a busy thoroughfare in Arcadia. This prime location boasts high foot traffic and is surrounded by residential neighborhoods, schools, parks, and diverse businesses, ensuring excellent customer visibility. The owner is willing to consider renovations to tailor the space to the tenant's specific needs. Please note that this is a mixed-use building, and only the first-floor retail space is available for lease. Please text/call Maggie @ (626) 203-9344 with 24-hour notice to arrange showing. Email all Offers to maggiely28@yahoo.com. Buyer to verify square footage (lot and structure) and all MLS and CoStar information. Broker and broker's agents do not represent or guarantee accuracy of the square footage, bedroom/bathroom count, lot size or lot lines/ dimensions, permitted or unpermitted spaces, school boundary lines or eligibility, or other information concerning the conditions or features of the property. Buyer is advised to independently verify the accuracy of all information.
- Bus Line
NEARBY MAJOR RETAILERS
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624 S Santa Anita Ave
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