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69550 US Highway 111 780 - 3,148 SF of Space Available in Rancho Mirage, CA 92270
HIGHLIGHTS
- Central Highway 111 location
- New interior and exterior renovations, landscaping, and new HVAC units.
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 1,455 SF | Negotiable | $20.74 CAD/SF/YR $1.73 CAD/SF/MO $30,173 CAD/YR $2,514 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 201 | 780 SF | Negotiable | $23.39 CAD/SF/YR $1.95 CAD/SF/MO $18,246 CAD/YR $1,520 CAD/MO | Modified Gross | ||
| 2nd Floor, Ste 205 | 913 SF | Negotiable | $21.73 CAD/SF/YR $1.81 CAD/SF/MO $19,842 CAD/YR $1,654 CAD/MO | Modified Gross |
1st Floor, Ste 101
West Coast Modern Furniture Now Open! Excellent Highway 111 visibility, access and signage in this architecturally significant building with new renovations interior and exterior, landscaping, and HVAC units. High open ceilings on the first floor. Ground floor retail/office from 1,455 to 3,161 SF. Owner will contribute or provide a tenant improvement allowance for qualified tenants. Excellent mid-valley location with abundant parking!
- Lease rate does not include utilities, property expenses or building services
- Central Air Conditioning
- High Ceilings
2nd Floor, Ste 201
3 Months of Free Rent for qualified tenants. Architecturally significant building with new paint and new landscaping. Newly remodeled second floor view office suites available. A variety of uses will be considered. Elevator served second floor office view suite with new carpet and paint. Excellent mid-valley location!
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
2nd Floor, Ste 205
3 Months of Free Rent for qualified tenants. Architecturally significant building with new paint and new landscaping. Newly remodeled second floor view office suites available. A variety of uses will be considered. Elevator served second floor office view suite with new carpet and paint. Excellent mid-valley location!
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Open Floor Plan Layout
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 | 3,148 SF | Gross Leasable Area | 12,967 SF |
| Property Type | Retail | Year Built | 1990 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.04/1,000 SF |
| Total Space Available | 3,148 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 12,967 SF |
| Year Built | 1990 |
| Parking Ratio | 3.04/1,000 SF |
ABOUT THE PROPERTY
West Coast Modern Furniture Now Open! Excellent Highway 111 visibility, access and signage in this architecturally significant building with new renovations interior and exterior, landscaping, and new HVAC units. Owner will contribute or provide a tenant improvement allowance for qualified tenants. Elevator served second floor office view suite. Excellent mid-valley location with abundant parking!
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69550 US Highway 111
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