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HIGHLIGHTS
- Dense Demographics
- Central Location with Easy access to 110 FWY
- Excellent Parking
- Highly Trafficked Retail Corridor
- Heavy traffic counts (45k CPD)
- Outstanding Signage
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste E | 1,300 SF | Negotiable | $58.63 CAD/SF/YR $4.89 CAD/SF/MO $76,217 CAD/YR $6,351 CAD/MO | Modified Gross |
711 Fair Oaks Ave - 1st Floor - Ste E
Located just off the 110 freeway, the Fair Oaks Center provides excellent visibility, parking and street frontage on the main corridor of Fair Oaks Avenue in South Pasadena. South Pasadena is an exceptional community with affluent demographics and a destination “Main Street” with boutique shops & restaurants. Heavy traffic counts (45k CPD) provide the center with an exceptionally strong and diverse business and consumer base. The curated mix of exiting tenants include anchor El Pollo Loco, Subway, Patakan Thai, Hawaiian BBQ and Gold Line Pilates.
- Listed rate may not include certain utilities, building services and property expenses
- Located in-line with other retail
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 FAIR OAKS CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- El Pollo Loco
- Fast-food
- 599
- National
- Hawaiian BBQ & Roll
- Restaurant
- 1
- -
- Patakan Thai Restaurant
- Restaurant
- 1
- -
- Subway
- Sub Sandwich
- 28,950
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| El Pollo Loco | Fast-food | 599 | National |
| Hawaiian BBQ & Roll | Restaurant | 1 | - |
| Patakan Thai Restaurant | Restaurant | 1 | - |
| Subway | Sub Sandwich | 28,950 | International |
PROPERTY FACTS
| Total Space Available | 1,300 SF | Frontage | 238’ on Fair Oaks Ave |
| Center Type | Neighborhood Center | Gross Leasable Area | 13,856 SF |
| Parking | 60 Spaces | Total Land Area | 1.00 AC |
| Center Properties | 1 | Year Built | 1988 |
| Total Space Available | 1,300 SF |
| Center Type | Neighborhood Center |
| Parking | 60 Spaces |
| Center Properties | 1 |
| Frontage | 238’ on Fair Oaks Ave |
| Gross Leasable Area | 13,856 SF |
| Total Land Area | 1.00 AC |
| Year Built | 1988 |
ABOUT THE PROPERTY
Retail / Restaurant Space for Lease. Outstanding Location / Highly Trafficked Retail Corridor. Located just off the 110 freeway, the Fair Oaks Center provides excellent visibility, parking and street frontage on the main corridor of Fair Oaks Avenue in South Pasadena. South Pasadena is an exceptional community with affluent demographics and a destination “Main Street” with boutique shops & restaurants. Heavy traffic counts (45k CPD) provide the center with an exceptionally strong and diverse business and consumer base. The curated mix of existing tenants include El Pollo Loco, Subway, Patakan Thai, Katsu Jin and Gold Line Pilates.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Fair Oaks Center | 711 Fair Oaks Ave
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