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RARE SMALL SPACE-STREET RETAIL OR LIGHT FOOD Busy Street Retail Small Rare Space 650 SF of Retail Space Available in Thousand Oaks, CA 91362
Highlights
- Centrally located, Westlake Village adjacent and nearby 101 freeway access •Strong daytime population and income demographics •
- Variety of uses
- Busy street
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2991 | 650 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 2991
2991 is a highly visible street retail property on what would be defined as “T.O. Row “ an ever evolving hip stretch of Thousand Oaks Boulevard , offering trendy retailers and small eateries. This rare small space is located near an intersection of Thousand Oaks Boulevard which is the main artery going thru Thousand Oaks, Westlake Village and Agoura. It also sits within the specified use plan which the City of Thousand Oaks developed to revitalize and encourage pedestrian traffic. This plan allows for aggressive facilitation of diverse Tenant uses. This street retail space offers a creative opportunity for a variety of unique uses. The space includes a street level front entrance and back entrance in the rear where parking is located.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air Conditioning
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 | 650 SF | Gross Leasable Area | 3,879 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 2.84/1,000 SF |
| Total Space Available | 650 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,879 SF |
| Year Built | 1950 |
| Parking Ratio | 2.84/1,000 SF |
About the Property
2991 is a highly visible street retail property on what would be defined as “T.O. Row “ an ever evolving hip stretch of Thousand Oaks Boulevard , offering trendy retailers and small eateries. Adjacent to high performing Enterprise Car Rental, Cafes. restaurants and shops. This rare small space is located near an intersection of Thousand Oaks Boulevard which is the main artery going thru Thousand Oaks, Westlake Village and Agoura. It also sits within the specified use plan which the City of Thousand Oaks developed to revitalize and encourage pedestrian traffic. This plan allows for aggressive facilitation of diverse Tenant uses.
- Signage
Nearby Major Retailers
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RARE SMALL SPACE-STREET RETAIL OR LIGHT FOOD | Busy Street Retail Small Rare Space
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