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The Shops at Simi Valley Town Center 1161-1181 Simi Town Center Way 5,990 SF of Retail Space Available in Simi Valley, CA 93065
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,990 SF | Negotiable | $52.56 /SF/YR $4.38 /SF/MO $314,834 /YR $26,236 /MO | Triple Net (NNN) |
1213 Simi Town Center Way - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
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 | 5,990 SF | Frontage | |
| Center Type | Community Center | Gross Leasable Area | 267,470 SF |
| Parking | 1009 Spaces | Total Land Area | 24.15 AC |
| Center Properties | 8 | Year Built | 2005 |
| Total Space Available | 5,990 SF |
| Center Type | Community Center |
| Parking | 1009 Spaces |
| Center Properties | 8 |
| Frontage | |
| Gross Leasable Area | 267,470 SF |
| Total Land Area | 24.15 AC |
| Year Built | 2005 |
ABOUT THE PROPERTY
FULLY BUILT-OUT FREESTANDING RESTAURANT BUILDING Approximately 5,990 SF fully built-out, second-generation freestanding restaurant featuring a full kitchen, walk-in cooler/freezer, restrooms, built-in bar, patio seating, and recent upgrades. IDEAL FOR RESTAURANT, BREWERY, OR EVENT USE Property is turnkey and supports food, beverage, and hospitality concepts with minimal conversion needed. AMPLE PARKING AND TYPE 47 LIQUOR LICENSE Property benefits from ample parking and type 47 liquor license eligibility. PRIME ENTRY PAD IN SIMI VALLEY TOWN CENTER Highly visible corner pad at the front entrance of a regional commercial center anchored by Major Tenants such as Lowe’s and Best Buy, and adjacent to Simi Valley Town Center. DENSE RESIDENTIAL TRADE AREA Over 113,000 residents within a 5-mile radius having an Average Household Income of $165,525, supported by a robust daytime workforce and steady demand from nearby offices and retailers. IMMEDIATE 118 FREEWAY ACCESS Just off the Los Angeles Avenue exit, the site offers immediate freeway access and high visibility, making it convenient for both local customers and regional traffic. PLUG-AND-PLAY SETUP Fully built-out space with a ready-to-operate configuration, reducing ramp-up time and maximizing efficiency for seasoned operators..
NEARBY MAJOR RETAILERS
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The Shops at Simi Valley Town Center | 1161-1181 Simi Town Center Way
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