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HIGHLIGHTS
- Heavy daytime foot traffic.
- Ample Parking
- Safeway anchored center
- Located right near the 101 Freeway
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 212 | 40,428 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $727,704 /YR $60,642 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 225 | 14,720 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $309,120 /YR $25,760 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste 404B | 2,153 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $32,295 /YR $2,691 /MO | Modified Gross |
201 Tennant Sta - 1st Floor - Ste 212
-Former Rosso's Furniture Space Available Soon! -Rent is $1.50 PSF plus NNN charges. -Space is 40,428 SF. -Space is divisible if needed. -Excellent frontage. -Ample parking. -High ceilings.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Private Restrooms
- After Hours HVAC Available
201 Tennant Sta - 1st Floor - Ste 225
Grocery Anchored Shopping Center. Junior Anchor Space For Lease Unit 225: (Currently Joann Fabrics & Vacating Soon)14,720 SF - $1.75 PSF plus NNN. -Co-tenants include: Safeway, Fitness 19, Cinelux, Rosso’s Furniture, Safeway Fuel, Stanford Blood Center, Coldwell Banker Realty, US Bank, Nick The Greek, & Postal Annex -Strong demographics with average household incomes of $164,504 in a 1-mile radius. -Easy access to HWY 101. -1,000 + parking spots available. -Tesla Charging Station coming soon! -Less than a mile from Downtown Morgan Hill. -Exposure to over 25,000 vehicles per day.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Anchor Space
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Drop Ceilings
- Hardwood Floors
400-410 Tennant Ave - 2nd Floor - Ste 404B
-Very clean 2nd Floor office space. -Elevator access to 2nd floor. -NEW RENT $1.25 PSF MG.
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 6 - 18 People
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 TENNANT STATION
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Safeway
- Supermarket
- 1,272
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Safeway | Supermarket | 1,272 | National |
PROPERTY FACTS
ABOUT THE PROPERTY
-Tennant Station Shopping Center Retail For Lease -Anchor & Junior Anchor Space & Retail Unit For Lease @ Tennant Station Shopping Center -Co-tenants include: Safeway, Fitness 19, Cinelux, Safeway Fuel, Stanford Blood Center, Coldwell Banker Realty, US Bank, Nick The Greek, & Postal Annex -Unit 225: 14,720 SF - $1.75 PSF plus NNN. -Unit 212: 40,428 SF - $1.50 PSF plus NNN. -Former Rosso's Furniture Space Available Soon! -Rent is $1.50 PSF plus NNN charges. -Space is 40,428 SF. -Space is divisible if needed. -Excellent frontage. -Ample parking. -High ceilings. -Unit 404B: 2,153 SF - NEW RENT: $1.25 PSF Modified Gross. -Strong demographics with average household incomes of $164,504 in a 1-mile radius. -Easy access to HWY 101. -1,000 + parking spots available. -Less than a mile from Downtown Morgan Hill. -Exposure to over 25,000 vehicles per day.
- Dedicated Turn Lane
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Tennant Station | 210-890 Tennant Ave
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