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Lakes Entertainment Center 265 Glendora Ave 1,000 SF of Retail Space Available in West Covina, CA 91790
HIGHLIGHTS
- - Anchored by Regal Edwards West Covina with 18 screens
- - Freeway facing monument sign with excellent exposure available.
- - Convenient location directly off 10 fwy and S. Vincent Ave.
- - Strong co-tenancy with Kopan Sushi & Ramen, Noypitz Bar & Grill, Ice Cream Chef, Jasmine Hookah and more.
- - Easily accessible 4-story parking structure.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1240 B | 1,000 SF | Negotiable | $39.00 /SF/YR $3.25 /SF/MO $39,000 /YR $3,250 /MO | Triple Net (NNN) |
1240 Lakes Dr - 1st Floor - Ste 1240 B
Located at 1240 Lakes Drive, West Covina, this location represents a rare opportunity to lease a 2nd generation coffee shop in a highly visible and well-trafficked center. The space features extensive existing plumbing, electrical, walk-in refrigerator/freezer that can be easily adapted for a new operator. This turnkey configuration offers significant savings on buildout costs and time to open. Surrounded by a prominent retail corridor ideal for both grab-and-go and sit-down customers. - Expansive kitchen equipped with separate walk-in refrigerator/freezer, dry storage, & electric water heater - In-suite restroom - 250 amp electric panel - Interior seating area with additional outdoor seating available - Built-in service counter and prep area
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Freezer Space
- Plug & Play
- After Hours HVAC Available
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 LAKES ENTERTAINMENT CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Edwards Theater
- Cinema
- 732
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Edwards Theater | Cinema | 732 | National |
PROPERTY FACTS
| Total Space Available | 1,000 SF | Gross Leasable Area | 121,842 SF |
| Center Type | Community Center | Total Land Area | 5.37 AC |
| Parking | 1060 Spaces | Year Built | 1996 |
| Center Properties | 3 |
| Total Space Available | 1,000 SF |
| Center Type | Community Center |
| Parking | 1060 Spaces |
| Center Properties | 3 |
| Gross Leasable Area | 121,842 SF |
| Total Land Area | 5.37 AC |
| Year Built | 1996 |
ABOUT THE PROPERTY
Property Description - Anchored by Regal Edwards West Covina with 18 screens. - Strong co-tenancy with Kopan Sushi & Ramen, Noypitz Bar & Grill, Ice Cream Chef, Jasmine Hookah and more. - Freeway facing monument sign with excellent exposure available. - Easily accessible 4-story parking structure. - Convenient location directly off 10 fwy and S. Vincent Ave. Area Highlights: - The Lakes at West Covina office building: 176k sq ft with 95%+ occupancy. - The Colony at the Lakes Apartments: 450 units luxury mid-rise apartments. - Marketplace at the Lakes: Adjoining shopping center with Jerome’s Furniture, Michael’s, Columbia Sportswear. - Plaza West Covina: Super regional mall across S. Vincent Ave. with 185 stores covering over 1.2m sq ft. - Bustling retail corridor adjacent to the property with healthy mix of local businesses. - West Covina Civic Center with City Hall, West Covina Library, LA Superior Court, Police Dept, etc. less than 1 mile away.
- 24 Hour Access
- Courtyard
- Restaurant
- Monument Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
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Lakes Entertainment Center | 265 Glendora Ave
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