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324-328 Grand Ave 500 - 3,150 SF of Retail Space Available in Spencer, IA 51301
Highlights
- Rare downtown South San Francisco commercial location.
- Do not disturb tenants.
- Units are separately metered for independent occupancy.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 500-3,150 SF | Negotiable | $60.00 /SF/YR $5.00 /SF/MO $189,000 /YR $15,750 /MO | Triple Net (NNN) |
1st Floor
This is a 2 unit space that can be leased together or separately. The spaces offer access to floor drains and substantial electrical capacity through 400-amp, three-phase 240-volt service. Potential refrigeration availability may support operational requirements for select users. The layout can accommodate a variety of commercial operations and may be delivered within approximately 30 to 60 days. Currently the units are used as a nail salon and a bakery.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Display Window
- Floor drains are in place for operations.
- Refrigeration may be available for users.
- Units are separately metered independently.
- Three-phase 400-amp power supports operations.
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 | 3,150 SF | Property Subtype | Storefront |
| Min. Divisible | 500 SF | Gross Leasable Area | 4,118 SF |
| Property Type | Retail | Year Built | 1963 |
| Total Space Available | 3,150 SF |
| Min. Divisible | 500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,118 SF |
| Year Built | 1963 |
About the Property
324-328 Grand Avenue offers a rare leasing opportunity in Downtown South San Francisco with flexible commercial space suited for a variety of retail, food production, service, and specialty business users. The property benefits from a location along Grand Avenue, a well-established commercial corridor that provides access to surrounding neighborhood businesses, local services, and regional transportation connections. South San Francisco's proximity to San Francisco, San Francisco International Airport, Caltrain service, and major Bay Area transportation routes supports customer accessibility and employee convenience. The property features separately metered units with available configurations ranging from smaller boutique occupancies to larger operational layouts. Existing building infrastructure includes floor drains, 400-amp three-phase 240-volt power, and the potential availability of refrigeration, making the property suitable for businesses with specialized operational requirements. Current tenants include a bakery and a nail salon, reflecting the property's ability to accommodate a range of commercial uses. Additional features include the potential availability of a covered parking space and landlord flexibility regarding delivery timing, with spaces anticipated to be available within approximately 30 to 60 days. The combination of downtown positioning, functional utility infrastructure, and accessibility within South San Francisco creates an opportunity for tenants seeking a practical location with established commercial activity nearby.
- Awning
Nearby Major Retailers
Contact the Leasing Agent
324-328 Grand Ave