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334 E. Ojai Ave. Restaurant & Bar Asset Sale 334 E Ojai Ave 1,900 SF of Retail Space Available in Ojai, CA 93023
Highlights
- PERSONAL GUARANTY NEGOTIABLE
- ADJACENT PUBLIC LOTS
- NEWLY UPGRADED HVAC, PLUMBING AND ELECTRICAL SYSTEMS
- PRIME LOCATION IN CENTRAL BUSINESS DISTRICT AMIDST OTHER COMPATIBLE RESTAURANTS, RETAIL, THE NEWLY OPENED EL ROBLAR HOTEL AND FAMED LIBBEY BOWL
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,900 SF | 5 Years | $41.04 /SF/YR $3.42 /SF/MO $77,976 /YR $6,498 /MO | Triple Net (NNN) |
1st Floor
No % clause in lease 3% annual increases 1000 SF patio
- 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
- Fully Equipped
- Turn-Key Condition including ABC#47
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 334 E. Ojai Ave. Restaurant & Bar Asset Sale
- Tenant
- Description
- US Locations
- Reach
- Blend Ojai
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Blend Ojai | - | 1 | - |
Property Facts
| Total Space Available | 1,900 SF | Gross Leasable Area | 2,041 SF |
| Property Type | Retail | Year Built | 1954 |
| Property Subtype | Restaurant | Parking Ratio | 2.58/1,000 SF |
| Total Space Available | 1,900 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,041 SF |
| Year Built | 1954 |
| Parking Ratio | 2.58/1,000 SF |
About the Property
OWNER SAYS SELL!!REDUCED PRICED TO SELL. ASSET SALE--FULLY EQUIPPED FIRST GEN IN EXCELLENT TURN-KEY CONDITION NO % CLAUSE IN LEASE PERSONAL GUARANTY NEGOTIABLE NEWLY UPGRADED HVAC, PLUMBING AND ELECTRICAL SYSTEMS ADJACENT PUBLIC LOTS PRIME LOCATION IN CENTRAL BUSINESS DISTRICT AMIDST OTHER COMPATIBLE RESTAURANTS, RETAIL, THE NEWLY OPENED EL ROBLAR HOTEL AND FAMED LIBBEY BOWL COME BE PART OF OJAI’S BURGEONING CULINARY SCENE, CURRENTLY ENVIED THROUGHOUT THE COUNTRY. THIS SPACE LENDS ITSELF TO CREATIVE CHEFS AND ENTREPRENEURS EAGER TO MAKE A MARK WITH A LOW BARRIER TO ENTRY. HARD TO FIND PRIME AAA LOCATION THAT’S TURN-KEY AS WELL. COME AND GET IT NOW AND SWING INTO SPRING/ SUMMER WHEN YOU CAN REALLY MAKE YOUR SPLASH... IT DOESN’T GET MUCH BETTER THAN THIS.
- Bus Line
- Signage
Nearby Major Retailers
Contact the Leasing Agent
334 E. Ojai Ave. Restaurant & Bar Asset Sale | 334 E Ojai Ave