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Vet, Medical, Retail, Lab, Daycare, Resi.Dev. 501 Laurel St 2,000 - 6,000 SF of Office/Retail Space Available in San Carlos, CA 94070
HIGHLIGHTS
- Recently vacated Vet Dog / Cat hospital could be leased or sold to Vet, other medical use, office, retail, or housing development.
- Excellent signage visibility on Laurel and Holly St Signalized Intersection.
- 2 blocks from Caltrain Station with El Camino Bus Lines and quick drive to Highway 101 on Holly St.
- 11 Private Parking Spaces in Back and 4 Public Parking Spaces in Front and Additional Easy Street Parking. (confirm with architect per ADA).
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000-6,000 SF | Negotiable | $45.00 /SF/YR $3.75 /SF/MO $270,000 /YR $22,500 /MO | Triple Net (NNN) |
1st Floor
6000 rentable square feet. Can be used as a medical office. Vet, Medical, Office, Retail, Church, Daycare
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Fits 5 - 48 People
- Partitioned Offices
- Central Air Conditioning
- Natural Light
- Open-Plan
- Yard
- For Lease
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 | 6,000 SF | Gross Leasable Area | 6,000 SF |
| Min. Divisible | 2,000 SF | Year Built/Renovated | 1956/1990 |
| Property Type | Retail | Parking Ratio | 1.83/1,000 SF |
| Property Subtype | Veterinarian/Kennel |
| Total Space Available | 6,000 SF |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Veterinarian/Kennel |
| Gross Leasable Area | 6,000 SF |
| Year Built/Renovated | 1956/1990 |
| Parking Ratio | 1.83/1,000 SF |
ABOUT THE PROPERTY
MEDICAL OFFICE FOR LEASE ZONING MU-D-120 Mixed-Use Downtown – San Carlos Veterinary Services, Medical, Dental, Hospital, Funeral Parlor, Office. Classes Instructional (not schools), Commercial Recreation, Family Day Care, Assembly, Church, Faith-Based, Cultural, Grooming and Pet Services, Public Safety. Retail, Bar, Restaurant, Convenience Store Grocery, Food Preparation, Garden Center, Personal Services, Spa, Massage, Bank, Business Services. Multi Family Residential (up to 120 units per acre), Bed and Breakfast, Hotel, Nursing Home (2nd Fl). https://www.codepublishing.com/CA/SanCarlos/html/SanCarlos18/SanCarlos1805.html#18.05 Existing Vet Medical was built out 11/16/2011 by VCA that recently consolidated two San Carlos locations down to one on Industrial Rd. Landlord reserves the right the reject any and all offers. Housing Developers: MU-90-120 units per acre (dark purple) in General Plan. MU-D-120: Mixed-Use Downtown Zoning Code. I’d project that we can get 5 stories with 40 units and 15 parking spots, and a 1,600 sf retail space on Laurel, based on the on General Plan’s 90-120 Units/Acre designation for your property, and also on the benchmark of 626 Walnut. If you were to leverage the State Law, AB 2097 – No More Minimum Parking Requirements Near Major Transit, perhaps you get more residential units and more retail lease space. MU-90-120 units per acre. If 626 Walnut can get the density in the attached photo being in the light purple General Plan of 70-100 units per acre, then this property at 501 Laurel should be able to get more density and thus at least 40 units on this 1/3 acre land parcel. Purchased in 2016 for $5M. Landlord reserves the right to reject any and all offers.
- 24 Hour Access
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Skylights
- Air Conditioning
NEARBY MAJOR RETAILERS
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Vet, Medical, Retail, Lab, Daycare, Resi.Dev. | 501 Laurel St
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