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The Myrtle Building 525-535 S Myrtle Ave 817 SF of Office Space Available in Monrovia, CA 91016
Highlights
- At busy intersection of Myrtle and Colorado.
- Prime location with high visibility.
- Elevator served
- Window-lined offices
- Located in heart of old town Monrovia.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 2nd Floor, Ste 202 | 817 SF | 9’ | 2-5 Years | $35.28 /SF/YR $2.94 /SF/MO $28,824 /YR $2,402 /MO | Full Service |
2nd Floor, Ste 202
This space is located at the busiest intersection of Colorado and Myrtle in Old Town Monrovia. It has 817 SF available on the second floor. It is currently split into three large open offices. All offices are window-lined with beautiful views to Old Town Monrovia. The space has been recently renovated with new flooring and paint. The rate includes utilities and common area janitorial only. It has elevator access. There is parking along the street and in the Colorado Commons parking structure directly behind the building. Enjoy a great location in Old Town adjacent to restaurants and shopping.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Professional Services Office
- Mostly Open Floor Plan Layout
- Fits 3 - 7 People
- 3 Private Offices
- 1 Conference Room
- 6 Workstations
- Finished Ceilings: 9’
- Central Air Conditioning
- Fully Carpeted
- Corner Space
- Drop Ceilings
- 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.
Property Facts
| Total Space Available | 817 SF | Gross Leasable Area | 18,167 SF |
| Property Type | Retail | Year Built/Renovated | 1950/1999 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 817 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 18,167 SF |
| Year Built/Renovated | 1950/1999 |
About the Property
This space is located at the busiest intersection of Colorado and Myrtle in Old Town Monrovia. It has 817 SF available on the second floor. It is currently split into three large open offices. All offices are window-lined with beautiful views to Old Town Monrovia. The space has been recently renovated with new flooring and paint. The rate includes utilities and common area janitorial only. It has elevator access. There is parking along the street and in the Colorado Commons parking structure directly behind the building. Enjoy a great location in Old Town adjacent to restaurants and shopping. Located in Old Town across from Mikomi Sushi and a new Chinese restaurant under construction. It enjoys parking in the Colorado Commons structure directly behind the building as well as ample free street parking.
Nearby Major Retailers
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The Myrtle Building | 525-535 S Myrtle Ave
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