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531 Orange Ave 6,000 SF of Flex Space Available in Chula Vista, CA 91911
Highlights
- High ceilings and store front double door glass entrance
- Monument pole signage
- Abundant parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,000 SF | Negotiable | $23.16 /SF/YR $1.93 /SF/MO $138,960 /YR $11,580 /MO | Triple Net (NNN) |
1st Floor
This is a freestanding building, and the available space is the entire building and premises. Mostly warm shell condition with 3 small restrooms. Electrical system and lighting needs refurbishment as a component of build out for tenant. Floor plans, updated photos, flyer and site plan to follow in update soon. Space is newly vacant with new ownership and expenses listed herein are based on estimates and are not historic.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- 2 Drive Ins
- Private Restrooms
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 |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Storefront | Parking Ratio | 5.51/1,000 SF |
| Total Space Available | 6,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 6,000 SF |
| Year Built | 1970 |
| Parking Ratio | 5.51/1,000 SF |
About the Property
This property offering for sale or for lease consists of an approximately 9,000 SF retail / flex building on a .84 acre lot represents a sale offering that may appeal to a very broad range of interested parties including single tenant retail or industrial or specialty occupiers that value abundant parking on a freestanding and fence-able lot. The location is adjacent to the heavily trafficked retail corridor of Palomar Avenue with close proximity to the 5 freeway and walking distance to the Palomar Street Transit and Trolley center and other major retailers such as Target and Costco.
- Signage
Nearby Major Retailers
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531 Orange Ave
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