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Grocery Anchored Retail Box Available 5845 E Los Angeles Ave 23,718 SF of Retail Space Available in Simi Valley, CA 93063
HIGHLIGHTS
- High residential density nearby with new developments underway
- Close 118 fwy access Yosemite Ave
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5845 | 23,718 SF | Negotiable | $16.20 /SF/YR $1.35 /SF/MO $384,232 /YR $32,019 /MO | Triple Net (NNN) |
1st Floor, Ste 5845
Former Rite Aid Grocery-anchored center Signalized corner on the busy Los Angeles Ave commercial corridor Co-tenants include Vons, Starbucks, Subway, and more
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Anchor Space
- Central Air and Heating
- Private Restrooms
- Corner Space
- High Ceilings
- Secure Storage
- Recessed Lighting
- After Hours HVAC Available
- Former Rite Aid
- Grocery-anchored center
- Signalized corner
- Co-tenants include Vons, Starbucks, and more
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 GROCERY ANCHORED RETAIL BOX AVAILABLE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Rite Aid
- Drug Store
- -
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Rite Aid | Drug Store | - | National |
PROPERTY FACTS
| Total Space Available | 23,718 SF | Total Land Area | 1.84 AC |
| Property Type | Retail | Year Built | 1971 |
| Property Subtype | Freestanding | Parking Ratio | 5.06/1,000 SF |
| Gross Leasable Area | 23,718 SF |
| Total Space Available | 23,718 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 23,718 SF |
| Total Land Area | 1.84 AC |
| Year Built | 1971 |
| Parking Ratio | 5.06/1,000 SF |
ABOUT THE PROPERTY
Strategically located at the signalized intersection of Yosemite Ave and E Los Angeles Ave, this commercial property in Simi Valley features a 23,718 SF retail space. It sits within a grocery-anchored shopping center with VONS as the anchor tenant, alongside national brands like Starbucks, Subway, and others. As an end cap unit, it offers prime visibility from both major roads, seamless vehicle access, and generous parking. Surrounded by high-density residential neighborhoods and directly connected to the 118 freeway, the site is ideal for retail, wellness, or service-oriented businesses seeking exposure and accessibility.
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Storage Space
- Monument Signage
NEARBY MAJOR RETAILERS
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Grocery Anchored Retail Box Available | 5845 E Los Angeles Ave
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