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Highlights
- ±5,254 SF contiguous restaurant space
- Walk-in freezer included
- Strong restaurant co-tenancy
- Existing commercial kitchen hood system
- Located in prime Spring Mountain retail corridor
- High traffic and established dining destination
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,254 SF | Negotiable | $40.80 /SF/YR $3.40 /SF/MO $214,363 /YR $17,864 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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 | 5,254 SF | Total Land Area | 2.76 AC |
| Property Type | Retail | Year Built | 2020 |
| Gross Leasable Area | 12,800 SF |
| Total Space Available | 5,254 SF |
| Property Type | Retail |
| Gross Leasable Area | 12,800 SF |
| Total Land Area | 2.76 AC |
| Year Built | 2020 |
About the Property
Former U-Shabu restaurant space totaling approximately 5,254 SF located in the heart of the Spring Mountain Chinatown corridor. The space is fully built out for restaurant use and includes an existing commercial hood system and walk-in freezer, offering a strong head start for food operators. The layout supports full-service dining and is well suited for hot pot, Korean BBQ, noodle house, casual dining, or other restaurant concepts. High visibility location with strong surrounding restaurant synergy and consistent foot traffic. Move-in ready condition with existing kitchen infrastructure in place. Ideal opportunity for operators seeking to reduce build-out time and capital expenditure.
Nearby Major Retailers
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5845 Spring Mountain Rd
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