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61 Serra Way 61 Serra Way 880 SF of Retail Space Available in Milpitas, CA 95035
HIGHLIGHTS
- 2-Story Mixed-Use Building with Ground Floor Retail & Second Floor Professional Offices
- Fantastic Building Signage & Convenient and Ample Storefront Parking
- Elevator Served Building & Fire Sprinklered
- Easy Access to I-880 & Montague Expwy (Hwy 237) & Prominent Visibility
- Close to McCarthy Ranch Marketplace, Great Mall of Bay Area
- Recent ADA Upgrades in Parking Lot
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 110 | 880 SF | 9’ - 9’6” | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $36,960 /YR $3,080 /MO | Triple Net (NNN) |
61 Serra Way - 1st Floor - Ste 110
± 22’ wide × ± 40’ deep. End Cap unit. Former Subway with patio seating, Type 2 stainless steel (SS) exhaust hood, in-ground grease interceptor, separate kitchen area, dishwashing station, mop sink, walk-in refrigerator/freezer unit, FF&E available, 1 ADA-compliant restroom, ceramic tile floors and Marlite walls, 100% drop t-bar ceiling 9’0” & 9’6” above finished floor (AFF), 38-Gallon electric hot water heater, Electrical: 200 Amp; 3 PH; 4 W, separate HVAC system. Available now.
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Private Restrooms
- Corner Space
- Drop Ceilings
- Finished Ceilings: 9’ - 9’6”
- Former Subway
- Patio Seating
- Type 2 Stainless Steel Exhaust Hood
- In-Ground Grease Interceptor
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 61 SERRA WAY
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Bleu De Beaute
- Salon/Barber/Spa
- 1
- -
- Daruma Dojo
- Arts, Entertainment, and Recreation
- 1
- -
- Eye Vue Optometry
- Optical
- 1
- -
- Hub 61 The Indian Bistro
- Restaurant
- 1
- -
- N & M Dental Care
- Health Care and Social Assistance
- -
- -
- Serra Way Dental Office
- Health Care and Social Assistance
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Bleu De Beaute | Salon/Barber/Spa | 1 | - |
| Daruma Dojo | Arts, Entertainment, and Recreation | 1 | - |
| Eye Vue Optometry | Optical | 1 | - |
| Hub 61 The Indian Bistro | Restaurant | 1 | - |
| N & M Dental Care | Health Care and Social Assistance | - | - |
| Serra Way Dental Office | Health Care and Social Assistance | 1 | - |
PROPERTY FACTS
| Total Space Available | 880 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 22,238 SF |
| Parking | 105 Spaces | Total Land Area | 2.63 AC |
| Stores | 4 | Year Built | 1999 |
| Center Properties | 2 |
| Total Space Available | 880 SF |
| Center Type | Strip Center |
| Parking | 105 Spaces |
| Stores | 4 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 22,238 SF |
| Total Land Area | 2.63 AC |
| Year Built | 1999 |
ABOUT THE PROPERTY
Two (2) story mixed-use building with ground floor retail and second floor professional offices. Elevator served building, fire sprinklered, recent ADA upgrades in parking lot with prominent visibility, fantastic building signage for each Tenant, convenient and ample storefront parking. Located at signalized intersection of Serra Way and S. Abel Street with prominent visibility. Close to Ranch Market and Great Mall of Bay Area and easy access to I-880 and Montague Expressway (Hwy 237).
- Atrium
- Bus Line
- Restaurant
- Security System
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
NEARBY MAJOR RETAILERS
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61 Serra Way | 61 Serra Way
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