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1109 S Pacific Coast Hwy
2,704 SF of Retail Space Available in Redondo Beach, CA 90277
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 2,704 SF | Negotiable | $53.25 /SF/YR $4.44 /SF/MO $143,988 /YR $11,999 /MO | Triple Net (NNN) |
Ground
Great opportunity to lease an existing restaurant building or Ground Lease to build your own building. The subject property could also be used as retail space too. For Ground Lease, owner will consider delivering the property as land and raise the existing building. Great location in South Redondo Beach with blocks away from the ocean and famous and vibrant Riviera Village. Building has been a popular restaurant for many years with great parking.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space In Need of Renovation
- Great corner location of PCH and Avenue D
- High Visibility with great signage
- Great demographics with high household income
- High daily traffic volume
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 FOR 1109 S Pacific Coast Hwy , Redondo Beach, CA 90277
| Total Space Available | 2,704 SF | Gross Leasable Area | 2,985 SF |
| Property Type | Retail | Year Built | 1971 |
| Property Subtype | Restaurant | Parking Ratio | 6.66/1,000 SF |
| Total Space Available | 2,704 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,985 SF |
| Year Built | 1971 |
| Parking Ratio | 6.66/1,000 SF |
Nearby Major Retailers
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1109 S Pacific Coast Hwy
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