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1464 El Camino Real
2,000 - 6,100 SF of Retail Space Available in Belmont, CA 94002
Highlights
- Close to Downtown Belmont
- High Income Demographics
- High Average Daily Traffic Counts
- Great Public Transportation Options
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 | 2,000-6,100 SF | 9’ | 5-10 Years | $39.00 /SF/YR $3.25 /SF/MO $237,900 /YR $19,825 /MO | Triple Net (NNN) |
1st Floor
Stand-alone retail building along heavily traveled El Camino Real in Belmont. Owner will consider demising the building into smaller units. Rear yard is available which can be used for parking. Currently, on-street parking is available.
- 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
- Private Restrooms
- Finished Ceilings: 9’
- Classic Belmont Architecture
- Landlord will consider demising into smaller units
- Rear Yard that can be used for parking
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 1464 El Camino Real , Belmont, CA 94002
| Min. Divisible | 2,000 SF | Gross Leasable Area | 6,100 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront Retail/Office |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,100 SF |
| Year Built | 1960 |
About the Property
Stand-alone single or multi-tenant retail building. Currently set up as a single tenant building but Landlord will consider demising into smaller units. A short drive to Downtown Belmont, this property has high traffic counts. El Camino Real is a main thoroughfare from San Francisco down to San Jose. High daily traffic counts and high income within 5 miles. Close to 101, plenty of public transportation with CalTrain and SamTrans. Close to Stanford Health Center and other high-tech companies. Owner will consider a sale.
Nearby Major Retailers
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1464 El Camino Real
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