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Monaco Event Space 16616 Ventura Blvd
1,000 - 4,400 SF of Space Available in Encino, CA 91436
Highlights
- Open Plan Lobby
- Kitchen, Freezer, and Storage Space
- Secured Parking
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor - Front Space | 1,200 SF | 1 Year | $78.00 /SF/YR $6.50 /SF/MO $93,600 /YR $7,800 /MO | Triple Net (NNN) | ||
| 1st Floor - Full Space | 2,200 SF | 1 Year | $78.00 /SF/YR $6.50 /SF/MO $171,600 /YR $14,300 /MO | Triple Net (NNN) | ||
| 1st Floor - Kitchen Space | 1,000 SF | 1 Year | $78.00 /SF/YR $6.50 /SF/MO $78,000 /YR $6,500 /MO | Triple Net (NNN) |
1st Floor - Front Space
- Lease rate does not include utilities, property expenses or building services
1st Floor - Full Space
- Lease rate does not include utilities, property expenses or building services
- Kitchen
- Secure Storage
- High Ceilings
- Secure Storage
- Secure Storage
- Industrial Kitchen
- Heavy foot traffic
1st Floor - Kitchen Space
- Lease rate does not include utilities, property expenses or building services
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 16616 Ventura Blvd , Encino, CA 91436
| Property Type | Retail | Year Built | 1963 |
| Property Subtype | Restaurant | Parking Ratio | 3.41/1,000 SF |
| Gross Leasable Area | 4,400 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 4,400 SF |
| Year Built | 1963 |
| Parking Ratio | 3.41/1,000 SF |
About the Property
Welcome to your new leasing opportunity at 16616 Ventura Blvd., a versatile commercial space boasting a prime location and ample amenities. This property presents an exciting opportunity for a variety of businesses seeking a dynamic and adaptable space. This property comes with the infrastructure of a fully-equipped restaurant, including a professional-grade kitchen with commercial appliances, stainless steel countertops, and ample storage space. Whether you're looking to establish a new culinary venture or expand an existing concept, the foundation is in place to bring your vision to life. The expansive lobby area offers a versatile canvas for your business needs. With an open floor plan and abundant natural light, this space lends itself to a multitude of possibilities. Whether you envision a chic café, a trendy co-working space, or a vibrant retail showroom, the possibilities are endless. Situated in a highly sought-after location, our space offers excellent visibility and accessibility. The property benefits from high foot traffic and easy access to major thoroughfares, ensuring maximum exposure for your business. Ideal for: Restaurants or Cafés Retail Showrooms Co-working Spaces Creative Studios Pop-up Shops Event Spaces Don't miss this opportunity to make your mark in one of the city's most vibrant neighborhoods. Schedule a viewing today to experience the potential of 16616 Ventura Blvd. firsthand and take the first step towards realizing your business goals.
Nearby Major Retailers
![[solidcore]](https://images1.loopnet.com/i2/X1DfwMFhQUJtrEvdN0O4PHppb1UchnIXcAPoILYKKzI/105/image.jpg "[solidcore]")
Presented by
Benelisha Group Inc.
Monaco Event Space | 16616 Ventura Blvd
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