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17400 Monterey St
2,800 SF of Retail Space Available in Morgan Hill, CA 95037
Highlights
- Prime Location
- Experienced Staff
- Attractive Assumable Lease
- Outdoor Seating
- Strong Customer Base
- Ready to Go and Grow
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 2,800 SF | 2-12 Years | $16.37 /SF/YR $1.36 /SF/MO $45,836 /YR $3,820 /MO | Modified Gross |
1st Floor, Ste B
Eve Capital is pleased to offer a unique opportunity to take over a beloved neighborhood favorite establishment, fully equipped with all furniture, fixtures and equipment. Enjoy a seamless start to ownership with the Seller’s support during the transition period. Sale includes all social media sites, catering license, as well the beer and wine license transfer with a potential upgrade available.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Freezer Space
- Corner Space
- Plug & Play
- Activity License
- Smoke Detector
- Prime Location
- Outdoor Seating
- Experienced Staff
- Growth Potential
- Charming Ambiance
- Strong Customer Base:
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 17400 Monterey St , Morgan Hill, CA 95037
| Total Space Available | 2,800 SF | Gross Leasable Area | 8,604 SF |
| Property Type | Retail | Year Built | 1929 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,604 SF |
| Year Built | 1929 |
About the Property
Business for sale $220,000. This listing is for the business with an assumable lease. GVA Cafe, also known as Grinds Vines & Automobilia is approximately 2800 sf with outdoor dining on the corner at 17400 Monterey Street in the heart of downtown Morgan Hill. The café offers a unique blend of services including a coffee shop, live music venue, and a sandwich shop. The interior features simple and clear menu displays, bar stool seating, and additional seating outside. It is noted for being dog-friendly with a designated "Puppy Parking" spot. GVA Café provides a variety of food and drink options, including sandwiches made to order, freshly baked pastries, organic and fair trade coffee, and gluten-free gelato. They also serve breakfast items like crepes and waffles, as well as lunch and dinner options such as corned beef sandwiches, pulled-pork sandwiches, and mini-chicken pot pies. The café is known for its creative menu offerings and occasional live music performances, making it a popular spot for both dining and entertainment? The café also caters to people who prefer working in a café environment by providing a space called "The Office," equipped with tables, portable outlets, and printers for daytime use, which transforms into a music lounge with live performances in the evening. The Lease is assumable at below market rates with a fee of $220,000. which includes FF&E's, Stock, licenses, and consulting time. For more detailed information, you can visit the GVA Café website.
- Corner Lot
- Courtyard
- Signage
- Signalized Intersection
- Storage Space
Nearby Major Retailers
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17400 Monterey St
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