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Madrone Village 18605 Madrone Pl
1,577 - 4,503 SF of Office/Retail Space Available in Morgan Hill, CA 95037
Highlights
- High Quality Mission Style Construction.
- National Co-Tenants include FedEx, Chipotle, Peet’s Coffee & Tea, AT&T, Five Guys, Erik’s Delicafe, Anytime Fitness.
- Strong growing daytime employment population.
- Strong and Growing Daytime Employment Population.
- Excellent location off Hwy 101& Cochrane Road.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 120 | 1,577 SF | Negotiable | $33.00 /SF/YR $2.75 /SF/MO $355.21 /m²/YR $29.60 /m²/MO $4,337 /MO $52,041 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 160 | 2,926 SF | Negotiable | $33.00 /SF/YR $2.75 /SF/MO $355.21 /m²/YR $29.60 /m²/MO $8,047 /MO $96,558 /YR | Triple Net (NNN) |
755 Cochrane Rd - 1st Floor - Ste 120
Suite 120 is 1,577 square feet of retail/office space. The suite is an in-line space with onsite parking.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Open Floor Plan Layout
- Natural Light
- Ample parking.
755 Cochrane Rd - 1st Floor - Ste 160
Suite 160 is 2,926 square feet of retail/office space that is in-line. The suite is a former yoga studio space. The site has ample onsite parking.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Open Floor Plan Layout
- Natural Light
- Ample 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.
SITE PLAN
PROPERTY FACTS FOR 18605 Madrone Pl , Morgan Hill, CA 95037
| Center Type | Neighborhood Center | Frontage | Cochrane Road |
| Parking | 135 Spaces | Gross Leasable Area | 39,268 SF |
| Stores | 12 | Total Land Area | 25.77 AC |
| Center Properties | 4 | Year Built | 2007 |
| Center Type | Neighborhood Center |
| Parking | 135 Spaces |
| Stores | 12 |
| Center Properties | 4 |
| Frontage | Cochrane Road |
| Gross Leasable Area | 39,268 SF |
| Total Land Area | 25.77 AC |
| Year Built | 2007 |
About the Property
Multi-tenant retail center located at 755 Cochrane Road. The center has ample onsite parking and excellent positioning off Hwy 101 & Cochrane Road. The national co-tenants include FedEx, Chipotle, Peet’s Coffee & Tea, AT&T, Five Guys, Erik’s Delicafe, Anytime Fitness.
- Pylon Sign
- Signage
Nearby Major Retailers
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Brian Mason -
Avison Young
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Madrone Village | 18605 Madrone Pl
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