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201 N Citrus Ave
5,137 - 10,274 SF of Retail Space Available in Covina, CA 91723
Highlights
- Main artery between HWY 10 & HWY 210
- City View
- Located on Main Signalised Intersection
- Lots of Daylight
- Central Iconic Building
- Centerpiece of Oldtown Covina with Clock
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 5,137 SF | 14’ - 15’ | 5-10 Years | $42.00 /SF/YR $3.50 /SF/MO $452.08 /m²/YR $37.67 /m²/MO $17,980 /MO $215,754 /YR | Triple Net (NNN) | |
| 2nd Floor | 5,137 SF | 14’ - 15’ | 5-10 Years | $42.00 /SF/YR $3.50 /SF/MO $452.08 /m²/YR $37.67 /m²/MO $17,980 /MO $215,754 /YR | Triple Net (NNN) |
1st Floor
The first floor is a gastropub with the seating occupancy of 174 people with a central bar and 40 beer taps. The second floor is a lounge/nightclub which has a connected audio/video system to the first floor with a separate cocktail bar. Offices are located on the second floor only. The owner is open to leasing both floors or negotiating only the first floor.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 10,274 SF of adjacent space
- Finished Ceilings: 14’ - 15’
- Mostly Open Floor Plan Layout
- City Views
- Lots of Windows
- Roll Up Doors
2nd Floor
The first floor is a gastropub with the seating occupancy of 174 people with a central bar and 40 beer taps. The second floor is a lounge/nightclub which has a connected audio/video system to the first floor with a separate cocktail bar. Offices are located on the second floor only. The owner is open to leasing both floors or negotiating only the first floor.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 10,274 SF of adjacent space
- Finished Ceilings: 14’ - 15’
- Mostly Open Floor Plan Layout
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 201 N Citrus Ave , Covina, CA 91723
| Property Type | Retail | Year Built/Renovated | 1907/2009 |
| Property Subtype | Retail | Parking Ratio | 5.84/1,000 SF |
| Gross Leasable Area | 10,274 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 10,274 SF |
| Year Built/Renovated | 1907/2009 |
| Parking Ratio | 5.84/1,000 SF |
About the Property
Constructed in late 1800s, this beautiful 2 story 10,275 square feet structure is the oldest building in the rapidly growing area of downtown Covina. Newly retrofitted,high ceilings, exposed brick, updated interiors to rustic modern style, highly visible located in the heart of old town Covina makes this a desirable space for a thriving business.
Nearby Major Retailers
Presented by
Raul Trevino
201 N Citrus Ave
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