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Rancherias Plaza 20220-20222 US Highway 18
19,769 - 39,769 SF of Retail Space Available in Apple Valley, CA 92307
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 20220 | 19,769 SF | Negotiable | $14.40 /SF/YR $1.20 /SF/MO $155.00 /m²/YR $12.92 /m²/MO $23,723 /MO $284,674 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 20222 | 20,000 SF | Negotiable | $14.40 /SF/YR $1.20 /SF/MO $155.00 /m²/YR $12.92 /m²/MO $24,000 /MO $288,000 /YR | Triple Net (NNN) |
1st Floor, Ste 20220
- Join local tenants Walmart, Ross Stores, Starbucks, Target, Albertsons - Approximately 19,769 square feet plus 690 square feet of finished mezzanine. - Well maintained PREMIER MARKET Strong economic development, planning and organizational programs has positioned Apple Valley as a dynamic and prosperous market during the economic expansion of the last half-decade. Today, its 74,266 residents enjoy the Victor Valley region' s premier housing and can now shop and dine locally with nearly 2.5 million square feet of retail space recently opened or under construction. Because Apple Valley' s greater trade area has been traditionally underserved, many of the new commercial enterprises are exceeding their company' s financial projections. More than 200 stores have opened since 2005, 53 of which have opened within the last 15 months, including; WinCo Foods, Best Buy, Super Target, UltraStar Cinema, Oggi's Pizza & Brewery, and Applebee' s. * Source Town of Apple Valley
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 39,769 SF of adjacent space
1st Floor, Ste 20222
- Join local tenants Walmart, CVS, Starbucks, Target, Albertsons - Approximately 19,741 square feet plus 690 square feet of finished mezzanine. - Well maintained PREMIER MARKET Strong economic development, planning and organizational programs has positioned Apple Valley as a dynamic and prosperous market during the economic expansion of the last half-decade. Today, its 74,266 residents enjoy the Victor Valley region' s premier housing and can now shop and dine locally with nearly 2.5 million square feet of retail space recently opened or under construction. Because Apple Valley' s greater trade area has been traditionally underserved, many of the new commercial enterprises are exceeding their company' s financial projections. More than 200 stores have opened since 2005, 53 of which have opened within the last 15 months, including; WinCo Foods, Best Buy, Bed Bath and Beyond, Super Target, the Town' s second Lowe' s Home Improvement Warehouse, UltraStar Cinema, Oggi's Pizza & Brewery, and Applebee' s. Another 25 retailers are expected to open by summer 2009, including; Cinemark Theater, 24-Hour Fitness, Office Max, Ross Dress for Less, Red Robin, and Buffalo Wild Wings. * Source Town of Apple Valley
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Can be combined with additional space(s) for up to 39,769 SF of adjacent space
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 20220-20222 US Highway 18 , Apple Valley, CA 92307
| Property Type | Retail | Total Land Area | 11.00 AC |
| Property Subtype | Supermarket | Year Built | 1991 |
| Gross Leasable Area | 39,769 SF | Parking Ratio | 5.03/1,000 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 39,769 SF |
| Total Land Area | 11.00 AC |
| Year Built | 1991 |
| Parking Ratio | 5.03/1,000 SF |
About the Property
• Join local tenants Walmart, Albertsons, Bank of America, Target, Ross Dress For Less, O’Reilly’s Auto Parts • Approximately 20,000 square feet • Former 99 Cent Only Store Ideal for Grocery and Fully Fixtured Refrigerated Cases, Reach-In Coolers and Freezers • Anchor Store in Center • Pylon Signage
- 24 Hour Access
- Dedicated Turn Lane
- Pylon Sign
- Signage
-
Eric Reuveni -
Los Angeles Commercial Real Estate Group
Presented by
Rancherias Plaza | 20220-20222 US Highway 18
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