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The Terraces Shopping Center 28901 S Western Ave
1,196 - 10,074 SF of Retail Space Available in Rancho Palos Verdes, CA 90275
Highlights
- The Terraces is a 172,922 square foot shopping center anchored by Trader Joe's, LA Fitness, and Marshalls.
Space Availability (5)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 101 | 2,921 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 107 | 2,017 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 109 | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 123 | 1,196 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 2nd Floor, Ste 209 | 1,940 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
28901 S Western Ave - 1st Floor - Ste 101
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
28901 S Western Ave - 1st Floor - Ste 107
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
28901 S Western Ave - 1st Floor - Ste 109
28901 S Western Ave - 1st Floor - Ste 123
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
28901 S Western Ave - 2nd Floor - Ste 209
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
SELECT TENANTS AT The Terraces Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Centinela Feed and Pet Supplies
- Pet Shop/Supplies
- 28
- Local
- Goodwill
- Dollar/Variety/Thrift
- 6,141
- International
- Keller Williams Realty
- Real Estate
- 947
- International
- LA Fitness
- Fitness
- 948
- International
- Marshalls
- Dept Store
- 1,485
- International
- Trader Joe's
- Supermarket
- 710
- National
| Tenant | Description | US Locations | Reach |
| Centinela Feed and Pet Supplies | Pet Shop/Supplies | 28 | Local |
| Goodwill | Dollar/Variety/Thrift | 6,141 | International |
| Keller Williams Realty | Real Estate | 947 | International |
| LA Fitness | Fitness | 948 | International |
| Marshalls | Dept Store | 1,485 | International |
| Trader Joe's | Supermarket | 710 | National |
PROPERTY FACTS FOR 28901 S Western Ave , Rancho Palos Verdes, CA 90275
| Center Type | Community Center | Frontage | |
| Parking | 816 Spaces | Gross Leasable Area | 172,922 SF |
| Stores | 32 | Total Land Area | 11.15 AC |
| Center Properties | 2 | Year Built | 1959 |
| Center Type | Community Center |
| Parking | 816 Spaces |
| Stores | 32 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 172,922 SF |
| Total Land Area | 11.15 AC |
| Year Built | 1959 |
About the Property
The Terraces is a 172,922 square foot shopping center anchored by Trader Joe's, LA Fitness, and Marshalls. The five-mile demographics supporting the property are strong with a population of 313,217 and an average household income of $130,606. All information contained herein was obtained from sources deemed reliable. No guarantee is made with respect to accuracy. Specifications are subject to change without notice. The Terraces is an ROIC property.
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Nearby Major Retailers
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The Terraces Shopping Center | 28901 S Western Ave
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