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2 New Ground Floor Retail Condos For Lease 4115 El Camino Real
1,992 - 4,612 SF of Retail Space Available in Palo Alto, CA 94306
Highlights
- Two Ground Floor Retail Condos For Lease or Sale
- Underground Parking with Direct Elevator Access
- Extremely Strong Demographics with Household Incomes in Excess of $197,000 in a 1-Mile Radius
- Brand New Mixed-Use Development
- Located on El Camino Real Near W Charleston Rd - 1 Mile from Page Mill Rd & 2.8 Miles from Downtown Palo Alto
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 2,620 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 2 | 1,992 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 1
1st Floor, Ste 2
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 4115 El Camino Real , Palo Alto, CA 94306
| Property Type | Retail | Year Built | 2023 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.22/1,000 SF |
| Gross Leasable Area | 6,896 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,896 SF |
| Year Built | 2023 |
| Parking Ratio | 5.22/1,000 SF |
About the Property
Brand new mixed-use development currently under construction. 2 ground floor retail condos for lease and for sale. Rare owner user opportunity to lease or purchase a brand-new retail condo on El Camino Real in Palo Alto. Underground parking with direct elevator access. 1-mile from Page Mill Road and 2.8 miles from Downtown Palo Alto. The property is located on El Camino Real near W Charleston Road. Extremely strong demographics with household incomes in excess of $197,000 in a 1-mile radius.
Nearby Major Retailers
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2 New Ground Floor Retail Condos For Lease | 4115 El Camino Real
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