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Retail, Restaurant, Office, Spa/Nails,Classes 633-637 Laurel St
3,172 SF of Retail Space Available in San Carlos, CA 94070
Highlights
- Excellent daytime employment # within 1 mile.
- Tall Ceilings.
- 600 public parking spaces within 2-3 blocks. 250 parking space Wheeler Plaza across Laurel Street.
- Excellent average HH income within 1 mile.
- 400 amps of electric power.
- Wells Fargo Bank across the Street. Doppio Zero Restaurant next door. 600 block is the most central and strongest in San Carlos.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 3,172 SF | 12’ | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $452.08 /m²/YR $37.67 /m²/MO $11,102 /MO $133,224 /YR | TBD |
1st Floor
- Located in-line with other retail
- Space In Need of Renovation
- Central Air Conditioning
- Private Restrooms
- High Ceilings
- Finished Ceilings: 12’
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 633-637 Laurel St , San Carlos, CA 94070
| Property Type | Retail | Year Built | 1941 |
| Property Subtype | Restaurant | Parking Ratio | 93.39/1,000 SF |
| Gross Leasable Area | 6,425 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,425 SF |
| Year Built | 1941 |
| Parking Ratio | 93.39/1,000 SF |
About the Property
In addition to what you see around 633 Laurel today, this is the very prime block in all of San Carlos with the city planning to further enhance both the front of the building and even the back alley parking area. Further, the city has approved 3,000,000 square feet of Class A Office and Biotech development, mostly by the REIT Alexandria. This means approximately 3,000,000 sf / 250 sf = 12,000 new employees in San Carlos alone. Plus, Redwood City next door approved another 5,000,000 sf, and so on and so on. We’ve also approved about 2,800 new housing units. With 2.5 people per unit, that’s 7,000 additional residents. https://www.sancarlosdowntownplan.com/ ZONING MU-DC-100: Mixed-Use Downtown Core: Allowable uses: retail, restaurant, commercial, and office (front 2,500 sf) uses, as well as res. dev. of up to 100 units/acre. Family Child Care, Small & Large, Residential Care Facilities, Instructional Services/Classes*, Artist Studios*, Vehicle Sales/Leasing*, Banks*, Theaters*, Bars*, Restaurants*, Convenience Grocery Store*, Food Preparation, Bed & Breakfast, Hotels* (if redeveloped with upper floors), Garden Center*, Business and Professional*, Medical and Dental* (if redeveloped with upper floor), General Personal Services*. *See potential limitations or permit process, if any in City of San Carlos municipal code and from a conversation with a city planner. https://www.codepublishing.com/CA/SanCarlos/#!/SanCarlos18/SanCarlos1805.html#18.05
- Bus Line
- Restaurant
- Signage
- Skylights
- Tenant Controlled HVAC
Nearby Major Retailers
-
Alexander Kent -
Symphonic Real Estate Services
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Retail, Restaurant, Office, Spa/Nails,Classes | 633-637 Laurel St
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