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Northwood Park Shopping Center 773 E Capitol Ave
2,500 - 5,000 SF of Retail Space Available in Milpitas, CA 95035
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, Ste 765 | 2,500 SF | 12’ | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $452.08 /m²/YR $37.67 /m²/MO $8,750 /MO $105,000 /YR | Triple Net (NNN) | |
1st Floor, Ste 769 | 2,500 SF | 12’ | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $452.08 /m²/YR $37.67 /m²/MO $8,750 /MO $105,000 /YR | Triple Net (NNN) |
1st Floor, Ste 765
Northwood Shopping Plaza soon to have Lee's Supermarket as the anchor. Three units are available for the potential businesses with size ranges from ±1,200 to ±2,500 SF or combine all three units up to ±6,200 SF. The ±2,500 SF is currently a lounge and soon to move out.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Finished Ceilings: 12’
- Display Window
- Near Montague Hwy
1st Floor, Ste 769
Northwood Shopping Plaza soon to have Lee's Supermarket as the anchor. Three units are available for the potential businesses with size ranges from ±1,200 to ±2,500 SF or combine all three units up to ±6,200 SF. The ±2,500 SF spacious unit formerly a cargo business.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Finished Ceilings: 12’
- Display Window
- Near Montague Hwy
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 773 E Capitol Ave , Milpitas, CA 95035
Property Type | Retail | Year Built | 1965 |
Property Subtype | Supermarket | Parking Ratio | 3.4/1,000 SF |
Gross Leasable Area | 35,000 SF | Cross Streets | Capitol Ave. & Trimble Rd. |
Property Type | Retail |
Property Subtype | Supermarket |
Gross Leasable Area | 35,000 SF |
Year Built | 1965 |
Parking Ratio | 3.4/1,000 SF |
Cross Streets | Capitol Ave. & Trimble Rd. |
About the Property
Northwood Shopping Plaza is a strip center with seven unique businesses will soon to have Lee's Supermarket as the anchor. Lee's Supermarket is a neighborhood grocery store serving both the San Jose and the Milpitas community. The strip center has three(3) units are available for the potential businesses to complement with Lee's Supermarket. The units have size ranges from ±1,200 to ±2,500 SF or combine all three units up to ±6,200 SF. Ideal for restaurant, retail including food-to-go, boba or tea houses, cafe and professional services.
- Freeway Visibility
- Restaurant
- Signage
- Monument Signage
Nearby Major Retailers
Presented by
Northwood Park Shopping Center | 773 E Capitol Ave
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