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Buena Park Koreatown Retail Center 7840-7856 Commonwealth Ave
1,070 SF of Retail Space Available in Buena Park, CA 90621
Highlights
- 2017 traffic counts: Beach Blvd & Commonwealth Ave approximately 60k cars daily
- Ample, gated parking
- Corner lot visibility
- Centrally located in Buena Park's Koreatown district
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, Ste Unit B | 1,070 SF | 9’ | 3-5 Years | $39.00 /SF/YR $3.25 /SF/MO $41,730 /YR $3,478 /MO | Triple Net (NNN) |
1st Floor, Ste Unit B
Call to show.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Finished Ceilings: 9’
- Centrally Located in Buena Park Koreatown
- Nearby Retail Amenities
- 5 & 91 Freeway Access
- Ample Parking Available
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 Buena Park Koreatown Retail Center
- Tenant
- Description
- US Locations
- Reach
- Gamja Gol
- Accommodation and Food Services
- -
- -
- Teaish & Coffee
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Gamja Gol | Accommodation and Food Services | - | - |
| Teaish & Coffee | Accommodation and Food Services | - | - |
PROPERTY FACTS FOR 7840-7856 Commonwealth Ave , Buena Park, CA 90621
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront | Parking Ratio | 5.09/1,000 SF |
| Gross Leasable Area | 6,685 SF | Cross Streets | Darlington Ave |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 6,685 SF |
| Year Built | 1950 |
| Parking Ratio | 5.09/1,000 SF |
| Cross Streets | Darlington Ave |
About the Property
Newly renovated retail center centrally located in Buena Park's highly desirable Koreatown. This stretch of road along Beach Blvd is the newest and fastest growing Koreatown market in Southern California. Major retailers/centers nearby include HMart, Hannam Chain, Zion Market, Paris Baguette, and The Source OC. Easy access to the 91 & 5 Freeways and mass transit is not far off via the Buena Park Metrolink Station. This property features current tenants Teaish & Coffee and Gamja Gol, a longtime staple of the Los Angeles Koreatown area since 1994 that is expanding to Orange County. Zoned CG, General Commercial, allows a varied mix of uses which include most retail sales, professional uses, studio, service-oriented, as well as restaurant/food service type of establishments.
- Corner Lot
- Fenced Lot
- Signage
- Air Conditioning
Nearby Major Retailers
Presented by
Buena Park Koreatown Retail Center | 7840-7856 Commonwealth Ave
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