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Display Rental Rate as
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 3,480 SF | Negotiable | $25.80 /SF/YR $2.15 /SF/MO $277.71 /m²/YR $23.14 /m²/MO $7,482 /MO $89,784 /YR | Triple Net (NNN) |
3,480± sf Building on Paved Parcel & Expansion Area on 16,660± sf Lot (APN #: 015-481-030), Plus possible drive-up and parking expansion on 12,320± sf Adjacent Parcel of Land @ 1135 Steele Lane (APN #: 015-481-035). Built out as a restaurant.
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.
Total Space Available | 3,480 SF | Gross Leasable Area | 3,480 SF |
Property Type | Retail | Year Built | 1981 |
Property Subtype | Freestanding | Parking Ratio | 4.6/1,000 SF |
Total Space Available | 3,480 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 3,480 SF |
Year Built | 1981 |
Parking Ratio | 4.6/1,000 SF |
2265 Cleveland Ave. is free standing building with 16 on-site parking and has been a successful Chinese restaurant since the 1980s. Kitchen equipment has been removed by previous operator. This is a great opportunity for a restaurateur to re-brand with room for outdoor patio or a national brand needing drive-up or national brand needing drive-up. The on-site parking and adjacent land gives a wide variety of business opportunity for Medical, Banks, offices, retail space uses as well its drive-up potential. Due to the close proximity to Bank of America, Whole Foods, and Target anchored Coddingtown Mall, the site has excellent potential for National tenant retail, banking, medical or other prominent national chain tenancies, or drive-thru redevelopment potential. This offering can include the vacant parcel, 1135 W. Steele Lane, the adjacent 0.28± AC (12,320± sf) parcel (APN #: 015-481-035), of land. This is a great opportunity for a national Tenant retail that has a need for more parking or exit access through W. Steele Lane.
COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
---|---|---|---|---|
W Steele Ln | McBride Ln, W | 6,946 | 2022 | 0.08 mi |
Guerneville Rd | Cleveland Ave, E | 32,677 | 2022 | 0.10 mi |
Steele Ln | Redwood Hwy, E | 45,468 | 2022 | 0.11 mi |
Cleveland Ave | Terry Ln, N | 14,157 | 2022 | 0.14 mi |
W Steele Ln | Guerneville Rd, SW | 7,863 | 2022 | 0.16 mi |
County Center Dr | Professional Dr, N | 7,490 | 2022 | 0.16 mi |
Redwood Highway | - | 141,492 | 2020 | 0.16 mi |
Steele Ln | Redwood Hwy, W | 50,173 | 2022 | 0.19 mi |
Range Ave | W Steele Ln | 9,505 | 2022 | 0.22 mi |
Guerneville Rd | Range Ave, SW | 26,729 | 2022 | 0.23 mi |