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Restaurant Asset Sale and Sublease 229-235 N Maclay Ave 1,036 SF of Retail Space Available in San Fernando, CA 91340
SUBLEASE HIGHLIGHTS
- $100,000 key money.
- Lots of vehicle and pedestrian traffic.
- Private city with it’s own Police Department.
- Minutes away from the Courthouse.
- Close proximity to 5, 118 and 210 fwys.
- In the heart of desirable main street.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,036 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
$100,000 key money. Beer & wine license included. Restaurant name and concept available for purchase. Gorgeous patio Included in sale. Meticulously maintained plaza with courtyard. Great tenant mix. Parking available on a first come first serve basis. Lot’s of street and public parking lots available nearby.
- Sublease space available from current tenant
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Kitchen
- $100,000 key money.
- Beer & wine license included.
- Restaurant name & concept available for purchase.
- Gorgeous patio Included in sale.
- Meticulously maintained plaza with courtyard.
- Great tenant mix.
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
| Total Space Available | 1,036 SF | Gross Leasable Area | 9,374 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Restaurant | Parking Ratio | 0.75/1,000 SF |
| Total Space Available | 1,036 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 9,374 SF |
| Year Built | 2000 |
| Parking Ratio | 0.75/1,000 SF |
ABOUT THE PROPERTY
In the heart of desirable main street. Minutes away from the Courthouse. Lots of vehicle and pedestrian traffic. Private city with it’s own Police Department. Close proximity to 5, 118 and 210 fwys.
- Restaurant
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| N Maclay Ave | - | 18,704 | 2022 | 0.05 mi |
| 4th St | N Alexander St, NW | 5,280 | 2022 | 0.14 mi |
| N Brand Blvd | 3rd St, SW | 10,762 | 2022 | 0.15 mi |
| 4th St | N Brand Blvd, NW | 7,368 | 2022 | 0.19 mi |
| Truman St | San Fernando Mission Blvd, NW | 14,274 | 2022 | 0.23 mi |
| Harding Ave | - | 1,316 | 2022 | 0.24 mi |
| San Fernando Rd | S Maclay St, NW | 6,348 | 2022 | 0.29 mi |
| 5th St | N Alexander St, NW | 3,161 | 2022 | 0.35 mi |
| 5th St | N Brand Blvd, NW | 3,940 | 2022 | 0.37 mi |
| Park Ave | 4th St, NE | 2,412 | 2022 | 0.38 mi |
NEARBY MAJOR RETAILERS
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