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Holland Groves 2408-2480 Stearns St
1,216 SF of Retail Space Available in Simi Valley, CA 93063
Highlights
- Directly near major freeway.
- Affluent neighborhood.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2464 | 1,216 SF | Negotiable | $24.00 USD/SF/YR $2.00 USD/SF/MO $258.33 USD/m²/YR $21.53 USD/m²/MO $2,432 USD/MO $29,184 USD/YR | Triple Net (NNN) |
2408-2480 Stearns St - 1st Floor - Ste 2464
Freeway adjacent shopping center. ±1,216 SF retail space available.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- High visibility.
- High traffic area.
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 2408-2480 Stearns St , Simi Valley, CA 93063
| Center Type | Neighborhood Center | Frontage | 179’ on Cochran St |
| Parking | 115 Spaces | Gross Leasable Area | 27,948 SF |
| Center Properties | 2 | Total Land Area | 2.48 AC |
| Center Type | Neighborhood Center |
| Parking | 115 Spaces |
| Center Properties | 2 |
| Frontage | 179’ on Cochran St |
| Gross Leasable Area | 27,948 SF |
| Total Land Area | 2.48 AC |
About the Property
Population over 109,000 in 5-mile radius. Average household income over $129,000 in 2-mile radius. Directly near the 118 Freeway on and off-ramp
-
Austin Harrell -
illi Commercial Real Estate
Presented by
Holland Groves | 2408-2480 Stearns St
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