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1019-1021 Morro St

1,333 SF of Retail Space Available in San Luis Obispo, CA 93401

Highlights

  • Downtown San Luis Obispo location.

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Ceiling
  • Term
  • Rent
  • Service Type
  • 1st Floor
  • 1,333 SF
  • 12 ft
  • 3-5 Years
  • £23.50 /SF/PA £1.96 /SF/MO £252.94 /m²/PA £21.08 /m²/MO £31,324 /PA £2,610 /MO
  • Triple Net
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Hardwood floor, slat walls, recessed lighting, HVAC, fire sprinkler, twelve foot ceiling height, storefront display windows, storage/office, and ADA accessible

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Finished Ceilings: 12 ft
Space Size Ceiling Term Rent Service Type
1st Floor 1,333 SF 12 ft 3-5 Years £23.50 /SF/PA £1.96 /SF/MO £252.94 /m²/PA £21.08 /m²/MO £31,324 /PA £2,610 /MO Triple Net

1st Floor

Size
1,333 SF
Ceiling
12 ft
Term
3-5 Years
Rent
£23.50 /SF/PA £1.96 /SF/MO £252.94 /m²/PA £21.08 /m²/MO £31,324 /PA £2,610 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Hardwood floor, slat walls, recessed lighting, HVAC, fire sprinkler, twelve foot ceiling height, storefront display windows, storage/office, and ADA accessible

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Space is in Excellent Condition
  • Finished Ceilings: 12 ft

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 agent 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 1019-1021 Morro St , San Luis Obispo, CA 93401

Property Type Retail
Property Subtype Storefront
Gross Internal Area 3,000 SF
Year Built/Renovated 1950/1990

About the Property

Downtown San Luis Obispo, 1,333 square feet of charming retail space including storage/office, hardwood floor, slat walls, recessed lighting, HVAC, fire sprinkler, twelve foot ceiling height, storefront display windows and handicapped accessible. Located between San Luis Obispo Chamber of Commerce and Victoria Secret/Apple Store and a convenient one block walk from two of the three city parking structures. Base rent $2.50 per square foot plus NNN allocation. Base Rent: $3,350.00 NNN Allocation: $ 400.00 Total $3,750.00 Three-to-five-year lease, security deposit of $3,750 and available beginning of November 2024.

Walk Score ®
Walker's Paradise (99)
Bike Score ®
Biker's Paradise (92)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Urbane Cafe
U.S. Bank
Banc of California
Bank of America
The Habit Burger Grill
Bank of the Sierra
Mr. Pickle's Sandwich Shop
Jazzercise
Chase Bank
  • Listing ID: 23974917

  • Date on Market: 21/10/2024

  • Last Updated:

  • Address: 1019-1021 Morro St, San Luis Obispo, CA 93401

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