This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
110 E Colorado Blvd
4,040 SF of Retail Space Available in Monrovia, CA 91016
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 4,040 SF | Negotiable | £24.14 /SF/PA £2.01 /SF/MO £259.79 /m²/PA £21.65 /m²/MO £97,507 /PA £8,126 /MO | Triple Net |
1st Floor
**DO NOT DISTURB CURRENT TENANT. SALE IS CONFIDENTIAL** **PLEASE CONTACT BROKER FIRST BEFORE GOING INTO THE RESTAURANT** Stand-alone building located one building East of S Myrtle Avenue in the Old Town Monrovia. Opens 6 days a week from Tuesday to Sunday 11:30 am to 9:30 pm. Ample city Parking is behind the building and there's additional street parking on the street. The business was established for more than 10 years. Patio space facing Colorado Blvd with a roof. Chef’s kitchen with a 12 feet hood for cooking & a hood for 2 pizza ovens and 3 separate walk-in chilled storage spaces for freezer, refrigerator, and alcohol spirit dispensers. There is more equipment for refrigeration. Air conditioning works good according to the Business owner. Grease interceptor. The ornament and or art on the wall are personal and the ice machine is leased equipment, and they are not included in this sale. Lease term expire in 5 years. The business name is not included in this sale due to the other locations. Delivery of possession shall be made in AS-IS condition. Price includes the type 47, hard liquor license. Asset sale. Asking Sales Price is reduced from to $430,000 to $350,000
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air Conditioning
- Kitchen
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 110 E Colorado Blvd , Monrovia, CA 91016
| Property Type | Retail | Year Built | 1930 |
| Property Subtype | Restaurant | Parking Ratio | 4.95/1,000 SF |
| Gross Internal Area | 4,040 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 4,040 SF |
| Year Built | 1930 |
| Parking Ratio | 4.95/1,000 SF |
Nearby Major Retailers
-
Ken Manabe -
Sky Line Commercial Real Estate
Presented by
110 E Colorado Blvd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.