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Shoppes at Lakes Entertainment Center 1230 Lakes Dr
7,400 SF of Retail Space Available in West Covina, CA 91790
Highlights
- Seating for approximately 200 customers.
- Kitchen is equipped 3 hoods (8', 15' and 18'), pizza oven, prep and storage areas, live seafood tank, separate walk- in refrigerator and freezer, and
- Employees’ facilities include separate break area, employees’ restrooms, and manager’s office.
- Bar area with 25' bar: 16 seats and hightop tables.
- 2 separate restrooms for men and women.
- 2 outdoor patio spaces totaling approximately 850 sq ft.
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor | 0.17 AC | 10 ft | Negotiable | £28.17 /SF/PA £2.35 /SF/MO £303.20 /m²/PA £25.27 /m²/MO £208,445 /PA £17,370 /MO | Triple Net |
1st Floor
This commercial property located at 1230 Lakes Drive, West Covina offers a unique leasing opportunity for a 2nd generation restaurant in a prime location. This spacious area is ideal for a large restaurant format capable of accommodating approximately 200 seats. The space features essential amenities such as hood system, grease trap, walk-in refrigerator and freezer, and furnished interior, significantly reducing initial setup costs and time. Link to 3D Matterport Tour: https://my.matterport.com/show/?m=DhgkYHBEz5b
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Central Air Conditioning
- Kitchen
- Private Restrooms
- Freezer Space
- Corner Space
- Finished Ceilings: 10 ft
- Professional Lease
- Seating for approximately 200 customers.
- Bar area with 25' bar: 16 seats and hightop tables
- Fully equipped kitchen
- 2 separate restrooms for men and women.
- Employees’ facilities in the back.
- 2 outdoor patio spaces totaling approximately 850
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 1230 Lakes Dr , West Covina, CA 91790
| Property Type | Retail | Total Land Area | 1.09 AC |
| Property Subtype | Restaurant | Year Built | 2005 |
| Gross Internal Area | 18,610 SF | Parking Ratio | 10/1,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 18,610 SF |
| Total Land Area | 1.09 AC |
| Year Built | 2005 |
| Parking Ratio | 10/1,000 SF |
About the Property
Property Description - Anchored by Regal Edwards West Covina with 18 screens. - Strong co-tenancy with Kopan Sushi & Ramen, Noypitz Bar & Grill, Ice Cream Chef, Jasmine Hookah and more. - Freeway facing monument sign with excellent exposure available. - Easily accessible 4-story parking structure. - Convenient location directly off 10 fwy and S. Vincent Ave. Area Highlights: - The Lakes at West Covina office building: 176k sq ft with 95%+ occupancy. - The Colony at the Lakes Apartments: 450 units luxury mid-rise apartments. - Marketplace at the Lakes: Adjoining shopping center with Jerome’s Furniture, Michael’s, Columbia Sportswear. - Plaza West Covina: Super regional mall across S. Vincent Ave. with 185 stores covering over 1.2m sq ft. - Bustling retail corridor adjacent to the property with healthy mix of local businesses. - West Covina Civic Center with City Hall, West Covina Library, LA Superior Court, Police Dept, etc. less than 1 mile away.
Nearby Major Retailers
-
Darren Diau -
Golden West Property Management
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Shoppes at Lakes Entertainment Center | 1230 Lakes Dr
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