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1272 The Strand, Hermosa Beach, CA 90254 1250-1272 The Strand
2,193 SF of Retail Space Available in Hermosa Beach, CA 90254
Highlights
- Perfect for Gourmet Mini Market or Cafe Serving Beer & Wine
- Open Outdoor Patio in Back of Premise and Patio Along The Strand Overlooking the Ocean
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 2,193 SF | Negotiable | £68.24 /SF/PA £5.69 /SF/MO £734.57 /m²/PA £61.21 /m²/MO £149,658 /PA £12,472 /MO | Triple Net |
1st Floor
Open Outdoor Patio in back Premise and Patio Along Strand overlooking the ocean Perfect for Gourmet Mini Market or Cafe Serving Beer & Wine
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
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.
SELECT TENANTS AT 1272 The Strand, Hermosa Beach, CA 90254
- Tenant
- Description
- US Locations
- Reach
- Good Stuff Restaurants
- Restaurant
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Good Stuff Restaurants | Restaurant | 1 | Local |
PROPERTY FACTS FOR 1250-1272 The Strand , Hermosa Beach, CA 90254
| Property Type | Retail | Year Built | 1946 |
| Property Subtype | Retail | Parking Ratio | 2.83/1,000 SF |
| Gross Internal Area | 7,020 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Internal Area | 7,020 SF |
| Year Built | 1946 |
| Parking Ratio | 2.83/1,000 SF |
About the Property
This unique restaurant/cafe/market opportunity is located on the pier in the heart of downtown Hermosa Beach. It is a premier shopping, entertainment and dining destination that draws South Bay locals and millions of tourists annually. There are close to 500,000 individuals that visit the beach each month, rising to between 800,000 and 1.2 million visitors in summer months. Hermosa Beach is an affluent community with an average household income of $253,122 in a one-mile radius and a median home price averaging $1.65 Million. The iconic 1272 The Strand is located on the strand steps away from the strand with extraordinary views of the ocean.
- Waterfront
Nearby Major Retailers
-
Power Broker Maryl Haire-Binney -
Highland Partners Corp
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1272 The Strand, Hermosa Beach, CA 90254 | 1250-1272 The Strand
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