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RETAIL/CAFE SPACE IN PRIME BURBANK 150 N Palm Ave
2,000 SF of Retail Space Available in Burbank, CA 91502
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 152 | 2,000 SF | Negotiable | £72.14 /SF/PA £6.01 /SF/MO £144,270 /PA £12,023 /MO | Triple Net |
1st Floor, Ste 152
The subject space is a 2,000 sq ft space that was formerly occupied by Sketchers Shoes. The space is located dead center in the project with unbelievable exposure and visibility. Landlord is looking for a Tenant to activate the Project. Food use is permitted and Landlord is willing to contribute toward the opening of the right user.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail 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.
PROPERTY FACTS FOR 150 N Palm Ave , Burbank, CA 91502
| Property Type | Retail | Gross Internal Area | 2,000 SF |
| Property Subtype | Restaurant | Year Built | 2007 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 2,000 SF |
| Year Built | 2007 |
About the Property
The Subject Property known as the Burbank Collection is the Tri-Cities premier entertainment destination. The retail component costs of some of regions most successful restaurant groups such as the Yard House, Silverlake Remen, Finney's, the Boiling Crab and Buffalo Wild Wings as well as a many quick serve concepts such as Chipotle, Slice House, Ben and Jerry's and Sushi Stop. The projects also sits below a 118 unit condo project,, across from a 270 unit apartment project and surrounded by 900 units under construction within a quarter mile radius. These restaurants and apartment units combined with one of the most successful AMC Theatres in the country, have contributed to the success of the Project.
Nearby Major Retailers
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RETAIL/CAFE SPACE IN PRIME BURBANK | 150 N Palm Ave
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