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Monrovia Santa Fe Depot 1709 S Myrtle Ave
2,500 - 5,000 SF of Retail Space Available in Monrovia, CA 91016
Highlights
- Award winning design
- Existing utilities and hook ups for a restaurant as well as a grease trap
- Mountain Views
- Large outdoor patio
Space Availability (2)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 2,500 SF | 3-10 Years | £18.96 /SF/PA £1.58 /SF/MO £204.09 /m²/PA £17.01 /m²/MO £47,401 /PA £3,950 /MO | Triple Net | ||
| 1st Floor | 2,500 SF | 3-10 Years | £18.96 /SF/PA £1.58 /SF/MO £204.09 /m²/PA £17.01 /m²/MO £47,401 /PA £3,950 /MO | Triple Net |
1st Floor
Total Area is approximately 5,000 square feet, the building space is 2,500 square feet and outdoor patio is 2,500 square feet. The total seating capacity approximately 190.
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 5,000 SF of adjacent space
- Direct access to train station.
- Direct access to Station Square Park.
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 5,000 SF of adjacent space
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 1709 S Myrtle Ave , Monrovia, CA 91016
| Property Type | Retail | Year Built/Renovated | 1924/2018 |
| Property Subtype | Restaurant | Parking Ratio | 10/1,000 SF |
| Gross Internal Area | 5,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 5,000 SF |
| Year Built/Renovated | 1924/2018 |
| Parking Ratio | 10/1,000 SF |
About the Property
The historic Santa Fe Depot in Monrovia is a Spanish Colonial Style building originally built in 1924. It has been converted into a restaurant space, but was restored so that all the historic elements of the building were preserved. Directly outside of the building is a pedestrian promenade and an outdoor music amphitheater and is approximately a one-to-two-minute walk to the new Monrovia Gold Line Station. The site is a part of Monrovia’s Station Square redevelopment plan, which has included the development of large-scale multi-family properties within a one-to-two-minute walk to the Historic Santa Fe Depot. There are close to 700 existing multi-family units, and another 716 units under construction all of which should be completed within the next 12 months. The project is in partnership with the City of Monrovia, which is willing to work with the tenant of the Santa Fe Deport to serve the Beer & Wine music festival as well as any other public event organized at the Station Square Park right out front of the restaurant.
- Bus Route
- Commuter Rail
- Conferencing Facility
- Courtyard
- Freeway Visibility
- Public Transport
- Restaurant
- Signage
- Tenant Controlled HVAC
- Kiosk/Cart Space
- Storage Space
- Monument Signage
- Balcony
Nearby Major Retailers
-
Todd Samuelson -
Samuelson & Fetter
Presented by
Monrovia Santa Fe Depot | 1709 S Myrtle Ave
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