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Lantern Plaza 28940-28950 Golden Lantern 1,008 sq ft of Retail Space Available in Laguna Niguel, CA 92677
HIGHLIGHTS
- Former Acupuncture Suite
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste E | 1,008 sq ft | Negotiable | £26.65 /sq ft pa £2.22 /sq ft pcm £26,866 pa £2,239 pcm | Triple Net |
28940 Golden Lantern - 1st Floor - Ste E
• In-line Shop Space Available - Former Acupuncture Suite • Located at Major South Orange County Thoroughfare • Strong Incomes (over $125,000 Average HH Income) • Great Visibility to Crown Valley Pkwy. and Golden Lantern • Large Number of Households in the Trade Area
- Lease rate does not include utilities, property expenses or building services
- Fully Fit-Out as Standard Retail Unit
- Located in-line with other retail
- Space is in Excellent Condition
- Former Acupuncture Suite
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 (NNN) 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 rent 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 rent 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
| Total Space Available | 1,008 sq ft | Frontage | |
| Centre Type | Retail Park | Net Internal Area | 16,502 sq ft |
| Parking | 45 Spaces | Total Land Area | 1.76 ac |
| Centre Properties | 2 | Year Built | 1986 |
| Total Space Available | 1,008 sq ft |
| Centre Type | Retail Park |
| Parking | 45 Spaces |
| Centre Properties | 2 |
| Frontage | |
| Net Internal Area | 16,502 sq ft |
| Total Land Area | 1.76 ac |
| Year Built | 1986 |
ABOUT THE PROPERTY
• Newly Renovated Mult-Tenant Strip Center • The Property is Located Along Crown Valley Parkway and Golden Lantern (Major Thoroughfare with 71,000+ CPD) • The Property Benefits from High Visibility and Easy Access, Making it a Hub for Both Local Residents and Visitors • Good Accessibility “Right-Turn In” and “Right-Turn Out” on Golden Lantern • Two Points of Ingress Egress • Abundant Parking • Strong Historical Occupancy and Ideal Co-Tenancy • Mature Trade Area with Limited Sites for Future Development • Highly Active Retail Corridor Along Crown Valley and Golden Lantern Draws Consistent Consumer Traffic from Surrounding Community’s Affluent Residents. • Excellent Demographics • Strong Incomes ($153,249 Average HH Income Located within 1-Mile Radius) • Large Number of Households in the Trade Area (109,078 Located within 5-Mile Radius) • Located in the Highly Sought After Laguna Niguel submarket • Surrounding Tenants Include: Whole Foods, Spout’s, Trader Joe’s, Ralph’s, Smart and Final, Pavilions, Stater Bros, Grocery Outlet, Albertsons, Costco, Target, CVS, Walmart, 24 Hour Fitness, The Home Depot, Marshalls, DSW, Tilly’s, Bath and Body Works, Old Navy, Hobby Lobby, Cinepolis, Ace Hardware, Regency Theaters, Bank of America, Wells Fargo, Chase Bank, Union Bank, US Bank, Schools First Credit Union, McDonalds, Chipotle, Chick-fil-A, El Pollo Loco, Starbucks, Verizon, In-n-out, Wendy’s, Mendocino Farms, Peet’s Coffee & Tea, 7-Eleven, Sherwin Williams and More!
NEARBY MAJOR RETAILERS
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Lantern Plaza | 28940-28950 Golden Lantern
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