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Abel Plaza 52-118 S Abel St
2,800 SF of Retail Space Available in Milpitas, CA 95035
Highlights
- Area boasts thousands of residential homes and apartments within walking distance. Strong residential community.
- Well-situated along the heavily trafficked S. Abel St. and W Calaveras Blvd.
- Big box, national tenants nearby include Walmart, Home Depot, and Kohls.
- Ample parking available for customers and employees. Notable property features include a food court and pylon signage.
Space Availability (1)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor, Ste 114-118 | 2,800 SF | 9 ft | 5 Years | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | Modified Gross |
52-118 S Abel St - 1st Floor - Ste 114-118
Previously a grocery store. Flexible use and great location.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air Conditioning
- Private Restrooms
- Drop Ceilings
- Finished Ceilings: 9 ft
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 52-118 S Abel St , Milpitas, CA 95035
| Centre Type | Neighborhood Center | Frontage | 314 ft on S Abel St |
| Parking | 103 Spaces | Gross Leasable Area | 32,030 SF |
| Stores | 16 | Total Land Area | 3.11 AC |
| Centre Properties | 1 | Year Built | 1985 |
| Centre Type | Neighborhood Center |
| Parking | 103 Spaces |
| Stores | 16 |
| Centre Properties | 1 |
| Frontage | 314 ft on S Abel St |
| Gross Leasable Area | 32,030 SF |
| Total Land Area | 3.11 AC |
| Year Built | 1985 |
About the Property
Abel Plaza located near I-880 and I-237 thoroughfares, as well as Calaveras Rd. This shopping center is easily accessible. The plaza has security cameras supported by Bay Alarm for added safety and security. The center has recently undergone refurbishment and maintenance, including roof repair and repaving of the front parking lot, with the back lot currently being repaved. The landlord provides weekly groundskeeping and landscaping maintenance, as well as a maintenance engineer to address any issues quickly and efficiently. Additionally, the monument sign has been recently refurbished, with a spot available for added visibility.
- Bus Route
- Security System
- Signage
- Tenant Controlled HVAC
- Monument Signage
DEMOGRAPHICS
Demographics
Nearby Major Retailers
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Mike Ngo - Abel Plaza
Presented by
Abel Plaza
Abel Plaza | 52-118 S Abel St
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