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685 Lighthouse Ave
1,440 SF of Retail Space Available in Monterey, CA 93940
Highlights
- Ideally situated on the highly trafficked Lighthouse & Hoffman Avenue.
- The location boasts a robust walk score, accompanied by a multitude of public transportation options.
- Historic architectural design with modern interior finishes.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 1,440 SF | Negotiable | £23.78 /SF/PA £1.98 /SF/MO £255.98 /m²/PA £21.33 /m²/MO £34,245 /PA £2,854 /MO | Triple Net |
1st Floor
Lighthouse is two lanes in both directions and is the busiest street on the Monterey Peninsula.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Private Restrooms
- Fully Carpeted
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 685 Lighthouse Ave , Monterey, CA 93940
Property Type | Retail | Year Built | 2000 |
Gross Internal Area | 18,464 SF |
Property Type | Retail |
Gross Internal Area | 18,464 SF |
Year Built | 2000 |
About the Property
Lighthouse Avenue is widely recognized as the thriving epicenter of commercial activity in Monterey. Prominently situated on Lighthouse Avenue, Lighthouse Square stands as a remarkable testament to exemplary architectural design. This distinguished establishment houses esteemed co-tenants, namely On The Beach Surf Shop and La Bahia Mexican Restaurant.
- Signage
Nearby Major Retailers
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685 Lighthouse Ave
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