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Display Rental Rate as
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,200 SF | Negotiable | $51.69 CAD/SF/YR $4.31 CAD/SF/MO $475,567 CAD/YR $39,631 CAD/MO | Triple Net (NNN) |
Freestanding second generation restaurant building. Hoods and Walk-In's in place. Some furniture Former Red Lobster
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.
| Total Space Available | 9,200 SF | Gross Leasable Area | 9,200 SF |
| Property Type | Retail | Year Built | 1993 |
| Property Subtype | Restaurant |
| Total Space Available | 9,200 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 9,200 SF |
| Year Built | 1993 |
Former Red Lobster Restaurant. Located on one of Sacramento's major shopping, entertainment, residential and commuter Streets, Howe Ave. This site provides a large, second generation restaurant opportunity in a strong Sacramento MSA location
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| Howe Ave | Hurley Way, S | 37,346 | 2022 | 0.13 km |
| Hurley Way | Howe Ave, W | 13,095 | 2022 | 0.26 km |
| Howe Ave | McGowen Way, S | 35,514 | 2022 | 0.33 km |
| Bell St | Hood Rd, N | 6,962 | 2018 | 0.36 km |
| Hurley Way | Ethan Way, W | 23,204 | 2022 | 0.45 km |
| Howe Ave | Arden Way, N | 35,091 | 2022 | 0.47 km |
| Arden Way | Travis Ln, E | 29,392 | 2022 | 0.55 km |
| Arden Way | Howe Ave, E | 38,503 | 2022 | 0.56 km |
| Ethan Way | - | 24,912 | 2022 | 0.57 km |
| Hurley Way | Wayland Ave, E | 12,224 | 2022 | 0.60 km |
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