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Bldg B 1431 W Knox St

3,200 SF of Retail Space Available in Torrance, CA 90501

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 3,200 SF
  • Negotiable
  • $59.00 CAD/SF/YR $4.92 CAD/SF/MO $635.03 CAD/m²/YR $52.92 CAD/m²/MO $15,732 CAD/MO $188,789 CAD/YR
  • Full Service
Space Use
Retail
Availability
30 Days

Currently a retail business shop with 1-year lease term. This is the sublease transaction with the special rental rate due to the support from Tenant. Good deal to lease 3,300Sqf Retail or office space in a busy shopping center, next to Wall Mart. Current tenant is a used retail store, office, and warehouse, but restaurant use is acceptable as well. Tenant improvement is negotiable in LOI. New lease term is a minimum of 3 years. CAM: $0.87/Sqf. They still have 2 years until the current term ends (until Feb 2026).

  • Sublease space available from current tenant
  • Rate includes utilities, building services and property expenses
Space Size Term Rental Rate Rent Type
1st Floor 3,200 SF Negotiable $59.00 CAD/SF/YR $4.92 CAD/SF/MO $635.03 CAD/m²/YR $52.92 CAD/m²/MO $15,732 CAD/MO $188,789 CAD/YR Full Service

1st Floor

Size
3,200 SF
Term
Negotiable
Rental Rate
$59.00 CAD/SF/YR $4.92 CAD/SF/MO $635.03 CAD/m²/YR $52.92 CAD/m²/MO $15,732 CAD/MO $188,789 CAD/YR
Rent Type
Full Service
Space Use
Retail
Availability
30 Days

Currently a retail business shop with 1-year lease term. This is the sublease transaction with the special rental rate due to the support from Tenant. Good deal to lease 3,300Sqf Retail or office space in a busy shopping center, next to Wall Mart. Current tenant is a used retail store, office, and warehouse, but restaurant use is acceptable as well. Tenant improvement is negotiable in LOI. New lease term is a minimum of 3 years. CAM: $0.87/Sqf. They still have 2 years until the current term ends (until Feb 2026).

  • Sublease space available from current tenant
  • Rate includes utilities, building services and property expenses

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 broker 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 1431 W Knox St , Torrance, CA 90501

Property Type Retail
Gross Leasable Area 40,045 SF
Total Land Area 5.00 AC
Year Built 2005
Parking Ratio 1.76/1,000 SF

Features and Amenities

  • Bus Line
  • Food Court
  • Pylon Sign

Nearby Major Retailers

Burgerim
Mayweather Boxing + Fitness
Bank of Montreal
Citizens Business Bank
Starbucks
Flame Broiler
Great Steak & Potato Company
Luther Burbank Savings
Denny's
7 Leaves Cafe
  • Listing ID: 31894386

  • Date on Market: 2024-05-22

  • Last Updated:

  • Address: 1431 W Knox St, Torrance, CA 90501

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