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540 Sandalwood Dr
6,242 SF of Retail Space Available in Calimesa, CA 92320
Highlights
- NNN Lease.
- Minimum 20 years lease with option to extend lease 4 times wit 5 years each extension for a total of 40 years NNN lease
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,242 SF | 5-10 Years | $28.17 CAD/SF/YR $2.35 CAD/SF/MO $175,827 CAD/YR $14,652 CAD/MO | Triple Net (NNN) |
1st Floor
Terms are $14,000 per month with a NNN. Minimum 20 years lease with option to extend lease 4 times wit 5 years each extension for a total of 40 years NNN lease
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Space is in Excellent Condition
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 540 Sandalwood Dr , Calimesa, CA 92320
| Total Space Available | 6,242 SF | Gross Leasable Area | 6,242 SF |
| Property Type | Retail | Year Built | 1998 |
| Property Subtype | Restaurant | Parking Ratio | 15.22/1,000 SF |
| Total Space Available | 6,242 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,242 SF |
| Year Built | 1998 |
| Parking Ratio | 15.22/1,000 SF |
About the Property
LEASE TERMS (Long term):Former Bob's Big Boy Minimum 5 to 10 years with option to do 10 more years with First right to purchase option. 1st year $9,000 per month with a NNN at $0.40 Per Building Sq Ft. 2nd Year $12,000 per month with a NNN at $0.40 Per Building Sq Ft. 3rd Year through 10th year is $15,000 per month with a NNN at $0.40 Per Building Sq Ft. ** Land Acres: 1.74 AC. Property currently vacant and in good condition business adjacent to the Calimesa 1-10 Freeway on/off ramp. Zoned (General Commercial) giving a developer many choices to choose from.
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
- Air Conditioning
Nearby Major Retailers
Contacts
-
Dieter Von Puschendorf -
Silvestre Madrigal Jr -
C21 AllStars, Commercial & Investment Group
Presented by
540 Sandalwood Dr
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