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Feve Building 711-713 Santa Cruz Ave 776 - 3,024 SF of Space Available in Menlo Park, CA 94025
HIGHLIGHTS
- Walking distance to restaurants and amenities, such as Ayesha Curry’s Clarks Oyster Bar (under development
- ±31,727 CPD at El Camino Real & Santa Cruz Avenue
- Near Cal Trans station
- High visibility with strong foot traffic
- Ample street parking and public lot in rear
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 711 | 2,248 SF | Negotiable | $48.00 /SF/YR $4.00 /SF/MO $516.67 /m²/YR $43.06 /m²/MO $8,992 /MO $107,904 /YR | Triple Net (NNN) | ||
| 2nd Floor, Ste Suite 5 | 776 SF | Negotiable | $54.00 /SF/YR $4.50 /SF/MO $581.25 /m²/YR $48.44 /m²/MO $3,492 /MO $41,904 /YR | Full Service |
1st Floor, Ste 711
Downtown Menlo Park Retail Space for Lease This is a fantastic opportunity to lease a retail space in the heart of downtown Menlo Park, California. The available suite is 2,248 square feet and is available immediately. The property is located at 711 Santa Cruz Avenue, which is within walking distance to many restaurants and amenities, including the new Clarks Oyster Bar by Ayesha Curry. The property has high visibility and strong foot traffic, with an estimated 31,727 cars passing by daily. There is also plenty of street and public parking available. The lease rate is $4.00 per square foot per month, with NNN expenses of $0.65 per square foot per month. The surrounding area is home to a variety of businesses, including Walgreens, Staples, BevMo!, UPS, Safeway, Trader Joe's, Round Table Pizza, Cold Stone Creamery, Baskin Robbins, and more. The demographics of the area are also very favorable, with a population of over 6,000 within a 2-mile radius. The average household income in the area is over $250,000. This is an ideal location for a variety of retail stores and service businesses. Additional Information: -The property is located near the Caltrain station, making it easily accessible to public transportation. -The property is also located near major freeways, making it easy to get to and from the property. -The property is in a high-traffic area, with an estimated 31,727 cars passing by daily. -The property is surrounded by a variety of businesses, including restaurants, retail stores, and service businesses. -The demographics of the area are very favorable, with a population of over 6,000 within a 2-mile radius. -The average household income in the area is over $250,000. Call today to schedule a tour! Brian Spohr 669-696-3654 BSpohr@kennedywilson.com DRE #02081921
- Lease rate does not include utilities, property expenses or building services
2nd Floor, Ste Suite 5
Small private office space, located on second floor of a two story office and retail building New carpet and paint
- Rate includes utilities, building services and property expenses
- Partially Built-Out as Standard Office
- Fits 2 - 7 People
- 2 Private Offices
- Kitchen
- Small private office space
- New carpet and paint
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
| Total Space Available | 3,024 SF | Gross Leasable Area | 9,600 SF |
| Property Type | Retail | Year Built/Renovated | 1970/2013 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 3,024 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,600 SF |
| Year Built/Renovated | 1970/2013 |
NEARBY MAJOR RETAILERS
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Feve Building | 711-713 Santa Cruz Ave
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