Premier Summerland location currently permitted for C-1 use - Former Cafe´ Luna business and history of successful coffee shop establishments in the past. Lots of foot traffic from other local businesses as well as plenty of visibility from street frontage and freeway. Rare opportunity to occupy one of Summerland' s best known locations.
Premier Summerland location currently permitted for C-1 use. Included in lease offering is 1250+/- sq. foot building for C-1 use which includes "is applied to land that is appropriate for both retail and service commercial activities that serve the local community and, in the Coastal Zone, the traveling public as well." Also included is 445+/- sq. foot storage building behind C-1 building. Most current use was of "Coffee Shop.":
1250+/- main plus 445+/- storage
5 year initial lease.
Base rent is $5750.00/month with $500.00 Base Rent increases each year
NNN Expense approximately $0.70/SF
(50% property tax - $673.62/month. 50% Insurance - $138.46/month. Portion of landscaping fees and expenses.)
Tenant responsible for payment of all individually metered utilities, proportionate amount of any shared utilities (Water), and any Sanitary Fees associated with intended use.
Tenant to provide interior upgrades
*Actual lease terms established in contract