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Display Rental Rate as
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 23,524 SF | 10 Years | $11.00 /SF/YR $0.92 /SF/MO $118.40 /m²/YR $9.87 /m²/MO $21,564 /MO $258,764 /YR | Net |
Prime +/- 23,500 retail building on +/- 1.48 acres available along HWY 412, boasting approx. 29,000 VPD. Situated near high-traffic national retails such as Starbucks, Jiffy Lube, Lowe's, Popeye's, and just 0.5 miles from Walmart Supercenter, this location ensures maximum visibility and convenience. This property features 17 parking spaces, 1 drive-in door (8'x8'), 1 loading dock (8'x8'), a large showroom floor, manager's office, and two private restrooms. Conveniently zoned C-2, and previously used as a furniture store, this versatile property is ideal for retail, warehouse, or mixed-use businesses, offering endless potential in a thriving commercial corridor. Don't miss this rare opportunity to secure a prime location in a bustling area! Offered at $11 PSF on a Net Lease.
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 | 23,524 SF | Gross Leasable Area | 23,524 SF |
Property Type | Retail | Year Built | 2016 |
Property Subtype | Freestanding | Parking Ratio | 0.72/1,000 SF |
Total Space Available | 23,524 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 23,524 SF |
Year Built | 2016 |
Parking Ratio | 0.72/1,000 SF |
Prime +/- 23,500 retail building on +/- 1.48 acres available along HWY 412, boasting approx. 29,000 VPD. Situated near high-traffic national retails such as Starbucks, Jiffy Lube, Lowe's, Popeye's, and just 0.5 miles from Walmart Supercenter, this location ensures maximum visibility and convenience. This property features 17 parking spaces, 1 drive-in door (8'x8'), 1 loading dock (8'x8'), a large showroom floor, manager's office, and two private restrooms. Conveniently zoned C-2, and previously used as a furniture store, this versatile property is ideal for retail, warehouse, or mixed-use businesses, offering endless potential in a thriving commercial corridor. Don't miss this rare opportunity to secure a prime location in a bustling area! Offered at $11 PSF on a Net Lease.
COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
---|---|---|---|---|
Hwy 412 E | Timothy, E | 22,000 | 2017 | 0.08 mi |
Hwy 412 E | Progress Ave, W | 25,551 | 2021 | 0.14 mi |
412 | Progress Ave, W | 28,000 | 2020 | 0.15 mi |
Progress Ave | Sunset Ave, N | 4,299 | 2021 | 0.50 mi |
Hwy 412 E | Progress Ave, E | 27,185 | 2021 | 0.53 mi |
16 | Sunset Ave, N | 4,200 | 2020 | 0.54 mi |
412 | Progress Ave, E | 29,000 | 2020 | 0.56 mi |
State Hwy 59 | Hwy 412 E, S | 11,000 | 2017 | 0.57 mi |
412 | Ravenwood Blvd, W | 27,000 | 2020 | 0.65 mi |
EMAINST | Ravenwood Blvd, W | 2,700 | 2020 | 0.66 mi |