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Display Rental Rate as
Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
1st Floor, Ste 200 | 6,200 SF | 10’ - 25’ | 3-10 Years | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $6,200 /MO $74,400 /YR | Triple Net (NNN) |
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 | 6,200 SF | Total Land Area | 1.00 AC |
Property Type | Retail | Year Built | 2005 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 1.49/1,000 SF |
Gross Leasable Area | 20,126 SF |
Total Space Available | 6,200 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Leasable Area | 20,126 SF |
Total Land Area | 1.00 AC |
Year Built | 2005 |
Parking Ratio | 1.49/1,000 SF |
With a newly renovated exterior, 50 Middletown Loop, Suite 200 offers 6,200 (+/-) total square feet via retail/mixed-use space. The building is positioned within the Middletown Commons, a dense retail corridor, roughly 0.4 mile to I-79, Exit 132. The suite was formerly utilized as a restaurant, however the current blank slate allows for a variety of uses. The space features high ceilings, plenty of off-street parking and a second level office area. The subject property is located in a developing area of Marion County where commercial and residential development have been occurring along the I-79 corridor. Access to I-79, Exit 132 can be achieved by traveling 0.3 mile northeast. Along Route 250 there is an average daily traffic count of 25,140 vehicles per day. (Provided by Esri and Data Axle, 2021).
COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
---|---|---|---|---|
US Hwy 250 | Southland Dr, S | 28,946 | 2022 | 0.11 mi |
US Hwy 250 | I- 79, N | 1,905 | 2022 | 0.12 mi |
I- 79 | US Hwy 250, NW | 7,366 | 2020 | 0.14 mi |
I- 79 | Hwy 250, NW | 7,127 | 2022 | 0.14 mi |
I- 79 | US Hwy 250, NE | 2,265 | 2020 | 0.16 mi |
I- 79 | Hwy 250, NE | 2,220 | 2022 | 0.16 mi |
US Hwy 250 | Nasa Blvd, NE | 18,448 | 2022 | 0.21 mi |
Middletown Rd | Spencer Dr, E | 9,734 | 2022 | 0.26 mi |
US Hwy 250 | Nasa Blvd, SW | 20,883 | 2022 | 0.30 mi |
I- 79 | US Hwy 250, SW | 4,568 | 2020 | 0.32 mi |