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U.S. Bank 10 Merritt St 1,890 SF of Office/Retail Space Available in Lucasville, OH 45648



Highlights
- This property is THE prime piece of real estate in Lucasville!
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,890 SF | 5 Years | $21.00 /SF/YR $1.75 /SF/MO $39,690 /YR $3,308 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Bank
- Office intensive layout
- Fits 5 - 16 People
- Space is an outparcel at this property
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 | 1,890 SF | Gross Leasable Area | 1,890 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Bank | Parking Ratio | 5.29/1,000 SF |
| Total Space Available | 1,890 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 1,890 SF |
| Year Built | 2000 |
| Parking Ratio | 5.29/1,000 SF |
About the Property
- 1,890 SF retail building (formerly US Bank) situated on approximately 1.74 acres - This property has approximately 512' of frontage on US 23 and 80' of frontage on State Route 348. It is caddy corner from State Route 728. It is 1/2 mile south of State Route 823. - This property is situated in the best location on the best corner in Lucasville, which is a hotbed for business owners. * Giovanni's is the third highest-grossing store in a regional franchise that has about 100 locations * Wendy's has a top-performing location approximately 1/4 mile away * Biggby Coffee is in the top 20 highest-grossing stores in a large franchise of approximately 500 stores * Crabtree's Carpet & Flooring is a large performer in the flooring space - All utilities already on-site - The owners are open to the idea of razing the existing building, should a redevelopment project be in the cards. - This property is available for lease at an asking rate of $21–$25 per square foot on a five-year term with renewal options.
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U.S. Bank | 10 Merritt St
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