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1000-1030 7th Ave 3,200 - 10,092 SF of Retail Space Available in Marion, IA 52302
HIGHLIGHTS
- Situated on the prominent corner of 7th Avenue and 10th Street
- Exterior sidewalk access to the new sidewalk streetscape
- High Visibility
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Basement | 6,892 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $82,704 /YR $6,892 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste Main Floor Corner | 3,200 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $57,600 /YR $4,800 /MO | Triple Net (NNN) |
1st Floor, Ste Basement
Lease Rate: $12.00 - 18.00 SF/yr (NNN) Year Built: 1880 Property Type: Retail Building Size: 13,784 SF
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Security System
- Smoke Detector
- Wheelchair Accessible
- Prime retail space
- High ceilings
- Ideal Restaurant Space
2nd Floor, Ste Main Floor Corner
Lease Rate: $12.00 - 18.00 SF/yr (NNN) Year Built: 1880 Property Type: Retail Building Size: 13,784 SF
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Security System
- Smoke Detector
- Wheelchair Accessible
- Prime retail space
- High ceilings
- Ideal Restaurant Space
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 | 10,092 SF | Gross Leasable Area | 13,784 SF |
| Property Type | Retail | Year Built | 1880 |
| Property Subtype | Freestanding |
| Total Space Available | 10,092 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 13,784 SF |
| Year Built | 1880 |
ABOUT THE PROPERTY
Take advantage of this rare opportunity to lease a prime retail space in Uptown Marion. The space offers high visibly, with high ceilings and historic charm. The space would be an ideal restaurant space with the possibility to develop a concept that could develop a patio or deck off the back of the building connecting with the Art Alley and a lower level with an exterior sidewalk access to the new sidewalk streetscape.
- Freeway Visibility
- Restaurant
- Security System
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
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1000-1030 7th Ave
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