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Retail/Restaurant space next to Walmart 1004 18th Ave NW 1,800 SF of Retail Space Available in Austin, MN 55912
Highlights
- Turn key retail space
- Pylon signage
- High visibility
- High ceilings
- Excellent cotenancy
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste E | 1,800 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $39,600 /YR $3,300 /MO | Triple Net (NNN) |
1st Floor, Ste E
Turn Key Retail Space next door to Shopko Optical in very busy center.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- National Co-Tenancy
- High Ceilings
- Floor to Ceilings Windows
- Large Parking Lot
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.
Select Tenants at Retail/Restaurant space next to Walmart
- Tenant
- Description
- US Locations
- Reach
- Austin Smoke Shop
- Retailer
- 1
- -
- Pizza Hut
- Pizza
- 7,088
- International
| Tenant | Description | US Locations | Reach |
| Austin Smoke Shop | Retailer | 1 | - |
| Pizza Hut | Pizza | 7,088 | International |
Property Facts
| Total Space Available | 1,800 SF | Gross Leasable Area | 13,155 SF |
| Property Type | Retail | Year Built | 2014 |
| Property Subtype | Storefront | Parking Ratio | 33.33/1,000 SF |
| Total Space Available | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,155 SF |
| Year Built | 2014 |
| Parking Ratio | 33.33/1,000 SF |
About the Property
Attractive retail/office space available in Austin, Minnesota! Strip center is located next to Walmart. Inline space would be excellent for a restaurant or retail use Space is predominately wide open with restrooms in the back. Large amount of glass frontage. Excellent parking. Pylon signage as well as large signage on fronts of spaces. Other tenants include Sun Tan City, Shopko Optical, Pizza Hut, and Austin Tobacco.
Nearby Major Retailers
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Retail/Restaurant space next to Walmart | 1004 18th Ave NW
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