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101 W Louisiana St, STE B (Retail) 101 W Louisiana St 1,881 SF of Retail Space Available in McKinney, TX 75069
HIGHLIGHTS
- Heavy traffic
- Open floor plan
- Lots of natural light
- Great visibility
- Exquisite built-out space
- Iconic space
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 1,881 SF | 5 Years | $35.00 /SF/YR $2.92 /SF/MO $65,835 /YR $5,486 /MO | Triple Net (NNN) |
1st Floor, Ste B
Now available for lease is approximately 1,881 square feet of prime street-level retail space at 101 West Louisiana Street, Suite B, McKinney, Texas, positioned directly between two of the Square’s successful destinations—Pinkitzel and Cadillac Pizza. This location offers outstanding visibility, strong daily foot traffic, and the rare opportunity to secure space on one of North Texas’ most desirable historic retail squares. Key Details: Approx. 1,881 SF of retail space Lease Rate: $35.00 PSF + NNN NNNs: Estimated at approx. $9.00 PSF Tenant responsible for electricity Currently occupied by Landry Kate, who is consolidating into another nearby Square location Please feel free to discreetly tour the space during business hours. You will find the brochure attached with photos and additional details. For you and/or your tenant’s convenience, I have also included a draft Letter of Intent with the Landlord’s preferred terms. You may edit it as you see fit and send it back if you are interested in entering into a lease. Please let me know if you plan to submit a Letter of Intent. I expect this space will lease up very quickly.
- 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
- High Ceilings
- Hardwood Floors
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 | 1,881 SF | Gross Leasable Area | 10,537 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,881 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,537 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
An iconic space on the Historic Downtown McKinney Square could be the home of your business. Come look at this exquisite space nestled in one of the prime locations on the square. Located between two successful businesses -- Pinkitzel and Cadillac Pizza -- this space is currently occupied by the renowned Landry Kate storefront (they are consolidating into their other location on the square). There is approximately 1,881 net rentable square feet available for $35/SF plus NNN (estimated to be approximately $9/SF) plus E. This is a rare opportunity to build a retail business on one of the busiest, most successful spaces on the square.
- Signalized Intersection
- Air Conditioning
NEARBY MAJOR RETAILERS
-
Chayse Harvard -
The NASH Group Commercial Real Estate, Inc.
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101 W Louisiana St, STE B (Retail) | 101 W Louisiana St
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