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Gorgeous Historic FNB Bldg on the Square 110 N Tennessee St 5,200 SF of Retail Space Available in McKinney, TX 75069
HIGHLIGHTS
- Heavy foot traffic
- Stunning exterior & interior
- Highly visible
- Iconic building
- Painstakingly restored
- Lots of natural light
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,200 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $104,000 /YR $8,667 /MO | Triple Net (NNN) |
1st Floor
This iconic former First National Bank building (built in 1912 and beautifully restored in 2014) offers unmatched presence, visibility, and character. The property is available for a single long-term tenant. 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. 5,200 SF of space broken up as follows — Retail Space — Approx 3,200 SF Mezzanine — Approx 800 SF (this could be sublet to a trusted office user or used for more retail or your own offices) Basement — Apron 1,000 SF (great for storage) Lease Rate: $20.00 PSF + NNN NNNs: Estimated at approx. $7.00 PSF Tenant responsible for electricity Currently occupied by LY Outfitters, a beautiful western store 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
- Basement
- Iconic building
- Painstakingly restored
- Heavy foot traffic
- Highly visible
- Stunning exterior & interior
- Lots of natural light
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 GORGEOUS HISTORIC FNB BLDG ON THE SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Belhaus
- Public Administration
- 1
- -
- Firma Commercial
- Real Estate
- 4
- Local
- Infinite Lighting Solutions
- Retailer
- 1
- -
- Ly Outfitters
- Retailer
- 1
- -
- Someones Treasure
- Public Administration
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Belhaus | Public Administration | 1 | - |
| Firma Commercial | Real Estate | 4 | Local |
| Infinite Lighting Solutions | Retailer | 1 | - |
| Ly Outfitters | Retailer | 1 | - |
| Someones Treasure | Public Administration | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,200 SF | Gross Leasable Area | 5,200 SF |
| Property Type | Retail | Year Built/Renovated | 1912/2014 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 5,200 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,200 SF |
| Year Built/Renovated | 1912/2014 |
ABOUT THE PROPERTY
This iconic former First National Bank building (built in 1912 and beautifully restored in 2014) offers unmatched presence, visibility, and character. The property is available for a single long-term tenant. 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. 5,200 SF of space broken up as follows — Retail Space — Approx 3,200 SF Mezzanine — Approx 800 SF (this could be sublet to a trusted office user or used for more retail or your own offices) Basement — Apron 1,000 SF (great for storage) Lease Rate: $20.00 PSF + NNN NNNs: Estimated at approx. $7.00 PSF Tenant responsible for electricity Currently occupied by LY Outfitters, a beautiful western store 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.
- Mezzanine
- Restaurant
- Security System
- Signage
- Skylights
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
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Gorgeous Historic FNB Bldg on the Square | 110 N Tennessee St
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