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McGilvray Building 1106 S Palestine St 8,680 - 27,460 SF of Industrial Space Available in Athens, TX 75751



HIGHLIGHTS
- Auto Dealership or Repair, ready to go
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor - all | 8,680-27,460 SF | 8’ - 25’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor - all
Former Car Dealership building. 15% office/showroom, 85% shop area. Mezzanine storage area. 2 acres of paved parking.
- Includes 2,235 SF of dedicated office space
- Central Air and Heating
- Partitioned Offices
- Private Restrooms
- Security System
- Secure Storage
- Office intensive layout
- Finished Ceilings: 8’ - 25’
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 MCGILVRAY BUILDING
- None
PROPERTY FACTS
| Total Space Available | 27,460 SF | Gross Leasable Area | 27,460 SF |
| Min. Divisible | 8,680 SF | Year Built/Renovated | 1970/2019 |
| Property Type | Retail | Parking Ratio | 5.46/1,000 SF |
| Property Subtype | Auto Dealership |
| Total Space Available | 27,460 SF |
| Min. Divisible | 8,680 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 27,460 SF |
| Year Built/Renovated | 1970/2019 |
| Parking Ratio | 5.46/1,000 SF |
ABOUT THE PROPERTY
Remarks: High visibility, high traffic count, great frontage. Excellent location for auto dealer or repair. Other: All or part available. Owner will subdivide. Improvements: 14,003 sf former auto dealership building plus 8,680 sf Paint & body shop building. Overhead doors - 5, 14h x 16w & 3, 10h x 12w Clear Height Max - Main Bld. 17'4", 2nd Bld. 15'7" Parking/Pad: Approximately 3-acre existing asphalt parking. Building pad & site work existing. High visibility, high traffic count, great frontage may be sold in all or part. Excellent location for auto dealer, big box - strip retail, grocery, hotel, medical development, office/warehouse or church.
- Security System
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
NEARBY MAJOR RETAILERS
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McGilvray Building | 1106 S Palestine St
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