Your email has been sent.
116 S Main St 5,281 SF of Retail Space Available in Enterprise, AL 36330
HIGHLIGHTS
- The Rawls is a restored historic landmark building with strong local recognition
- Full commercial kitchen with equipment and supplies plus exterior walk in cooler
- Formal dining room with a flexible seating mix of two top, four top and six top tables
- Ideal space for experienced operators pursuing elevated dining, chef driven & event focused concepts
- Full bar with TV, seating and dedicated service area
- Supply room with ice machine, sink, cooler and fountain drink equipment
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,281 SF | 3-5 Years | $12.50 /SF/YR $1.04 /SF/MO $66,013 /YR $5,501 /MO | Modified Gross |
1st Floor
Originally constructed in 1903 as a hotel and expanded to three stories in 1929, The Rawls is a restored historic landmark located in the heart of downtown Enterprise. Today, the property offers a rare opportunity to lease a fully built out and furnished, turnkey restaurant and event venue within one of the city’s most recognizable buildings. The approximately 5,281 Sq. Ft. space features a fully equipped commercial kitchen, full bar, formal dining room, private dining rooms, furnished lounge areas and a ballroom capable of hosting weddings, receptions and corporate events. The property benefits from strong local recognition, established customer traffic and a prime Main Street location benefiting from downtown events and attractions. New operators may introduce their own concept while leveraging the character, visibility and legacy of the Rawls location.
- Listed rate may not include certain utilities, building services and property expenses
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 116 S MAIN ST, ENTERPRISE, AL 36330
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- First Command
- Finance Company
- 31
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| First Command | Finance Company | 31 | International |
PROPERTY FACTS
| Total Space Available | 5,281 SF | Gross Leasable Area | 22,965 SF |
| Property Type | Retail | Year Built | 2010 |
| Property Subtype | Restaurant |
| Total Space Available | 5,281 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 22,965 SF |
| Year Built | 2010 |
NEARBY MAJOR RETAILERS
Presented by
116 S Main St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.