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Restaurant/ Cafe at 123 E MAIN 123-125 E Main St 1,550 SF of Retail Space Available in Norman, OK 73069
HIGHLIGHTS
- Historic Downtown Norman
- Commercial Kitchen with Vent Hood
- 2nd Friday Art Walk
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 | 1,550 SF | 12’ | 3-5 Years | $20.00 /SF/YR $1.67 /SF/MO $31,000 /YR $2,583 /MO | Modified Gross |
1st Floor
AVAILABLE NOW!... Fully built-out restaurant with commercial kitchen (including vent hood) in Historic Downtown Norman. The space has 2 ADA single-occupancy restrooms, in-ground grease trap, modern commercial glass frontage with exposed I-beams. Nearby businesses include: Guestroom Records, MainSite Contemporary Art, Sooner Theatre, 405 Brewery taproom, Neighborhood Jam, and many more dining and entertainment options. Building address is 123 E Main St, and is owned and operated by Peak Property LLC who focuses on providing spaces for local and independent businesses in Norman. Owner pays for property insurance, building taxes and maintenance. Monthly rent is: $3250. Text or call owner for appointment. 4o5-818-9048
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Finished Ceilings: 12’
- Modern Commercial Glass Storefront
- Full Kitchen with Hood Vent
- 2 ADA Restrooms
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 | 1,550 SF | Year Built | 1930 |
| Property Type | Retail | Parking Ratio | 1.3/1,000 SF |
| Gross Leasable Area | 6,161 SF |
| Total Space Available | 1,550 SF |
| Property Type | Retail |
| Gross Leasable Area | 6,161 SF |
| Year Built | 1930 |
| Parking Ratio | 1.3/1,000 SF |
ABOUT THE PROPERTY
AVAILABLE NOW!... Fully built-out restaurant with commercial kitchen (including vent hood) in Historic Downtown Norman. The space has 2 ADA single-occupancy restrooms, in-ground grease trap, modern commercial glass frontage with exposed I-beams. Nearby businesses include: Guestroom Records, MainSite Contemporary Art, Sooner Theatre, 405 Brewery taproom, Neighborhood Jam, and many more dining and entertainment options. Building address is 123 E Main St, and is owned and operated by Peak Property LLC who focuses on providing spaces for local and independent businesses in Norman. Owner pays for property insurance, building taxes and maintenance. Monthly rent is: $3250. Text or call owner for appointment. 4o5-818-9048
- Restaurant
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
Peak Property LLC
Restaurant/ Cafe at 123 E MAIN | 123-125 E Main St
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