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JAGER Professional Building 124 S Main St 10,000 - 17,000 SF of Office/Retail Space Available in Pendleton, OR 97801
HIGHLIGHTS
- Anchor Retail space in multi-tenant building
- Main St. frontage
- Surrounded by established residential neighborhoods
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 | 10,000-17,000 SF | 13’ | 1-10 Years | $5.52 /SF/YR $0.46 /SF/MO $93,840 /YR $7,820 /MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- 3 Private Offices
- Finished Ceilings: 13’
- Space is in Excellent Condition
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 | 17,000 SF | Gross Leasable Area | 31,600 SF |
| Min. Divisible | 10,000 SF | Year Built/Renovated | 1906/2018 |
| Property Type | Retail | Parking Ratio | 0.82/1,000 SF |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 17,000 SF |
| Min. Divisible | 10,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 31,600 SF |
| Year Built/Renovated | 1906/2018 |
| Parking Ratio | 0.82/1,000 SF |
ABOUT THE PROPERTY
Anchor retail location now available in one of Pendleton's main retail hubs. The building was renovated in 2018 with many improvements to include new HVAC, Power/ADA accessible doors, LED lighting, ACT 'second look' ceiling, resurfaced facade and newly engineered parking lot. With Main St. frontage, this space is highly visible and has great income potential. Parking is available on site for easy access as well as street and cross-street parking. There is high local and surrounding consumer demand for a retail department store. Over 15,000 cars per day on nearby Dorion Ave.
- Mezzanine
- Security System
- Signage
- Storage Space
NEARBY MAJOR RETAILERS
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JAGER Professional Building | 124 S Main St
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