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132 E 5th Ave 2,240 - 6,720 SF of Office/Retail Space Available in Columbus, OH 43201
HIGHLIGHTS
- Heavy Traffic
- Walkable Neighborhood
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,240 SF | 11’ | 5-10 Years | $20.00 /SF/YR $1.67 /SF/MO $44,800 /YR $3,733 /MO | Triple Net (NNN) | |
| 2nd Floor | 2,240 SF | 10’ | 5-10 Years | $12.00 /SF/YR $1.00 /SF/MO $26,880 /YR $2,240 /MO | Triple Net (NNN) | |
| 3rd Floor | 2,240 SF | - | 5-10 Years | $12.00 /SF/YR $1.00 /SF/MO $26,880 /YR $2,240 /MO | Triple Net (NNN) |
1st Floor
Great first floor location for a coffee shop/Restaurant or Office. Exposed brick walls and floor to ceiling windows facing the street. Currently no hood. Owner willing to work with tenant.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Mostly Open Floor Plan Layout
- Finished Ceilings: 11’
- Can be combined with additional space(s) for up to 6,720 SF of adjacent space
- Central Air and Heating
- Large glass windows
- Exposed Brick
2nd Floor
Two additional floors offer additional space for offices or apartment(2) separate entrance and priced separately. 2nd and 3rd floor must be leased together.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 10’
- Can be combined with additional space(s) for up to 6,720 SF of adjacent space
- Central Air and Heating
3rd Floor
2nd and 3rd floor must be leased together.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 6,720 SF of adjacent space
- Central Air and Heating
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 | 6,720 SF | Gross Leasable Area | 6,720 SF |
| Property Type | Retail | Year Built | 1919 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 6,720 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 6,720 SF |
| Year Built | 1919 |
ABOUT THE PROPERTY
PRIME LOCATION on the heavily travelled intersection of Summit and 5th Avenue--near the Short North and OSU Campus. This retail/restaurant/office/salon space is available for lease--option to lease the first floor or entire building. top two floors have a seperate entrance but can be combined. Usage of D1, D2 liquor license available for lessee.
- Signalized Intersection
NEARBY MAJOR RETAILERS
