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Taco John's 1401 State St N 1,977 SF of Retail Space Available in Waseca, MN 56093
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,977 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
The building with operational drive-thru is in excellent condition and also includes a fully equipped kitchen, walk-in cooler and freezer. Although ideal for an easy owner/user remodel and opening, ground lease and build to suit developments may also be considered.
- Fully Built-Out as a Fast Food Restaurant
- Space is in Excellent Condition
- Central Air Conditioning
- Freezer Space
- After Hours HVAC Available
- Drive Thru
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 TACO JOHN'S
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Taco John's
- Fast-food
- 437
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Taco John's | Fast-food | 437 | National |
PROPERTY FACTS
| Total Space Available | 1,977 SF | Gross Leasable Area | 1,977 SF |
| Property Type | Retail | Year Built | 1989 |
| Property Subtype | Freestanding | Parking Ratio | 11.13/1,000 SF |
| Total Space Available | 1,977 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,977 SF |
| Year Built | 1989 |
| Parking Ratio | 11.13/1,000 SF |
ABOUT THE PROPERTY
Standalone building with drive-thru on 1.16 acres is strategically positioned in the heart of town and the epicenter of the retail corridor. The property offers excellent visibility along State Highway 13 with the heaviest traffic counts in town (ADT 9,700). Surrounded by national retailers including Walmart, Bomgaars, Dollar Tree, O’Reilly Auto Parts, Kwik Trip, Blaze Credit Union, McDonald's, Subway, Dairy Queen, Burger King all while sitting one block from the regional high school, this corner location is prime within the trade area. The building with operational drive-thru is in excellent condition and also includes a fully equipped kitchen, walk-in cooler and freezer. Although ideal for an easy owner/user remodel and opening, ground lease and build to suit developments may also be considered.
- Corner Lot
- Pylon Sign
- Restaurant
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Air Conditioning
NEARBY MAJOR RETAILERS
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Taco John's | 1401 State St N
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