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Storm Lake Plaza 1423 N Lake Ave 1,400 - 7,343 SF of Retail Space Available in Storm Lake, IA 50588
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Bays 1 - 4 | 1,400-5,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste OUT LOT | 1,743 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1405-1423 N Lake Ave - 1st Floor - Ste Bays 1 - 4
Secure a prominent 5,600 SF retail position in the heart of Storm Lake’s primary commercial corridor. Located at 1403 North Lake Avenue, this high-visibility suite offers a versatile open layout perfect for a variety of uses, including specialty grocery, soft goods, a fitness center, or a showroom.
1413 N Lake Ave - 1st Floor - Ste OUT LOT
Capitalize on this rare opportunity to secure a high-impact 1,743 SF Outlot at Storm Lake Plaza. Perfectly positioned at the front of the center with direct frontage on North Lake Avenue (Hwy 71), this space offers the ultimate brand exposure for a boutique retailer, quick-service restaurant (QSR), or specialized service provider.
- Partially Built-Out as a Bank
- Space is an outparcel at this property
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 Storm Lake Plaza
- China Buffet
- Dollar General
- Smoke World
- Westlake ACE Hardware
Property Facts
| Total Space Available | 7,343 SF | Frontage | North Lake Avenue |
| Min. Divisible | 1,400 SF | Gross Leasable Area | 58,307 SF |
| Center Type | Neighborhood Center | Total Land Area | 5.84 AC |
| Parking | 344 Spaces | Year Built | 1976 |
| Stores | 6 | Cross Streets | NEC US Hwy. 71 & 13th St. |
| Center Properties | 2 |
| Total Space Available | 7,343 SF |
| Min. Divisible | 1,400 SF |
| Center Type | Neighborhood Center |
| Parking | 344 Spaces |
| Stores | 6 |
| Center Properties | 2 |
| Frontage | North Lake Avenue |
| Gross Leasable Area | 58,307 SF |
| Total Land Area | 5.84 AC |
| Year Built | 1976 |
| Cross Streets | NEC US Hwy. 71 & 13th St. |
About the Property
An exceptional retail leasing opportunity is available immediately in Storm Lake Plaza, located at 1403 North Lake Ave in Storm Lake, Iowa. The plaza is anchored by strong national tenants including Ace Hardware and Dollar General, and sits on Highway 71, the main retail corridor through the city. This leasing opportunity includes two distinct retail spaces: Bays 1-4, which offer a contiguous space of 5,600 SF, and the standalone Outlot Building, which provides 1,743 SF. The Bays 1-4 space is part of the main shopping center structure, adjacent to co-tenants like Ace Hardware, China Buffet, and Dollar General. The Outlot Building, a distinct structure visible from N Lake Avenue, features a unique design. The estimated NNN expenses for the center are $2.64 PSF.
- Air Conditioning
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
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Storm Lake Plaza | 1423 N Lake Ave
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