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Mynster Building 148 W Broadway 1,730 SF of Office/Retail Space Available in Council Bluffs, IA 51503
Highlights
- Located in downtown Council Bluffs within the historic Mynster Building
- Situated along West Broadway, one of the city’s most prominent and visible corridors
- Minutes from Omaha and Interstates I-80, I-29 and I-480
- Building originally constructed in 1882 and renovated in 2016 Open Ceilings
- Traffic 14,516 VPD
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,730 SF | 1-10 Years | $11.00 /SF/YR $0.92 /SF/MO $19,030 /YR $1,586 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Open Floor Plan Layout
- Fits 5 - 14 People
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 | 1,730 SF | Gross Leasable Area | 1,730 SF |
| Property Type | Retail | Year Built/Renovated | 1882/2016 |
| Property Subtype | Storefront | Parking Ratio | 3.47/1,000 SF |
| Total Space Available | 1,730 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,730 SF |
| Year Built/Renovated | 1882/2016 |
| Parking Ratio | 3.47/1,000 SF |
About the Property
This Class “B” commercial space, part of the historic Mynster Building, a well-known structure in downtown Council Bluffs with close proximity to major employers and consistent pedestrian and vehicle traffic, offers a versatile two-floor bay totaling approximately 3,490 SF, featuring 1,730 SF on the main level with 14-foot open ceilings and 1,760 SF in the basement. Complemented by two ADA-compliant restrooms and dual entrances. Renovated in 2016, the property includes FHA heating and air conditioning, exposed wet sprinklers, an available security system, and flexible open-ceiling design. Offered at a lease rate of $11.00 PSF NNN with CAM charges of $6.35 PSF (trash included), the rent is $2,500 per month, with utilities paid by the tenant. The C-4 zoned property provides on-street metered parking plus a 1,320 SF paved rear parking area, is located on a bus route, and benefits from strong visibility with 14,516 vehicles per day. Convenient interstate access via I-480, I-29, and I-80 places the site just minutes from Omaha and within FEMA Zone AE.
Nearby Major Retailers
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Mynster Building | 148 W Broadway
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