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Daycare/Flex Space/Offices 16 S Summit Ave 10,120 SF of Retail Space Available in Nora Springs, IA 50458
Highlights
- Lots of potential for various business's, zoned to live on site if need be
- Lots of updates
- Multiple entrances, Lots of parking, Large lot
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,120 SF | Negotiable | $6.00 /SF/YR $0.50 /SF/MO $60,720 /YR $5,060 /MO | TBD |
1st Floor
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Fully Carpeted
- High Ceilings
- Shower Facilities
- Basement
- Yard
- Smoke Detector
- Wheelchair Accessible
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 | 10,120 SF | Gross Leasable Area | 10,120 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Day Care Center | Parking Ratio | 9.88/1,000 SF |
| Total Space Available | 10,120 SF |
| Property Type | Retail |
| Property Subtype | Day Care Center |
| Gross Leasable Area | 10,120 SF |
| Year Built | 1980 |
| Parking Ratio | 9.88/1,000 SF |
About the Property
Available 2027 Rent/term negotiable depending on situation. May Entertain selling! Large Commercial building located in Nora Springs, IA 10 Minutes from Mason city Building is roughly 10,120 sq ft. 5,060 Sq ft on each level. Built in 1980, very spacious with a ton of outside parking. Zoned to have living quarters in building. Live downstairs and have your business upstairs! Building can be altered to fit tenants needs. Currently upstairs - 3 Bathrooms, full kitchen, and a large open area. Currently Downstairs - 2 Bathrooms, full kitchen, shower, 9 rooms that run 180 sq ft to 417 sq ft. Laundry hookups, 3 A/Cs, 3 Furnaces, Newer water heater, Radon system has been installed. Downstairs was renovated in 2019. New paint, flooring throughout. 4 Commercial steel doors added, new sidewalks, 3 of the south rooms in the basement have sinks with lift pumps This was a daycare a few years back. Everything is zoned with DHS. So could very easily become one again if need be! Architectural plans have already been approved by both DHS and the fire marshal. Everything up to code. Would be great for auction company, office space, Live in business, etc..... the sky's the limit! items in photos not included in rent Building highlights Sitting on over 2.5 Acres with a ton of parking! Room for semis to come in if need be. 5 Bathrooms, shower, Kitchens on both levels Very efficient building to heat and cool. Location makes snow removal and lawncare a breeze Multi purpose. Zoned for multi use. Including living on location if need be
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
- Smoke Detector
- Shower Facilities
Contact the Leasing Agent
Daycare/Flex Space/Offices | 16 S Summit Ave