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Angola Square Shopping Center 1601-1651 N Wayne St 1,250 - 7,810 SF of Space Available in Angola, IN 46703
Highlights
- Excellent Location with High Visibility and Plenty of Parking in Main Angola Retail Corridor
- Near major retail chains; Hobby Lobby, Rural King and Tractor Supply Co
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1601-102 | 5,300-6,560 SF | 12’ | 3-5 Years | $8.00 /SF/YR $0.67 /SF/MO $52,480 /YR $4,373 /MO | Triple Net (NNN) | |
| 1st Floor, Ste 1601-103 | 1,250 SF | 11’ | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $15,000 /YR $1,250 /MO | Triple Net (NNN) |
1st Floor, Ste 1601-102
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Finished Ceilings: 12’
1st Floor, Ste 1601-103
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Finished Ceilings: 11’
- Space is in Excellent Condition
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 Angola Square Shopping Center
- Hobby Lobby
- Rural King
Property Facts
| Total Space Available | 7,810 SF | Gross Leasable Area | 32,416 SF |
| Min. Divisible | 1,250 SF | Year Built | 1991 |
| Property Type | Retail | Parking Ratio | 4.32/1,000 SF |
| Property Subtype | Storefront | Cross Streets | N Wayne & SR 127 & County Rd 100 |
| Total Space Available | 7,810 SF |
| Min. Divisible | 1,250 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 32,416 SF |
| Year Built | 1991 |
| Parking Ratio | 4.32/1,000 SF |
| Cross Streets | N Wayne & SR 127 & County Rd 100 |
About the Property
Excellent retail space between Rural King and Hobby Lobby High visibility and ample parking 19,475 vehicles per day Draws shoppers from area lakes Located along the main retail corridor Surrounded by Pizza Hut, Taco Bell, Bob Evans, Dairy Queen, McDonalds, Arby's and many others
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
Presented by
Angola Square Shopping Center | 1601-1651 N Wayne St
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