Your email has been sent.
1601 Franklin St 858 - 2,228 SF of Retail Space Available in Michigan City, IN 46360
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 1603 | 1,370 SF | 10’ | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $10,960 /YR $913.33 /MO | Modified Gross | |
| 1st Floor, Ste Unit C | 858 SF | 10’ | 3-5 Years | $8.04 /SF/YR $0.67 /SF/MO $6,898 /YR $574.86 /MO | Modified Gross |
1st Floor, Ste 1603
Centrally located on Franklin Street in the heart of Michigan City, this 1,370 square foot commercial space is perfect for a small retail business or similar use. The space is minutes away from popular tourist destinations such as the Lighthouse Place Premium Outlet stores, Washington Park, and the lakefront. There is ample parking for customers on Ann and Franklin Streets. Gas and electric utilities are meter separately. Please call for additional details and to schedule a walk-thru.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- After Hours HVAC Available
- Finished Ceilings: 10’
- Demised WC facilities
1st Floor, Ste Unit C
Centrally located on Franklin Street in the heart of Michigan City, this 858 square foot commercial space is perfect for a small retail business or similar use. The space is minutes away from popular tourist destinations such as the Lighthouse Place Premium Outlet stores, Washington Park, and the lakefront. There is ample parking for customers on Ann and Franklin Streets. Gas and electric utilities are meter separately. Please call for additional details and to schedule a walk-thru.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- Plug & Play
- After Hours HVAC Available
- Finished Ceilings: 10’
- Central location, near shopping and lakefront,
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 2,228 SF | Gross Leasable Area | 4,800 SF |
| Property Type | Retail | Year Built | 1948 |
| Property Subtype | Freestanding |
| Total Space Available | 2,228 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,800 SF |
| Year Built | 1948 |
ABOUT THE PROPERTY
Commercial building with on street parking
NEARBY MAJOR RETAILERS
Presented by
Lincolnwood Developers, Inc.
1601 Franklin St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.