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1610 S Kellogg Ave 3,000 - 7,182 SF of Retail Space Available in Ames, IA 50010
HIGHLIGHTS
- Highway Visibility
- High Traffic Corridor with Very Low Turnover
- Walmart, Target, HomeGoods and other retailers located in near proximity
- Pylon and Building Signage Opportunity
- Turnkey Restaurant Opportunity
- 28,185 VPD on S Duff Ave
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000-7,182 SF | Negotiable | $20.00 /SF/YR $1.67 /SF/MO $143,640 /YR $11,970 /MO | Modified Gross |
1st Floor
This former Old Chicago building is available for lease and features a built-in bar, two private dining rooms, and a large kitchen with built-in cooler. The building has extremely high visibility both from the highway and those traveling on the Duff Avenue retail corridor and offers both building signage as well as a slot on the existing pylon sign. MG Rent covers everything except for seperately-metered utilities and any future increase in taxes.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Freezer Space
- Pylon signage available
- Good condition kitchen
- Lots of natural light
- End-cap space attached to GrandStay Hotel
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 | 7,182 SF | Property Subtype | Restaurant |
| Min. Divisible | 3,000 SF | Gross Leasable Area | 7,182 SF |
| Property Type | Retail | Year Built | 2005 |
| Total Space Available | 7,182 SF |
| Min. Divisible | 3,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,182 SF |
| Year Built | 2005 |
ABOUT THE PROPERTY
This restaurant is located in Ames, IA surrounded by a thriving business community and a range of amenities. The ninth most populous city in the state has a large draw of visitors, whether it be the surrounding communities visiting for a day of shopping and dining along the Duff Ave corridor or those who travel a great distance to visit ISU's famous Jack Trice Stadium. With direct access to major roadways and a flourishing local economy, there is a reason there is such low turnover on this highly sought-after corridor.
- Pylon Sign
- Monument Signage
NEARBY MAJOR RETAILERS
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1610 S Kellogg Ave
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