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1755 Wright Ave 14,104 SF of Retail Space Available in Alma, MI 48801
Highlights
- Heavy traffic area with large ample parking lot for customers and tenant pylon sign at street.
- Join Tractor Supply and Ollie's Bargain Outlet in this former Kmart space.
- This lot is adjacent to O'Reilly Auto Parts and Burger King with approximately 17,000 cars passing daily.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste C | 14,104 SF | 1-20 Years | $8.00 /SF/YR $0.67 /SF/MO $112,832 /YR $9,403 /MO | Triple Net (NNN) |
1st Floor, Ste C
83,775 sq. ft. former KMart recently remodeled 24,411 sq. ft. for Tractor Supply and 30,000 sf for Ollie’s Bargain Outlets with lease out for 15,000 sf leaving 14,104 sq. ft. available for lease
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Former Kmart space.
- Anchors of Tractor Supply and Ollie's
- Divisible space up to 29k square feet
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 1755 Wright Ave, Alma, MI 48801
- Tenant
- Description
- US Locations
- Reach
- Ollie's Bargain Outlet
- Dollar/Variety/Thrift
- 668
- National
- Tractor Supply Company
- Home Improvement
- 2,468
- National
| Tenant | Description | US Locations | Reach |
| Ollie's Bargain Outlet | Dollar/Variety/Thrift | 668 | National |
| Tractor Supply Company | Home Improvement | 2,468 | National |
Property Facts
| Total Space Available | 14,104 SF | Total Land Area | 11.01 AC |
| Property Type | Retail | Year Built | 1985 |
| Property Subtype | Health Club | Parking Ratio | 3.89/1,000 SF |
| Gross Leasable Area | 83,520 SF |
| Total Space Available | 14,104 SF |
| Property Type | Retail |
| Property Subtype | Health Club |
| Gross Leasable Area | 83,520 SF |
| Total Land Area | 11.01 AC |
| Year Built | 1985 |
| Parking Ratio | 3.89/1,000 SF |
About the Property
83,520 sf former KMart with Tractor Supply and Ollie's Bargain Outlet. Lease pending for additional 15,000 sf tenant to be announced soon
Nearby Major Retailers
Presented by
1755 Wright Ave
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