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2019 Krenzien Dr 1,592 SF of Retail Space Available in Norfolk, NE 68701
HIGHLIGHTS
- Great visibility with frontage to US-275
- Located in the heart of Norfolk's retail corridor
- Pylon sign for tenants
- Over 18,000 VPD on US-275
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2019 | 1,592 SF | Negotiable | $26.00 /SF/YR $2.17 /SF/MO $41,392 /YR $3,449 /MO | Triple Net (NNN) |
1st Floor, Ste 2019
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- 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.
PROPERTY FACTS
| Total Space Available | 1,592 SF | Gross Leasable Area | 6,786 SF |
| Property Type | Retail | Year Built | 2017 |
| Property Subtype | Restaurant | Parking Ratio | 53.93/1,000 SF |
| Total Space Available | 1,592 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,786 SF |
| Year Built | 2017 |
| Parking Ratio | 53.93/1,000 SF |
ABOUT THE PROPERTY
Lee & Associates | Nebraska is pleased to present the exclusive lease opportunity of this 1,592 SF retail storefront. This property features more than 1,000 SF of prime storefront space, along with over 400 SF dedicated to inventory and a break room, making it ideal for national retailers. The building offers outstanding visibility from US-275, with over 18,000 vehicles passing by each day, complemented by a prominent tenant pylon sign that makes 2019 Krenzien hard to miss. This vacant 1,592 SF space is part of a two tenant property that includes Buffalo Wild Wings. Property is situated on an outparceled lot in front of Courtesy Ford of Norfolk, one of the largest car dealerships in the city. With direct frontage on US-275 at the SW corner of US-275 & S 20th St, you’ll be in good company alongside other national retailers on Norfolk's main retail corridor, including Harbor Freight, Kohl's, Target, Culver's, Hobby Lobby, Walmart, TSC, and Earl May, among others.
NEARBY MAJOR RETAILERS
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2019 Krenzien Dr
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