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Labyrinth Lounge 23 Main St S 1,277 - 2,750 SF of Retail Space Available in Minot, ND 58701
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1B | 1,473 SF | Negotiable | $8.16 /SF/YR $0.68 /SF/MO $12,020 /YR $1,002 /MO | Full Service | ||
| 1st Floor, Ste Unit 2B | 1,277 SF | Negotiable | $9.36 /SF/YR $0.78 /SF/MO $11,953 /YR $996.06 /MO | Full Service |
1st Floor, Ste 1B
Great Bar available for lease with full buildout! Available for $1,000/ month!
- Sublease space available from current tenant
- Rate includes utilities, building services and property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air and Heating
1st Floor, Ste Unit 2B
Are you ready to embark on a new business journey?! Here is a super cool space ready for a new tenant! This cozy underground unit in ahistoric building in downtown Minot is a great opportunity for a new business. It’s perfect for a speakeasy, cocktail lounge, self-serve craft beer or wine bar, tattoo parlor, or photography studio. The space includes a walk-in cooler, and beverage cooler, with all utilities covered for $1,000/month. Street parking and nearby parking garages are available. Contact an agent to schedule a tour and make your business dreams a reality!
- Sublease space available from current tenant
- Rate includes utilities, building services and property expenses
- Fully Built-Out as a Drinking Establishment
- Located in-line with other retail
- Central Air Conditioning
- Bar Buildout!
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 | 2,750 SF | Year Built/Renovated | 1906/2015 |
| Property Type | Retail | Parking Ratio | 2.12/1,000 SF |
| Gross Leasable Area | 23,574 SF |
| Total Space Available | 2,750 SF |
| Property Type | Retail |
| Gross Leasable Area | 23,574 SF |
| Year Built/Renovated | 1906/2015 |
| Parking Ratio | 2.12/1,000 SF |
ABOUT THE PROPERTY
Are you ready to embark on a new business journey?! Here is a super cool space ready for a new tenant! This cozy (1277 s/f) underground unit in a historic building in downtown Minot is a great opportunity for a new business. It’s perfect for a speakeasy, cocktail lounge, self-serve craft beer or wine bar, tattoo parlor, or photography studio. The space includes a walk-in cooler, and beverage cooler, with all utilities covered for $1000/month. Street parking and nearby parking garages are available. Contact an agent to schedule a tour and make your business dreams a reality!
NEARBY MAJOR RETAILERS
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Labyrinth Lounge | 23 Main St S
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