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Castle Rock Retail Center 23357 Hall Rd 1,427 - 2,953 SF of Retail Space Available in Macomb, MI 48042
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste 4 | 1,526 SF | Negotiable | $26.00 /SF/YR $2.17 /SF/MO $39,676 /YR $3,306 /MO | Triple Net (NNN) | ||
| Ground, Ste 5 | 1,427 SF | Negotiable | $26.00 /SF/YR $2.17 /SF/MO $37,102 /YR $3,092 /MO | Triple Net (NNN) |
Ground, Ste 4
Heavy Traffic count easy access off Hall Rd just west of a major on/off East/West i-94 expressway ramp. Approximately 68,000 population (3 Mile radius)
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
Ground, Ste 5
Brand new and ready for occupancy. Perfectly located on a divided highway (M-59 a/k/a Hall Road), 6 lanes, 3 each side - between Gratiot Avenue and Groesbeck Highway on the north side of Hall Road. Units from 1,511 SF to 3,,022 SF. Heavy Traffic count easy access off Hall Rd just west of a major on/off East/West i-94 expressway ramp. Approximately 68,000 population (3 Mile radius)
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 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.
SELECT TENANTS AT CASTLE ROCK RETAIL CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Par Me Up
- Arts, Entertainment, and Recreation
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Par Me Up | Arts, Entertainment, and Recreation | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,953 SF | Gross Leasable Area | 12,291 SF |
| Property Type | Retail | Year Built | 2021 |
| Property Subtype | Storefront | Parking Ratio | 5.94/1,000 SF |
| Total Space Available | 2,953 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 12,291 SF |
| Year Built | 2021 |
| Parking Ratio | 5.94/1,000 SF |
ABOUT THE PROPERTY
On North side of Hall Road, Between Gratiot Ave. and Groesbeck Hwy. @ Easterly UNITS available containing 2,953 s/f ), units could be divided 1,427 s/f interior and 1,526 s/f corner unit).
NEARBY MAJOR RETAILERS
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Castle Rock Retail Center | 23357 Hall Rd
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