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Newtowne Center 2518-2620 E Grand River Ave 1,000 - 6,914 SF of Retail Space Available in Howell, MI 48843
HIGHLIGHTS
- Spaces from 1,000 SF to 3,189 SF (endcap available)
- Surrounded by national retailers – Home Depot, Walmart, Lowe’s, Meijer’s, Auto Zone, Hobby Lobby and Family Farm & Home
- Great exposure along Grand River Ave w/over traffic count over 25,000 per day
- Average HH Income exceeds $116,000 w/in 3-mile radius
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2524 | 1,000 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $12,000 /YR $1,000 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2554 | 1,725 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $20,700 /YR $1,725 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2578 | 1,000 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $12,000 /YR $1,000 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2620 | 3,189 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $38,268 /YR $3,189 /MO | Triple Net (NNN) |
1st Floor, Ste 2524
Prime location off Grand River Avenue just west of Latson Road and just east of downtown Spaces from 1,000 SF to 2,620 SF (endcap available) Great exposure along Grand River Ave w/over traffic count over 25,000 per day Surrounded by national retailers – Home Depot, Walmart, Lowe’s, Meijer’s, Auto Zone, Hobby Lobby and Family Farm & Home Average HH Income exceeds $116,000 w/in 3-mile radius Lease Rate – Asking $12/SF, NNN
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
1st Floor, Ste 2554
Prime location off Grand River Avenue just west of Latson Road and just east of downtown Spaces from 1,000 SF to 2,620 SF (endcap available) Great exposure along Grand River Ave w/over traffic count over 25,000 per day Surrounded by national retailers – Home Depot, Walmart, Lowe’s, Meijer’s, Auto Zone, Hobby Lobby and Family Farm & Home Average HH Income exceeds $116,000 w/in 3-mile radius Lease Rate – Asking $12/SF, NNN
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
1st Floor, Ste 2578
Prime location off Grand River Avenue just west of Latson Road and just east of downtown Spaces from 1,000 SF to 2,620 SF (endcap available) Great exposure along Grand River Ave w/over traffic count over 25,000 per day Surrounded by national retailers – Home Depot, Walmart, Lowe’s, Meijer’s, Auto Zone, Hobby Lobby and Family Farm & Home Average HH Income exceeds $116,000 w/in 3-mile radius Lease Rate – Asking $12/SF, NNN
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
1st Floor, Ste 2620
Prime location off Grand River Avenue just west of Latson Road and just east of downtown Spaces from 1,000 SF to 2,620 SF (endcap available) Great exposure along Grand River Ave w/over traffic count over 25,000 per day Surrounded by national retailers – Home Depot, Walmart, Lowe’s, Meijer’s, Auto Zone, Hobby Lobby and Family Farm & Home Average HH Income exceeds $116,000 w/in 3-mile radius Lease Rate – Asking $12/SF, NNN
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
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 NEWTOWNE CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Advance America
- Check Cash/Quick Loans
- 1,994
- National
- Allen K Ryan Chicken & Ribs
- Restaurant
- 1
- Local
- Exertion Nutrition
- Accommodation and Food Services
- 1
- Local
- Mexicali And More
- Restaurant
- 1
- Local
- Michigan Education Association
- Other Services
- 26
- Local
- Rent-A-Center
- Rental Shop
- 3,245
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Advance America | Check Cash/Quick Loans | 1,994 | National |
| Allen K Ryan Chicken & Ribs | Restaurant | 1 | Local |
| Exertion Nutrition | Accommodation and Food Services | 1 | Local |
| Mexicali And More | Restaurant | 1 | Local |
| Michigan Education Association | Other Services | 26 | Local |
| Rent-A-Center | Rental Shop | 3,245 | International |
PROPERTY FACTS
| Total Space Available | 6,914 SF | Total Land Area | 5.00 AC |
| Property Type | Retail | Year Built | 1989 |
| Property Subtype | Storefront | Parking Ratio | 9/1,000 SF |
| Gross Leasable Area | 25,318 SF |
| Total Space Available | 6,914 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 25,318 SF |
| Total Land Area | 5.00 AC |
| Year Built | 1989 |
| Parking Ratio | 9/1,000 SF |
ABOUT THE PROPERTY
Prime location off Grand River Avenue just west of Latson Road and just east of downtown Spaces from 1,000 SF to 2,620 SF (endcap available) Great exposure along Grand River Ave w/over traffic count over 25,000 per day Surrounded by national retailers – Home Depot, Walmart, Lowe’s, Meijer’s, Auto Zone, Hobby Lobby and Family Farm & Home Average HH Income exceeds $116,000 w/in 3-mile radius Lease Rate – Asking $12/SF, NNN
- Signage
NEARBY MAJOR RETAILERS
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Newtowne Center | 2518-2620 E Grand River Ave
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