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2540-2550 45th St 2,818 SF of Office/Retail Space Available in Highland, IN 46322
HIGHLIGHTS
- Highly Visible Location
- Great Tenant Mix
- Units Can Be Combined
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste OFFICE | 2,818 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $45,088 /YR $3,757 /MO | Double Net |
1st Floor, Ste OFFICE
- Lease rate does not include certain property expenses
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 | 2,818 SF | Gross Leasable Area | 20,092 SF |
| Property Type | Retail | Year Built | 1987 |
| Total Space Available | 2,818 SF |
| Property Type | Retail |
| Gross Leasable Area | 20,092 SF |
| Year Built | 1987 |
ABOUT THE PROPERTY
Excellent office space for Lawyers, Accountants and professionals! Large office space has multiple private offices, a conference room, kitchenette and an open floor plan for cubicles. Located at the corner of 45th St. and Spring St. in Highland. 1-Block east of Indianapolis Blvd. Highly Visible Location Units Can Be Combined Great Tenant Mix Landlord Negotiable for Tenant Improvements
NEARBY MAJOR RETAILERS
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2540-2550 45th St
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