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Rite Aid 27175 Center Ridge Rd 11,300 SF of Retail Space Available in Westlake, OH 44145

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HIGHLIGHTS

  • Located at a signalized intersection.

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste Bldg
  • 11,300 SF
  • Negotiable
  • $22.00 /SF/YR $1.83 /SF/MO $248,600 /YR $20,717 /MO
  • Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Available 9/1/24.

  • Lease rate does not include certain property expenses
  • Fully Built-Out as Standard Retail Space
Space Size Term Rental Rate Rent Type
1st Floor, Ste Bldg 11,300 SF Negotiable $22.00 /SF/YR $1.83 /SF/MO $248,600 /YR $20,717 /MO Net

1st Floor, Ste Bldg

Size
11,300 SF
Term
Negotiable
Rental Rate
$22.00 /SF/YR $1.83 /SF/MO $248,600 /YR $20,717 /MO
Rent Type
Net
Space Use
Retail
Condition
Full Build-Out
Availability
Now

Available 9/1/24.

  • Lease rate does not include certain property expenses
  • 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.

PROPERTY FACTS

Total Space Available 11,300 SF
Property Type Retail
Property Subtype Drug Store
Gross Leasable Area 11,300 SF
Year Built 1998
Parking Ratio 6.64/1,000 SF

ABOUT THE PROPERTY

Former Rite Aid available for sale or lease.

  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Drive Thru
  • Listing ID: 32472905

  • Date on Market: 7/16/2024

  • Last Updated:

  • Address: 27175 Center Ridge Rd, Westlake, OH 44145

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