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Chestnut Commons 300-366 Chestnut Commons Dr 1,465 - 4,855 SF of Space Available in Elyria, OH 44035
HIGHLIGHTS
- Join a vibrant mix of businesses including Discount Drug Mart, Verizon Wireless, Rent A Center, Wing Stop, Romeo’s Pizza, Burger King and more.
- Benefit from proximity to popular establishments such as Dollar Tree, Petco, Panera Bread, Cleveland Clinic, Ohio BMV, and more.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,465-2,920 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 6 | 1,935 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
1st Floor, Ste 6
This prime retail plaza spans 45,743 sq ft and is located at 110 – 390 Chestnut Commons Drive, at the bustling intersection of Rt 57 and Chestnut Ridge. Positioned at the entrance of the SuperWalmart development, this location offers high visibility and foot traffic.
- Located in-line with other retail
- High visibility and foot traffic
- Intersection of Rt 57 and Chestnut Ridge
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 | 4,855 SF | Total Land Area | 5.40 AC |
| Min. Divisible | 1,465 SF | Year Built | 2007 |
| Property Type | Retail | Parking Ratio | 1.09/1,000 SF |
| Gross Leasable Area | 23,195 SF | Cross Streets | NEC Chestnut Ridge Rd & State Rte 5 |
| Total Space Available | 4,855 SF |
| Min. Divisible | 1,465 SF |
| Property Type | Retail |
| Gross Leasable Area | 23,195 SF |
| Total Land Area | 5.40 AC |
| Year Built | 2007 |
| Parking Ratio | 1.09/1,000 SF |
| Cross Streets | NEC Chestnut Ridge Rd & State Rte 5 |
ABOUT THE PROPERTY
Located on Chestnut Commons in front of SuperWalmart. Anchored by Discount Drug Mart and inline with Verizon, Wing Stop, Rent A Center, The rear signage of the building faces Rt 57.
- Signage
NEARBY MAJOR RETAILERS
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Chestnut Commons | 300-366 Chestnut Commons Dr
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