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Five Lakes Centre 308 S State St 1,050 - 118,957 SF of Space Available in Fairmont, MN 56031
SPACE AVAILABILITY (10)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 10 | 53,000 SF | 12’ - 18’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 10A | 25,000 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 220 | 1,652 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 230 | 1,360 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 250 | 1,050 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 270 | 1,616 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 300 | 12,879 SF | 12’ - 18’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 35 | 14,000 SF | 12’ - 18’ | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | |
| 1st Floor - 45 | 7,000 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | |
| 1st Floor, Ste 50 | 1,400 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
308 S State St - 1st Floor - Ste 10
Former J.C Penney building 55000sqft can be divided into 2 Spaces each 20000 to 30000 sqft, Retail/Warehouse/Storage
- Finished Ceilings: 12’ - 18’
308 S State St - 1st Floor - Ste 10A
- Partially Built-Out as Standard Retail Space
308 S State St - 1st Floor - Ste 220
308 S State St - 1st Floor - Ste 230
Can be used as restaurant space
- Mostly Open Floor Plan Layout
- Fits 4 - 11 People
308 S State St - 1st Floor - Ste 250
- Mostly Open Floor Plan Layout
- Fits 3 - 9 People
308 S State St - 1st Floor - Ste 270
308 S State St - 1st Floor - Ste 300
12000 sqft Available for Rent for Retail/Office.
- Partially Built-Out as Standard Retail Space
- Finished Ceilings: 12’ - 18’
308 S State St - 1st Floor - Ste 35
14000sqft Junior Box available for Retail.
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Finished Ceilings: 12’ - 18’
- Mostly Open Floor Plan Layout
308 S State St - 1st Floor - 45
Can be used as Retail/Offices/Storage Space
308 S State St - 1st Floor - Ste 50
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 4 - 12 People
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 FIVE LAKES CENTRE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Aventure Staffing & Pro Service
- Employment Agency
- 1
- Local
- CareerForce in Fairmont
- Employment Agency
- 1
- Local
- China Buffet Chinese Restaurant
- Other Services
- 1
- Local
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- Social Security Administration
- Other Services
- 1,923
- National
- Sterling Pharmacy
- Drug Store
- 14
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Aventure Staffing & Pro Service | Employment Agency | 1 | Local |
| CareerForce in Fairmont | Employment Agency | 1 | Local |
| China Buffet Chinese Restaurant | Other Services | 1 | Local |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| Social Security Administration | Other Services | 1,923 | National |
| Sterling Pharmacy | Drug Store | 14 | Local |
PROPERTY FACTS
| Total Space Available | 118,957 SF | Frontage | South State Street |
| Center Type | Community Center | Gross Leasable Area | 315,068 SF |
| Parking | 181 Spaces | Total Land Area | 57.15 AC |
| Stores | 40 | Year Built | 1970 |
| Center Properties | 6 | Cross Streets | NEC S State St & Blue Earth Ave |
| Total Space Available | 118,957 SF |
| Center Type | Community Center |
| Parking | 181 Spaces |
| Stores | 40 |
| Center Properties | 6 |
| Frontage | South State Street |
| Gross Leasable Area | 315,068 SF |
| Total Land Area | 57.15 AC |
| Year Built | 1970 |
| Cross Streets | NEC S State St & Blue Earth Ave |
ABOUT THE PROPERTY
Retail/Office/Storage Spaces available for rent 1000sqft to 55000sqft.
- Banking
- Corner Lot
- Food Court
- Mezzanine
- Property Manager on Site
- Restaurant
- Security System
- Tenant Controlled HVAC
- Kiosk/Cart Space
- Enclosed Mall
- Drive Thru
- Storage Space
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
Presented by
L & R
Five Lakes Centre | 308 S State St
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