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Midtown Plaza 311 S Gloster St 1,416 SF of Retail Space Available in Tupelo, MS 38801
Highlights
- One of the highest average traffic volumes in the market at 28,000 vehicles per day (including visibility from Main St)
- Easy access and convenient location allows customers to enter and exit parking lot easily
- Space is adjacent to new Bulldog Burger Company, directly across from Walmart Neighborhood Market
- Tenant Improvement Allowance available for credit-worthy prospects
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,416 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Highly Desirable End Cap 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 | 1,416 SF | Gross Leasable Area | 7,200 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 7.64/1,000 SF |
| Total Space Available | 1,416 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,200 SF |
| Year Built | 1950 |
| Parking Ratio | 7.64/1,000 SF |
About the Property
Highly adaptable spaces adjacent to gourmet burger company Bulldog Burger Co, located directly across from the newly opened Walmart Neighborhood Market. Controlled access, signalized intersection provides efficient traffic flow. One of the highest average traffic volumes in the market at 28,000 vehicles per day (including visibility from Main St). Available space comprised of 1,416 SF with 300 SF shared restroom. Abundant parking with over 55 lined parking space plus an additional .5 acre overflow parking. Tenant Improvement Allowance available for credit-worthy prospects. Located near a signalized intersection, directly across from a newly constructed Walmart Neighborhood Market on the primary business corridor in Tupelo Ms. Traffic can easily access the signalized intersection providing easy ingress / egress in a sector of town known for extremely dense traffic volumes. Other retailers of note in the immediate area are Kroger, Walgreens, CVS, and McAlister's Deli
Nearby Major Retailers
Presented by
Midtown Plaza | 311 S Gloster St
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