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Palestine Towne Centre 321 E Spring St 1,225 - 2,450 SF of Office Space Available in Palestine, TX 75801

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HIGHLIGHTS

  • 7 offices, conference room, 2 restrooms, break room, storage room, dedicated waiting area and reception area
  • Easily accessible
  • Ample Parking
  • Ability to subdivide

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor, Ste 121
  • 1,225-2,450 SF
  • Negotiable
  • $11.00 /SF/YR $0.92 /SF/MO $26,950 /YR $2,246 /MO
  • Triple Net (NNN)
321 E Spring St - 1st Floor - Ste 121
Space Use
Office
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • 7 Private Offices
  • 1 Conference Room
  • Reception Area
  • Private Restrooms
Space Size Term Rental Rate Rent Type
1st Floor, Ste 121 1,225-2,450 SF Negotiable $11.00 /SF/YR $0.92 /SF/MO $26,950 /YR $2,246 /MO Triple Net (NNN)

321 E Spring St - 1st Floor - Ste 121

Size
1,225-2,450 SF
Term
Negotiable
Rental Rate
$11.00 /SF/YR $0.92 /SF/MO $26,950 /YR $2,246 /MO
Rent Type
Triple Net (NNN)
Space Use
Office
Availability
Now

  • Lease rate does not include utilities, property expenses or building services
  • 7 Private Offices
  • 1 Conference Room
  • Reception Area
  • Private Restrooms

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.

SITE PLAN

PROPERTY FACTS

Total Space Available 2,450 SF
Min. Divisible 1,225 SF
Center Type Strip Center
Parking 79 Spaces
Stores 10
Center Properties 1
Gross Leasable Area 14,925 SF
Total Land Area 1.45 AC
Year Built 1987
Cross Streets E Spring & Mallard

ABOUT THE PROPERTY

2,450 sf of office space available with the ability to subdivide. Located next to Kroger in the Palestine Town Center. Surrounding tenants include USA Donuts, Palestine Finance, Western Shamrock, Smoke Kulture, Wendy Nails & Spa, Preferred Choice Income Tax, Gold Star Finance, Freeway Insurance, Livingston Hearing Aids, and China Massage.

  • Corner Lot
  • Tenant Controlled HVAC
Walk Score®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Kroger
Verabank
Prosperity Bank
Regions Bank
  • Listing ID: 28807013

  • Date on Market: 6/20/2023

  • Last Updated:

  • Address: 321 E Spring St, Palestine, TX 75801

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