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325 Cleat St 10,000 SF of Retail Space Available in Stevensville, MD 21666
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,000 SF | Negotiable | $18.50 /SF/YR $1.54 /SF/MO $185,000 /YR $15,417 /MO | TBD |
1st Floor
The full building is 10,000 SF. 4,000 SF is made up of a former bar/retail space and 6,000 SF is an operational marine/RV service center. Options are to lease the entire 10,000 SF or just the 4,000 SF bar/retail space.
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 325 CLEAT ST, STEVENSVILLE, MD 21666
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Yachts By Owner; Inc.
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Yachts By Owner; Inc. | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 10,000 SF | Year Built | 2009 |
| Property Type | Retail | Parking Ratio | 1/1,000 SF |
| Gross Leasable Area | 10,000 SF |
| Total Space Available | 10,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 10,000 SF |
| Year Built | 2009 |
| Parking Ratio | 1/1,000 SF |
ABOUT THE PROPERTY
325 Cleat Street is one of the Eastern Shore's most highly visibile assets. This is the last property with true Route 50 frontage before you head over the Bay Bridge heading westbound and the perfect opportunity for any business that needs strong visibility. Currently improved with only one 10,000 SF building, the 11-acre property is ripe with opportunity for additional development with Urban Commercial (UC) zoning. Of the 10,000 SF existing, 4,000 SF is made up of a former bar/retail space and 6,000 SF is an operational marine/RV service center. Options are to 1) purchase the entire property 2) lease the entire 10,000 SF, or 3) lease just the 4,000 SF bar/retail space.
- Signage
NEARBY MAJOR RETAILERS
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325 Cleat St
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