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New Boston Mall 3550-3644 Rhodes Ave 3,200 SF of Retail Space Available in New Boston, OH 45662
HIGHLIGHTS
- Mutually beneficial tenant mix
- Busy East / West traffic flow
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3644 | 3,200 SF | Negotiable | $13.00 /SF/YR $1.08 /SF/MO $41,600 /YR $3,467 /MO | Triple Net (NNN) |
3520-3644 Rhodes Ave - 1st Floor - Ste 3644
- Lease rate does not include utilities, property expenses or building services
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 NEW BOSTON MALL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- CBS Factory Direct
- Retailer
- 1
- -
- CosmoProf
- Health & Beauty Aids
- 1,322
- International
- Dollar General
- Dollar/Variety/Thrift
- 22,295
- International
- GSA
- Public Administration
- 1
- -
- Peter Harris Clothes
- Unisex Apparel
- 112
- National
- U.S. Department of Labor
- Other Office
- 487
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| CBS Factory Direct | Retailer | 1 | - |
| CosmoProf | Health & Beauty Aids | 1,322 | International |
| Dollar General | Dollar/Variety/Thrift | 22,295 | International |
| GSA | Public Administration | 1 | - |
| Peter Harris Clothes | Unisex Apparel | 112 | National |
| U.S. Department of Labor | Other Office | 487 | National |
PROPERTY FACTS
| Total Space Available | 3,200 SF | Frontage | 300’ on Rhodes Ave. |
| Center Type | Community Center | Gross Leasable Area | 227,234 SF |
| Parking | 761 Spaces | Total Land Area | 21.16 AC |
| Stores | 10 | Year Built | 1978 |
| Center Properties | 3 | Cross Streets | Rose & West Ave |
| Total Space Available | 3,200 SF |
| Center Type | Community Center |
| Parking | 761 Spaces |
| Stores | 10 |
| Center Properties | 3 |
| Frontage | 300’ on Rhodes Ave. |
| Gross Leasable Area | 227,234 SF |
| Total Land Area | 21.16 AC |
| Year Built | 1978 |
| Cross Streets | Rose & West Ave |
ABOUT THE PROPERTY
This center is located on the main East / West thoroughfare in New Boston next to Portsmouth, Ohio. It's a great center with long term tenants which indicates stability and success for the next tenant. Rents and NNNs are low, so tenants can maximize on profits while the landlord is pleased with his ROI. The HVAC serving this unit has recently been installed. The LL's agent is working to establish a pylon sign near the entrance to the center which will provide additional visibility to attract more customers.
- Dedicated Turn Lane
NEARBY MAJOR RETAILERS
Presented by
The Russell Group
New Boston Mall | 3550-3644 Rhodes Ave
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