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Highlights
- All utilities included in lease
- Conference room
- Ample parking on site
- Vending machines
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 110 | 1,390 SF | 2-5 Years | $20.00 /SF/YR $1.67 /SF/MO $27,800 /YR $2,317 /MO | Triple Net (NNN) |
3839 Merle Hay Rd - 1st Floor - Ste 110
Small retail bay at Merle Hay Mart, right across Merle Hay Road from Merle Hay Mall, Target, Starbucks and Applebees. Mostly open retail space, one restroom, small backroom space. Join Jimmy Johns, Sherwin Williams, Big Red Q Printing and others in this busy retail center.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 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.
Select Tenants at Merle Hay Mart
- Tenant
- Description
- US Locations
- Reach
- Europa Groceries Inc
- Other Retail
- 1
- Local
- Eychaner Properties
- Real Estate
- 1
- Local
- Halo Capital
- -
- 1
- -
- Helping U Hear
- Health & Beauty Aids
- 1
- Local
- Jeannie's Bottle
- Drinks/Juices
- 1
- Local
- NAMI Iowa
- Other Services
- 1
- Local
| Tenant | Description | US Locations | Reach |
| Europa Groceries Inc | Other Retail | 1 | Local |
| Eychaner Properties | Real Estate | 1 | Local |
| Halo Capital | - | 1 | - |
| Helping U Hear | Health & Beauty Aids | 1 | Local |
| Jeannie's Bottle | Drinks/Juices | 1 | Local |
| NAMI Iowa | Other Services | 1 | Local |
Property Facts
| Total Space Available | 1,390 SF | Frontage | 318’ on Merle Hay Rd |
| Center Type | Neighborhood Center | Gross Leasable Area | 46,836 SF |
| Parking | 170 Spaces | Total Land Area | 2.05 AC |
| Stores | 2 | Year Built | 1962 |
| Center Properties | 1 |
| Total Space Available | 1,390 SF |
| Center Type | Neighborhood Center |
| Parking | 170 Spaces |
| Stores | 2 |
| Center Properties | 1 |
| Frontage | 318’ on Merle Hay Rd |
| Gross Leasable Area | 46,836 SF |
| Total Land Area | 2.05 AC |
| Year Built | 1962 |
About the Property
The Merle Hay Mart is located directly across Merle Hay Rd from Merle Hay Mall. This center offers a common area and various sized suites to its tenants. There is maintenance located on site as well as a nightly janitorial service. There is ample parking for customers and employees on site.
- Bus Line
- Conferencing Facility
- Property Manager on Site
- Pylon Sign
- Security System
- Signalized Intersection
- Air Conditioning
Nearby Major Retailers
Presented by
Merle Hay Mart | 3839 Merle Hay Rd
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