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Caribou Coffee & Verizon Anchored Retail 400 5th St W 1,430 SF of Retail Space Available in Northfield, MN 55057
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,430 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor
Well-located commercial space on the west side of Northfield with convenient access to Highway 19 and downtown amenities Flexible floor plan suitable for office, retail, service, or light commercial use (subject to zoning and approvals) Prominent street presence with good visibility and signage potential On-site and/or nearby parking available for employees and customers Private entrance with efficient layout that supports a variety of tenant configurations Natural light and functional ceiling heights contribute to an open, usable interior Utility infrastructure in place for standard commercial operations Suitable for owner-user or investor seeking stable Northfield market exposure Located in a mixed commercial area with established surrounding businesses Competitive operating costs relative to similar Northfield offerings
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Drop Ceilings
- Exposed Ceiling
- Emergency Lighting
- Plug & Play
- After Hours HVAC Available
- Smoke Detector
- Wheelchair Accessible
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 CARIBOU COFFEE & VERIZON ANCHORED RETAIL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Caribou Coffee
- Coffee
- 724
- International
- Stir Confections
- Restaurant
- -
- -
- Verizon
- Wireless Communications
- 8,472
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Caribou Coffee | Coffee | 724 | International |
| Stir Confections | Restaurant | - | - |
| Verizon | Wireless Communications | 8,472 | International |
PROPERTY FACTS
| Total Space Available | 1,430 SF | Year Built | 1995 |
| Property Type | Retail | Parking Ratio | 4.27/1,000 SF |
| Gross Leasable Area | 5,386 SF |
| Total Space Available | 1,430 SF |
| Property Type | Retail |
| Gross Leasable Area | 5,386 SF |
| Year Built | 1995 |
| Parking Ratio | 4.27/1,000 SF |
NEARBY MAJOR RETAILERS
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Caribou Coffee & Verizon Anchored Retail | 400 5th St W
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