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St. Michael Mall 400 NE Central Ave E 1,260 SF of Retail Space Available in Saint Michael, MN 55376
HIGHLIGHTS
- High traffic counts of 19,363 VPD on HWY 241.
- Area businesses McDonald’s, Speedway, Dairy Queen, Subway, Dehmer’s Meats, O’Reilly Auto Parts, Napa Auto, Tech Mate, Dunn Brothers, Chipotle and more
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 20 | 1,260 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $20,160 /YR $1,680 /MO | Triple Net (NNN) |
1st Floor, Ste 20
1,260 SF retail space available “For Lease” (Dimensions of 25’ x 50’).
- Lease rate does not include utilities, property expenses or building services
- 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 ST. MICHAEL MALL
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Balance Nutrition
- -
- 1
- -
- China Inn
- Retailer
- 1
- -
- Eyecare Center Of St Michael
- Optical
- 1
- -
- Pure Salon Suites
- Retailer
- 1
- -
- Sakura Express
- Restaurant
- 1
- -
- St. Michael Spinal Rehab Center, Inc.
- Health Care
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Balance Nutrition | - | 1 | - |
| China Inn | Retailer | 1 | - |
| Eyecare Center Of St Michael | Optical | 1 | - |
| Pure Salon Suites | Retailer | 1 | - |
| Sakura Express | Restaurant | 1 | - |
| St. Michael Spinal Rehab Center, Inc. | Health Care | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,260 SF | Total Land Area | 2.37 AC |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Restaurant | Parking Ratio | 4.83/1,000 SF |
| Gross Leasable Area | 21,724 SF | Cross Streets | NE Orleans Dr |
| Total Space Available | 1,260 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 21,724 SF |
| Total Land Area | 2.37 AC |
| Year Built | 1988 |
| Parking Ratio | 4.83/1,000 SF |
| Cross Streets | NE Orleans Dr |
ABOUT THE PROPERTY
Retail building located in the heart of St. Michael.
- Dedicated Turn Lane
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
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St. Michael Mall | 400 NE Central Ave E
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