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FUTURE RETAIL REDEVELOPMENT 405 State 171 Hwy 2,000 SF of Retail Space Available in Godley, TX 76044
Highlights
- Prime Road Frontage on Hwy 171, Godley’s Main Thoroughfare
- 38 Parking Spaces | 8:1 Parking Ratio
- Leasable Space Dimensions: 37"w x 53"d
- Monument Signage Available
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Fully Built-Out as a Restaurant or Café Space
- Space is an outparcel at this property
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.
Property Facts
| Total Space Available | 2,000 SF | Gross Leasable Area | 4,500 SF |
| Property Type | Retail | Year Built | 1987 |
| Property Subtype | Storefront Retail/Office | Construction Status | Under Renovation |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 4,500 SF |
| Year Built | 1987 |
| Construction Status | Under Renovation |
About the Property
2,000 SF Retail Redevelopment Now Available for Lease in Rapidly Growing Godley, Texas • Excellent visibility and access on Hwy 171, surrounded by national retailers and expanding residential communities • Surrounding National Retailers include Domino's, Dairy Queen, O'Reilly Auto Parts, Subway, Dollar General, Wal-Mart and Future McDonald's • Located within miles of multiple single family home communities, including the new Bluejack Ranch with a championship golf course designed by Tiger Woods • Diverse Tenant Potential: Flexible 2,000 SF space, suitable for retail, coffee shop, medical or service uses • Rapid Population Growth: 1-mile radius population projected to more than triple from 2010 to 2031, with 25% growth expected from 2026-2031 in the 5-mile area • Affluent Demographics: Median household incomes exceed $100,000 within 1-3 miles, supporting strong retail demand
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FUTURE RETAIL REDEVELOPMENT | 405 State 171 Hwy
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