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406 15th St 7,784 SF of Retail Space Available in Canyon, TX 79015
HIGHLIGHTS
- Prime location on the Canyon Downtown Square, a bustling area surrounded by thriving restaurants, boutiques, and a mix of local retailers
- Exceptional commercial property offers a versatile space with high ceilings and rich historical character
- Heavy foot traffic with strong daily traffic counts
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,784 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $77,840 /YR $6,487 /MO | Triple Net (NNN) |
1st Floor
NNN: $3.00 psf (estimated)
- 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.
PROPERTY FACTS
| Total Space Available | 7,784 SF | Gross Leasable Area | 7,784 SF |
| Property Type | Retail | Year Built/Renovated | 1925/1980 |
| Total Space Available | 7,784 SF |
| Property Type | Retail |
| Gross Leasable Area | 7,784 SF |
| Year Built/Renovated | 1925/1980 |
ABOUT THE PROPERTY
406 15th Street, Canyon, TX Former Local Hardware Store – Prime Downtown Location Situated in the heart of Canyon's thriving Downtown Square, this exceptional 7,784 sq ft commercial property offers a versatile space with high ceilings and rich historical character, ideal for a wide range of retail, restaurant, or office uses. Once home to a beloved local hardware store, the building’s open layout and classic architectural details make it a perfect canvas for entrepreneurs seeking to join the vibrant and growing downtown scene. Canyon’s Downtown Dining District has quickly become a local and regional destination, attracting food lovers from near and far with a diverse array of dining options—from Asian fusion to New American cuisine, wood-fired pizza to craft cocktails. The area is known for its soul-satisfying culinary offerings, and the locally adored coffee house here was named America’s Best Coffee House by DaVinci Gourmet. With such an eclectic mix of flavors, the district is an authentic gem in the Texas Panhandle and offers a prime opportunity for retail or restaurant entrepreneurs. Key Property Features: • 7,784 sq ft of flexible commercial space with high ceilings, providing endless possibilities for a dynamic business environment • Prime location on the Canyon Downtown Square, a bustling area surrounded by thriving restaurants, boutiques, and a mix of local retailers • Heavy foot traffic with daily traffic counts ranging from 10,500 to 15,000 vehicles on nearby main roads, positioning your business for visibility and success • Easy access to The Shops on Fifth Avenue, Canyon’s appealing outdoor mall that adds to the area’s shopping vibrancy • Positioned in a growing community, with tax revenues rising over 11% in 2017 and ongoing increases in employment and earnings—making it clear that Canyon is an up-and-coming hub for families and businesses alike Whether you’re looking to open a new restaurant, retail store, or mixed-use business, this property offers the space, location, and potential for long-term success. Canyon’s Downtown Square is a place where history meets opportunity, and this property is the perfect foundation for your next business venture. Don’t miss your chance to be part of Canyon’s growing commercial and cultural landscape!
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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406 15th St
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