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449 Cottonwood Dr 3,600 SF of Retail Space Available in Seymour, IN 47274
HIGHLIGHTS
- Located at first signalized intersection just off I-65
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,600 SF | 5 Years | $30.00 /SF/YR $2.50 /SF/MO $108,000 /YR $9,000 /MO | Triple Net (NNN) |
1st Floor
- 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 449 COTTONWOOD DR, SEYMOUR, IN 47274
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Penn Station East Coast Subs
- Sub Sandwich
- 381
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Penn Station East Coast Subs | Sub Sandwich | 381 | National |
PROPERTY FACTS
| Total Space Available | 3,600 SF | Gross Leasable Area | 5,400 SF |
| Property Type | Retail | Year Built | 2023 |
| Property Subtype | Fast Food |
| Total Space Available | 3,600 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 5,400 SF |
| Year Built | 2023 |
ABOUT THE PROPERTY
449 Cottonwood Drive has many advantages including strong local ownership in Southern Indiana. The developer is open to provide space offerings with maximum flexibility and multiple options. The lease offering rates are based upon the amount of tenant build-out required. The main entrance into the parking area faces south towards U.S. Highway 50 making traveling to center an easy right hand turn off U.S. Highway 50 (Tipton Street). This location makes this the very first destination retail center off I-65 towards greater Seymour. The Landlord owns other properties through South Central Indiana with their home base in Seymour attentive to Tenant needs when they arise. Unless otherwise negotiated, the Landlord provides all spaces in Vanilla box condition including HVAC, ceiling tiles, lighting and basic wall paint, with one restroom and 200 AMP electrical service. The tenant is responsible for floor coverings, and signage is permitted on the building.
NEARBY MAJOR RETAILERS
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449 Cottonwood Dr
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