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510 LOCUST ST., MIDDLETOWN, IN 510 Locust St 1,206 SF of Retail Space Available in Middletown, IN 47356
Highlights
- HIGH VISIBILITY LOCATION.
- Located in downtown Middletown's commercial district.
- TENANT IMPROVEMENT ALLOWANCE AND/OR FREE RENT OPPORTUNITY!
- Mixed-use building supports a variety of business uses.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,206 SF | Negotiable | $6.97 /SF/YR $0.58 /SF/MO $8,406 /YR $700.49 /MO | Full Service |
1st Floor
GREAT LOCATION FOR YOUR NEW OR EXISTING BUSINESS! LOCATED IN DOWNTOWN MIDDLETOWN WITH LARGE GLASS WINDOWS IDEAL FOR RETAIL BUSINESSES OR SHOPS, RESTAURAUNTS, OR BUSINESSES LOOKING TO GAIN BRAND AWARENESS AND VISIBLITY IN THE COMMUNITY. THIS LOWER LEVEL UNIT IS LOCATED IN A MIXED USE BUILDING IN THE HEART OF DOWNTOWN MIDDLETOWN. THIS UNIT OFFERS OVER 1206 S.F. OF LEASEABLE SPACE READY FOR YOUR DESIGN TRANSFORMATION. THIS SPACE HAS BEEN VACANT FOR QUITE SOME TIME AND OFFERS AVAILABLE PLUMBING AND ELECTRICAL FOR KITCHEN AND BATHROOM AREAS. THIS UNIT OFFERS FULL TRANSFORMATION CAPABILITIES AS IT WILL NEED SIGNIFICANT REHAB AND REPAIRS TO BE READY FOR YOUR OCCUPANCY. IF YOU ARE LOOKING TO DESIGN AND CREATE YOUR OWN COMMERCIAL OFFICE OR RETAIL SHOP, THIS UNIT MAY BE PERFECT FOR YOU! OWNER IS WILLING TO OFFER TENANT IMPROVEMENT ALLOWANCES AND/OR POTENTIALLY FREE-RENT OPTIONS FOR LONG-TERM 3- AND 5-YEAR LEASE OPTIONS. OWNER IS WILLING TO CONSIDER SHORTER-TERM LEASES IF REQUIRED. OPEN TO OFFERS AND NEGOTIATIONS SHOULD THIS SPACE BE A GREAT FIT FOR YOUR CURRENT OR EXISTING BUSINESS! OFF-STREET PARKING AVAILABLE. ALL UTILITIES INCLUDED IN RENT – OWNER PAYS. NO LAWNCARE MAINTENANCE.
- Rate includes utilities, building services and property expenses
- Located in-line with other retail
- Space In Need of Renovation
- Central Air and Heating
- Private Restrooms
- HIGH VISIBILITY LOCATION
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 | 1,206 SF | Gross Leasable Area | 1,206 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront |
| Total Space Available | 1,206 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,206 SF |
| Year Built | 1900 |
About the Property
GREAT LOCATION FOR YOUR NEW OR EXISTING BUSINESS! LOCATED IN DOWNTOWN MIDDLETOWN WITH LARGE GLASS WINDOWS IDEAL FOR RETAIL BUSINESSES OR SHOPS, RESTAURAUNTS, OR BUSINESSES LOOKING TO GAIN BRAND AWARENESS AND VISIBLITY IN THE COMMUNITY. THIS LOWER LEVEL UNIT IS LOCATED IN A MIXED USE BUILDING IN THE HEART OF DOWNTOWN MIDDLETOWN. THIS UNIT OFFERS OVER 1206 S.F. OF LEASEABLE SPACE READY FOR YOUR DESIGN TRANSFORMATION. THIS SPACE HAS BEEN VACANT FOR QUITE SOME TIME AND OFFERS AVAILABLE PLUMBING AND ELECTRICAL FOR KITCHEN AND BATHROOM AREAS. THIS UNIT OFFERS FULL TRANSFORMATION CAPABILITIES AS IT WILL NEED SIGNIFICANT REHAB AND REPAIRS TO BE READY FOR YOUR OCCUPANCY. IF YOU ARE LOOKING TO DESIGN AND CREATE YOUR OWN COMMERCIAL OFFICE OR RETAIL SHOP, THIS UNIT MAY BE PERFECT FOR YOU! OWNER IS WILLING TO OFFER TENANT IMPROVEMENT ALLOWANCES AND/OR POTENTIALLY FREE-RENT OPTIONS FOR LONG-TERM 3- AND 5-YEAR LEASE OPTIONS. OWNER IS WILLING TO CONSIDER SHORTER-TERM LEASES IF REQUIRED. OPEN TO OFFERS AND NEGOTIATIONS SHOULD THIS SPACE BE A GREAT FIT FOR YOUR CURRENT OR EXISTING BUSINESS! OFF-STREET PARKING AVAILABLE. ALL UTILITIES INCLUDED IN RENT – OWNER PAYS. NO LAWNCARE MAINTENANCE.
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Contact the Leasing Agent
510 LOCUST ST., MIDDLETOWN, IN | 510 Locust St