Your email has been sent.
521 N William St. Brand-New Strip Center 521 N Williams St 2,300 SF of Retail Space Available in South Bend, IN 46616
Highlights
- 2,300 SF in a brand-new strip center on N William St.
- Great visibility
- Plenty of natural light
- Excellent proximity
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,300 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $41,400 /YR $3,450 /MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
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 | 2,300 SF | Gross Leasable Area | 8,100 SF |
| Property Type | Retail | Year Built | 1941 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 8.4/1,000 SF |
| Total Space Available | 2,300 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 8,100 SF |
| Year Built | 1941 |
| Parking Ratio | 8.4/1,000 SF |
About the Property
Fantastic opportunity for your business in 2,300 SF of a brand-new strip center built with great visibility on N William St, W Navarre St, and W Marion St (15,000 cars a day total surrounding the property, INDOT Traffic Counts). Join Burton's Laundry just 1 block west of Beacon/Memorial Hospital, just outside Downtown South Bend. With 3 walls having large glass windows, the space boasts plenty of natural light. Suite has entrances both from the parking lot and on N William St. The space includes a large open area partially partitioned into rooms/work areas. Also, there are 2 restrooms, a kitchenette, and storage area. Water, sewer, electric, gas, and HVAC are all installed in the unit. Water, sewer, and trash dumpster are all included in the rent. Tenant is responsible for gas, electric, and proration of taxes and building insurance. **NOTE: Property currently has 1.5 years left on a tax abatement. Tenant will not have to pay their proration of taxes until January 2028.** Property is also only 1 mile from beautiful Howard Park and East Race section of Downtown South Bend, 2 miles from the University of Notre Dame and Eddy Street Commons, 2.5 miles from the IN-Toll Road interchange at IN-933 (S Dixie Way), and 3.5 miles from the South Bend International Airport.
- Signage
Nearby Major Retailers
Contact the Leasing Agent
521 N William St. Brand-New Strip Center | 521 N Williams St