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Village Square Shopping Center 5800 Merle Hay Rd 1,376 SF of Retail Space Available in Johnston, IA 50131
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 9 | 1,376 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $19,264 /YR $1,605 /MO | Triple Net (NNN) |
5800 Merle Hay Rd - 1st Floor - Ste 9
• Prominent Location – frontage along Merle Hay Road • High Visibility – 20,300 vehicles per day • Vibrant Retail Area – near HyVee, ACE Hardware, Wells Fargo, Greenbriar Restaurant, and 0.1 miles from Johnston Town Center (Backpocket Pin & Pixel, Blue Bean Coffee, The Cork, splash pad, farmers market, concerts & events) • Ready-to-Use Space – ideal setup for a cafe or beverage concept • Adaptable Layout – suitable for retail, service, or office users • Convenient Access – one mile north of I-80/I-35 interchange • Ample Parking – shared lot with generous customer parking • Dynamic Market – located in one of the metro’s most desirable suburb
- 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.
SELECT TENANTS AT VILLAGE SQUARE SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Biova LLC
- -
- 1
- -
- Fashion Nails
- Salon/Barber/Spa
- 1
- Local
- Frame Works
- Furniture/Mattress
- 1
- Local
- Henning Construction Company
- Other Services
- 3
- Local
- Kumon
- Other Services
- 2,376
- International
- Tracey 4 Tots
- Daycare
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Biova LLC | - | 1 | - |
| Fashion Nails | Salon/Barber/Spa | 1 | Local |
| Frame Works | Furniture/Mattress | 1 | Local |
| Henning Construction Company | Other Services | 3 | Local |
| Kumon | Other Services | 2,376 | International |
| Tracey 4 Tots | Daycare | 1 | Local |
PROPERTY FACTS
| Total Space Available | 1,376 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 133,917 SF |
| Parking | 554 Spaces | Total Land Area | 113.11 AC |
| Stores | 25 | Year Built | 1982 |
| Center Properties | 7 |
| Total Space Available | 1,376 SF |
| Center Type | Neighborhood Center |
| Parking | 554 Spaces |
| Stores | 25 |
| Center Properties | 7 |
| Frontage | |
| Gross Leasable Area | 133,917 SF |
| Total Land Area | 113.11 AC |
| Year Built | 1982 |
FEATURES AND AMENITIES
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Village Square Shopping Center | 5800 Merle Hay Rd
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