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604 W Xenia Dr 4,378 SF of Retail Space Available in Fairborn, OH 45324
Highlights
- Flexible Renovation Opportunity
- Tenant-Friendly Terms & Optional Expansion
- Former Bar/Restaurant with Equipment
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,378 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $35,024 /YR $2,919 /MO | Plus All Utilities |
1st Floor
The space is not in the condition is not in the same condition as the pictures. I'm mainly looking for a tenant for the first floor and basement, but am open to discussing the side business, and second story apartment as well. Due to water damage, much of the interior of the first floor and basement was removed. A professional water renovation company was used, and the building is without mold or mildew. Flooring, drywall work, and other repairs are needed. This is an opportunity to individualize your business, and have it renovated just as you'd like. I'm open to any type of business. I would grant the occupier time to do the renovations and become operational before paying rent. The first floor and basement were priorly the bar/restaurant. All of the kitchen equipment and appliances are still there, and available for use. Ample yard space to host outdoors. Formerly held a liquor license.
- Listed lease rate plus proportional share of utilities
- Space In Need of Renovation
- Central Air and Heating
- Private Restrooms
- Corner Space
- High Ceilings
- Drop Ceilings
- Exposed Ceiling
- Basement
- Yard
- Smoke Detector
- Located in Downtown Fairborn within a DORA zone.
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 | 4,378 SF | Gross Leasable Area | 4,378 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Freestanding | Parking Ratio | 3.43/1,000 SF |
| Total Space Available | 4,378 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,378 SF |
| Year Built | 1900 |
| Parking Ratio | 3.43/1,000 SF |
About the Property
The space is not in the condition is not in the same condition as the pictures. I'm mainly looking for a tenant for the first floor and basement, but am open to discussing the side business, and second story apartment as well. Due to water damage, much of the interior of the first floor and basement was removed. A professional water renovation company was used, and the building is without mold or mildew. Flooring, drywall work, and other repairs are needed. Electric and major appliances all functional. This is an opportunity to individualize your business, and have it renovated just as you'd like. I'm open to any type of business. I would grant the occupier time to do the renovations and become operational before paying rent. The first floor and basement was previously a bar/restaurant. All of the kitchen equipment and appliances are still there, and available for use. Ample yard space to host outdoors. Formerly held a liquor license.
- Signalized Intersection
Nearby Major Retailers
Presented by
Gregory Gawel
604 W Xenia Dr
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