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609 Avenue H 3,402 SF of Retail Space Available in Shallowater, TX 79363
HIGHLIGHTS
- Lease Option with Purchase of Fred's Garage Business
- New Building with Automatic Screened in Patio
- Established and Thriving Local Hot Spot
- Large Fenced in Turf Yard
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,402 SF | 10 Years | $15.00 /SF/YR $1.25 /SF/MO $51,030 /YR $4,253 /MO | Triple Net (NNN) |
1st Floor
Space is 3402 sqft with a large covered and screened in patio.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Automatic Blinds
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 | 3,402 SF | Gross Leasable Area | 3,402 SF |
| Property Type | Retail | Year Built | 2023 |
| Property Subtype | Auto Repair |
| Total Space Available | 3,402 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 3,402 SF |
| Year Built | 2023 |
ABOUT THE PROPERTY
LEASE OPTION FOR BUILDING WITH PURCHASE OF FRED'S GARAGE BUSINESS Business For Sale to Include FF&E at $525K and required purchase in order to lease this building Fred’s Garage is a thriving, fully operational business with a strong brand and loyal following. This sale business name, proprietary recipes, commercial kitchen equipment, furnishings, fixtures, inventory, and décor. Everything you need to take over seamlessly. *The owners thoughtfully blended history and design, incorporating original elements from the historic Fred’s, including the iconic sign and custom artwork. Every detail was hand-selected, making this a true community gem. *Experienced staff is willing to stay, and there’s room to grow. A rare chance to step into a beloved, income-producing business from day one.
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609 Avenue H
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