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615 Smith Street 3,685 SF of Retail Space Available in Clearwater, MN 55320
Highlights
- Property is well located being only 0.25 miles from Interstate-94
- Salon features eight stations, three wash stations, and four hair drying chairs
- Property also includes a large reception/waiting area, dispensary/color bar, break room, and 30 parking stalls
- The space has a functional and efficient layout
- Spa features three manicure stations, three pedicure stations, and two private massage rooms
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,685 SF | Negotiable | $16.00 /SF/YR $1.33 /SF/MO $58,960 /YR $4,913 /MO | Triple Net (NNN) |
1st Floor
3,685 square foot turn-key salon & spa available for sale or lease
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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 | 3,685 SF | Gross Leasable Area | 3,685 SF |
| Property Type | Retail | Year Built | 1975 |
| Property Subtype | Freestanding | Parking Ratio | 8.14/1,000 SF |
| Total Space Available | 3,685 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 3,685 SF |
| Year Built | 1975 |
| Parking Ratio | 8.14/1,000 SF |
About the Property
Inventure Real Estate is pleased to present the former Andra K Salon & Spa, a 3,685-square-foot turn-key salon and spa located at 615 Smith Street in Clearwater, Minnesota, available for sale or lease. This well-designed, fully equipped space allows an owner-user or operator to step in without the time and expense of a new build-out. The property features a welcoming reception area, eight salon stations, three wash stations, and four drying chairs, along with a full service spa setup including three manicure stations, three pedicure stations, and two private massage rooms. Additional amenities include a dispensary/color bar, staff break room, and approximately 30 parking stalls. Located in Clearwater with convenient access to major roadways, this property offers strong accessibility and visibility within the community. With its comprehensive build-out, functional layout, and availability for both sale or lease, 615 Smith St presents an excellent opportunity for salon professionals looking to establish or expand their presence in a growing market
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615 Smith Street
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