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Five Points Plaza 634-670 W Exchange St 1,500 - 19,570 SF of Retail Space Available in Akron, OH 44302
Highlights
- Located in the Five Points Plaza on W. Exchange Street in Akron
- Multiple spaces available that would be good for office, non-profit, or educational uses
- Well-Maintained plaza with plenty of parking
- Other tenants include U.S. Postal Service, Equitas, Head Start and the Summit County Historical Society
- High Traffic Counts of 9,780 vehicles pass by the property daily
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 6 | 1,500 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $12,000 /YR $1,000 /MO | Full Service | ||
| 1st Floor, Ste 7 | 1,500 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $12,000 /YR $1,000 /MO | Full Service | ||
| 1st Floor, Ste 8 | 4,600 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $36,800 /YR $3,067 /MO | Full Service | ||
| 1st Floor, Ste 9 | 11,970 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $95,760 /YR $7,980 /MO | Full Service |
1st Floor, Ste 6
- Rate includes utilities, building services and property expenses
1st Floor, Ste 7
- Rate includes utilities, building services and property expenses
1st Floor, Ste 8
- Rate includes utilities, building services and property expenses
1st Floor, Ste 9
- Rate includes 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.
Select Tenants at Five Points Plaza
- Tenant
- Description
- US Locations
- Reach
- Akron Summit Community Action Inc
- Other Services
- 2
- Local
- Equitas Health, Inc
- Health Care
- 16
- Regional
- Five Points Ii Cdc
- Discount Store
- 1
- -
- Mature Services Inc
- Health Care
- 1
- -
- United States Postal Service
- -
- -
- -
| Tenant | Description | US Locations | Reach |
| Akron Summit Community Action Inc | Other Services | 2 | Local |
| Equitas Health, Inc | Health Care | 16 | Regional |
| Five Points Ii Cdc | Discount Store | 1 | - |
| Mature Services Inc | Health Care | 1 | - |
| United States Postal Service | - | - | - |
Property Facts
| Total Space Available | 19,570 SF | Gross Leasable Area | 134,725 SF |
| Property Type | Retail | Year Built | 1962 |
| Property Subtype | Storefront | Parking Ratio | 1.49/1,000 SF |
| Total Space Available | 19,570 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 134,725 SF |
| Year Built | 1962 |
| Parking Ratio | 1.49/1,000 SF |
About the Property
Multiple spaces available for lease at the Five Points Plaza in Akron. The other tenants in this plaza include the U.S. Postal Service, Equitas Health, Head Start and the Summit County Historical Society. We have four contiguous spaces available totaling 19,570 SF. Suites 6 & 7 are 1,500 SF each and are made up of office space. Suite 8 is a mix of office and open spaces totaling 4,600 SF. Suite 9 is a mostly open floor plan with a total of 11,970 SF. The plaza is located in West Exchange Street and S. Portage Path with 9,870 vehicles passing by the property on a daily basis. The property boasts a massive amount of parking that can work for users who have heavy parking needs. Please contact Ed Jesson or Debra Kaplan to schedule a showing of this great retail space.
- Pylon Sign
- Tenant Controlled HVAC
- Air Conditioning
Nearby Major Retailers
Presented by
Five Points Plaza | 634-670 W Exchange St
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