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711 Common Pl 1,400 - 10,000 SF of Retail Space Available in Adel, IA 50003
HIGHLIGHTS
- Built to suite is possible
- Shared private drive and ample parking
- Delivery aligned with school and residential openings
- Divisible retail space with flexible configurations
- Positioned for high visibility and walkability
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,400-10,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
The proposed retail development at 711 Common Place features a planned 10,000-square-foot footprint, divisible to 1,400 square feet, with drive-thru capabilities and ample parking. Designed to serve the growing Adel community and the future student population of ADM High School, the site offers unmatched visibility and accessibility. Two buildings are proposed: one at 10,000 SF and another at approximately 4,780 SF, each with dedicated parking and drive-thru access. The shared private drive and proximity to the school’s main entrance make this an ideal location for food, beverage, and service-oriented tenants. With a projected delivery in Summer 2027, tenants will benefit from being operational as the school opens and surrounding residential projects come online. This is a compelling opportunity for retailers seeking a strategic location in a growing market with strong traffic counts and institutional momentum.
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 | 10,000 SF | Gross Leasable Area | 10,000 SF |
| Min. Divisible | 1,400 SF | Construction Status | Proposed |
| Property Type | Retail |
| Total Space Available | 10,000 SF |
| Min. Divisible | 1,400 SF |
| Property Type | Retail |
| Gross Leasable Area | 10,000 SF |
| Construction Status | Proposed |
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711 Common Pl
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