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Olympic Plaza 7251 Theodore Dawes Rd 1,500 - 8,500 SF of Retail Space Available in Theodore, AL 36582
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste D | 1,500 SF | Negotiable | $9.37 /SF/YR $0.78 /SF/MO $14,055 /YR $1,171 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste E-K | 7,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
7251 Theodore Dawes Rd - 1st Floor - Ste D
Unit D is 1,500sf (25' x 60') with an open floor plan with restroom, drop ceiling, several electrical outlets and HVAC system. The glass storefront provides for an abundance of natural light.
- Lease rate does not include utilities, property expenses or building services
- 1,500sf - 25' x 60'
- Large open sales floor
7251 Theodore Dawes Rd - 1st Floor - Ste E-K
7,000sf end cap of Olympic Plaza has been partially built out for an entertainment venue featuring two performance stages, sound room, multiple restrooms, multiple bars, conference rooms and a commercial kitchen (also partially built out). The ownership is willing to subdivide the unit. This is a good opportunity for a food/beverage service enterprise, music venue or a daycare center.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Drinking Establishment
- Highly Desirable End Cap Space
- Space In Need of Renovation
- Partially-built commercial kitchen
- Zoned B-3 - Community Business
- Vibrant and growing submarket (Theodore)
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.
Site Plan
Select Tenants at Olympic Plaza
- Tenant
- Description
- US Locations
- Reach
- State Farm
- Insurance
- 24,453
- National
| Tenant | Description | US Locations | Reach |
| State Farm | Insurance | 24,453 | National |
Property Facts
| Total Space Available | 8,500 SF | Frontage | 100’ on Theodore Dawes Rd |
| Center Type | Strip Center | Gross Leasable Area | 11,000 SF |
| Parking | 40 Spaces | Total Land Area | 0.92 AC |
| Stores | 5 | Year Built | 2004 |
| Center Properties | 1 |
| Total Space Available | 8,500 SF |
| Center Type | Strip Center |
| Parking | 40 Spaces |
| Stores | 5 |
| Center Properties | 1 |
| Frontage | 100’ on Theodore Dawes Rd |
| Gross Leasable Area | 11,000 SF |
| Total Land Area | 0.92 AC |
| Year Built | 2004 |
About the Property
Olympic Plaza is a 11,000 sf retail strip center located on the west side of Theodore Dawes Road in Theodore, Alabama (Mobile County). Olympic Plaza is located 1/2-mile north of Interstate 10 and just south of the intersection of Theodore-Dawes/Old Pascagoula Roads. Olympic Plaza has vacancies ranging from 1,500sf - 7,000sf. The larger vacancy features a partially constructed commercial kitchen and other features that could be useful to a food/beverage service enterprise.
- 24 Hour Access
- Air Conditioning
- Signage
Nearby Major Retailers
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Research In Progress - Research In Progress
Presented by
Research In Progress
Olympic Plaza | 7251 Theodore Dawes Rd
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