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7400-7404 Woodbury Rd 12,000 SF of Retail Space Available in Laingsburg, MI 48848
HIGHLIGHTS
- Easy ingress/egress from East Grand River Road and Woodbury Road.
- 2.4-acre site zoned C2, Commercial with the potential for an additional 1.25 acres at immediate corner.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 12,000 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $96,000 /YR $8,000 /MO | Triple Net (NNN) |
1st Floor, Ste 1
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
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 7400-7404 WOODBURY RD, LAINGSBURG, MI 48848
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Field Pharmacy
- -
- 1
- -
- Health Mart Pharmacy
- Drug Store
- 6,002
- National
- IGA
- Supermarket
- 991
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Field Pharmacy | - | 1 | - |
| Health Mart Pharmacy | Drug Store | 6,002 | National |
| IGA | Supermarket | 991 | International |
PROPERTY FACTS
| Total Space Available | 12,000 SF | Total Land Area | 2.70 AC |
| Property Type | Retail | Year Built | 1975 |
| Property Subtype | Supermarket | Parking Ratio | 5.32/1,000 SF |
| Gross Leasable Area | 16,902 SF |
| Total Space Available | 12,000 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 16,902 SF |
| Total Land Area | 2.70 AC |
| Year Built | 1975 |
| Parking Ratio | 5.32/1,000 SF |
ABOUT THE PROPERTY
Space is presently demised into 3 suites: 12,000 SF (currently occupied but available for immediate occupancy), 2,000 SF (open area with tile flooring and restroom) and 2,784 SF (open area with service counter, carpeting and restroom, potential for drive-thru. Long-time grocer and pharmacy location adjacent to popular strip center fully leased to Subway, New Aven Grace and Dairy Den. High visibility corner location across from Family Dollar and Dollar General. Prominent monument and building signage. Plenty of paved and lit parking (approx. 75 spaces).
- Signage
Presented by
7400-7404 Woodbury Rd
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