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HIGHLIGHTS
- Excellent Redevelopment or Lease-Up Opportunity | Commercial Zoning | Existing Drive-Thru Structure
- Well Trafficked Retail Road | Signalized Corner Parcel |Nearby Access to State Highway 82 | Affluent Demographic
- Across from Howland Plaza | Nearby National Retail Tenants | Adjacent from High School & Weekend Farmers Market
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,880 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
• The offering features a 2,880 SF, single story, former bank property • The property is adjacent to a strong performing Arby’s (81% percentile per Placer.ai) with over 168,000 annual visitors • Convenient .71 acre parcel allows the potential for new QSR development • The site presents an excellent owner-user or lease-up opportunity in a highly desirable location • The property is zoned CRD-2 - Corridor Review District 2, providing for a wide range of commercial retail uses • Existing drive-thru structure allows for potential cost savings to redevelop
- Fully Built-Out as a Bank
- Space is an outparcel at this property
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 FORMER PNC BANK
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- PNC Bank
- Bank
- 3,661
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| PNC Bank | Bank | 3,661 | International |
PROPERTY FACTS
| Total Space Available | 2,880 SF | Gross Leasable Area | 2,880 SF |
| Property Type | Retail | Year Built/Renovated | 1923/2022 |
| Property Subtype | Bank | Parking Ratio | 7.29/1,000 SF |
| Total Space Available | 2,880 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 2,880 SF |
| Year Built/Renovated | 1923/2022 |
| Parking Ratio | 7.29/1,000 SF |
ABOUT THE PROPERTY
• The subject property is strategically located along E. Market Street with over 27,000 vehicles passing by daily • Benefits from nearby on/off ramp access onto State Highway 82 with nearly 42,000 VPD, the primary belt road circling the city of Warren • More than 73,500 residents and 41,800 employees support the trade area • Affluent average household income exceeding $104,000 in a 1-mile radius
- Corner Lot
- Freeway Visibility
- Signage
- Drive Thru
- Monument Signage
NEARBY MAJOR RETAILERS
Presented by
Former PNC Bank | 8215 E Market St
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