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855-875 Lexington Ave 1,237 - 5,004 SF of Retail Space Available in Mansfield, OH 44907
Highlights
- Located on a main throughfare in a busy retail center.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 855 | 2,531 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $35,434 /YR $2,953 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 865 | 1,237-2,473 SF | 5-10 Years | $12.00 /SF/YR $1.00 /SF/MO $29,676 /YR $2,473 /MO | Triple Net (NNN) |
855-875 Lexington Ave - 1st Floor - Ste 855
2,531 sq ft former restaurant space available current tenant is month to month. ($14 NNN) 855 Lexington Ave.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
855-875 Lexington Ave - 1st Floor - Ste 865
2,473 SF space can be divisible to 1,200 SF available to rent in a 18,600+ SF retail center. Space available for $13.00 NNN. Retail center is under new ownership. 70 parking spaces with 3 ADA compliant spaces. Pylon signage available. 5 year NNN lease term minimum.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Signage available on the building.
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 | 5,004 SF | Frontage | |
| Min. Divisible | 1,237 SF | Gross Leasable Area | 18,600 SF |
| Center Type | Strip Center | Total Land Area | 0.72 AC |
| Parking | 85 Spaces | Year Built | 1986 |
| Center Properties | 1 |
| Total Space Available | 5,004 SF |
| Min. Divisible | 1,237 SF |
| Center Type | Strip Center |
| Parking | 85 Spaces |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 18,600 SF |
| Total Land Area | 0.72 AC |
| Year Built | 1986 |
About the Property
Retail center is under new ownership. Existing end cap former restaurant with a hood, coolers & freezers. Dollar Tree is open in the former Rite Aid space, and Martial Arts trainer occupy the center. Lease out currently on the former Rite Aid office. One space remaining!!
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Presented by
855-875 Lexington Ave
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