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Alma & Ray Central Center 961 W Ray Rd 985 SF of Retail Space Available in Chandler, AZ 85225
HIGHLIGHTS
- Space available for immediate occupancy
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10 | 985 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
961 W Ray Rd - 1st Floor - Ste 10
- Lease rate does not include utilities, property expenses or building services
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 ALMA & RAY CENTRAL CENTER
- AZ Food Crafters
- TUMI Restaurant
- Water 'n Ice
PROPERTY FACTS
| Total Space Available | 985 SF | Frontage | |
| Center Type | Strip Center | Gross Leasable Area | 14,694 SF |
| Stores | 15 | Total Land Area | 0.92 AC |
| Center Properties | 1 | Year Built | 1983 |
| Total Space Available | 985 SF |
| Center Type | Strip Center |
| Stores | 15 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 14,694 SF |
| Total Land Area | 0.92 AC |
| Year Built | 1983 |
ABOUT THE PROPERTY
ALMA & RAY CENTRAL CENTER is a 14,694 square foot retail strip center located on the Southeast corner of Alma School Road and Ray Road in Chandler, Arizona. The property has excellent visibility and signage. Tenants includes a Water n Ice convenience store and a variety of businesses that provide the local community with jobs, retail goods and services. The intersection of Alma School and Ray Road, which includes notable retailers such as Goodwill, Boston Market, Trails and Pruitt' s Furniture, was widened in 2012 increasing the shopping centers accessibility and overall exposure to local traffic. The intersection receives an average of approximately 46,000 cars on a daily basis. Other neighboring retailers within the trade area include Wal-Mart, Fry' s Food & Drug Store, Bealls Fashion, Starbucks, Jamba Juice, Ace Hardware, Dunkin Donuts and Wells Fargo to name a few.
- Air Conditioning
- Bus Line
- Corner Lot
- Restaurant
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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Alma & Ray Central Center | 961 W Ray Rd
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