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99 Greensboro St 1,200 SF of Retail Space Available in Eutaw, AL 35462
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,200 SF | 3-5 Years | $336.00 /SF/YR $28.00 /SF/MO $403,200 /YR $33,600 /MO | Triple Net (NNN) |
1st Floor
Updated Marathon gas station. Space is fully equipped with refrigerators and shelving. Tenant must provide their commercial insurance. Please reach out to owner for additional details. As-Is Lease Terms. This property is offered strictly “AS-IS, WHERE-IS, WITH ALL FAULTS.” The tenant will be fully responsible for all repairs, maintenance, upgrades, and compliance with all environmental, safety, and regulatory requirements. The landlord makes no warranties and assumes no responsibility for the condition of the tanks, pumps, building, or equipment. Insurance Requirement: Tenant must provide a valid Certificate of Insurance prior to occupancy, and must maintain active coverage throughout the lease term. Coverage must include: General Liability Insurance (minimum $1,000,000 per occurrence / $2,000,000 aggregate), Environmental/Pollution Liability Insurance covering underground storage tanks and fuel operations, Property/Contents Insurance for tenant’s business operations, and Landlord and property owner must be named as Additional Insureds on all policies. Proof of insurance must be renewed and submitted annually.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Convenience Store
- Space is an outparcel at this property
- Central Air and Heating
- Kitchen
- Private Restrooms
- Freezer Space
- Fully equipped with refrigerators and shelving.
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 | 1,200 SF | Gross Leasable Area | 1,200 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Service Station | Parking Ratio | 8.33/1,000 SF |
| Total Space Available | 1,200 SF |
| Property Type | Retail |
| Property Subtype | Service Station |
| Gross Leasable Area | 1,200 SF |
| Year Built | 2000 |
| Parking Ratio | 8.33/1,000 SF |
ABOUT THE PROPERTY
Marathon gas station with c-store for rent on busy Greensboro St in Eutaw, AL. High-traffic location with great visibility and multiple fuel pumps.
Presented by
Greensboro Marathon Gas Station
99 Greensboro St
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