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34540 Balaruc-le-Vieux 1,141 - 3,584 SF of Retail Space Available
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HIGHLIGHTS
- Excellent transportation access
- close to Montpellier airport
- close to the train station
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
-
RENTAL RATE
| Space | Size | Term | Rental Rate | |||
| Ground | 1,141 SF | 3/6/9 | $65.49 /SF/YR HT-HC $5.46 /SF/MO HT-HC $74,728 /YR HT-HC $6,227 /MO HT-HC | |||
| Ground | 2,443 SF | 3/6/9 | $65.49 /SF/YR HT-HC $5.46 /SF/MO HT-HC $160,030 /YR HT-HC $13,336 /MO HT-HC |
Ground
Commercial premises with a total area of 333 m², located in one of the main shopping centers in Sète, offering significant visibility and pedestrian flow. The premises are divisible into two lots: A 106 m² lot A lot of 227 m² These spaces are in good condition and benefit from excellent visibility thanks to their strategic location on one of the exits of the shopping mall. The center is very busy and has a wide range of services and national brands that mostly outperform, making it a privileged place to attract customers from a population of more than 100,000 inhabitants.
- Agency Fee: 25.00% of annual rent
-
Rental Charges: $17.15 /SF/YR $1.43 /SF/MO $19,563 /YR $1,630 /MO
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 3,584 SF of adjacent space
- strategic location
- significant customer flow
- in a busy center
Ground
Commercial premises with a total area of 333 m², located in one of the main shopping centers in Sète, offering significant visibility and pedestrian flow. The premises are divisible into two lots: A 106 m² lot A lot of 227 m² These spaces are in good condition and benefit from excellent visibility thanks to their strategic location on one of the exits of the shopping mall. The center is very busy and has a wide range of services and national brands that mostly outperform, making it a privileged place to attract customers from a population of more than 100,000 inhabitants.
- Agency Fee: 25.00% of annual rent
-
Rental Charges: $17.15 /SF/YR $1.43 /SF/MO $41,895 /YR $3,491 /MO
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 3,584 SF of adjacent space
- strategic location
- significant customer flow
- in a busy center
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 | 3,584 SF | Gross Leasable Area | > 50,000 SF |
| Property Type | Retail | Parking | Yes |
| Total Space Available | 3,584 SF |
| Property Type | Retail |
| Gross Leasable Area | > 50,000 SF |
| Parking | Yes |
ABOUT THE PROPERTY
The Balaruc shopping center offers 40 shops and restaurants, along with a major national retailer. It is easily accessible by car, thanks to ample parking, by bus, as the center serves as a multimodal transit hub with 10 bus lines, and by bike via dedicated cycling paths.
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"34540 Balaruc-le-Vieux"
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