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34000 Montpellier 323 - 1,109 SF of Retail Space Available
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Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
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Rental Rate
| Space | Size | Term | Rental Rate | |||
| - | 323 SF | Negotiable | $38.31 /SF/YR HT-HC $3.19 /SF/MO HT-HC $12,372 /YR HT-HC $1,031 /MO HT-HC | |||
| - | 786 SF | Negotiable | $38.31 /SF/YR HT-HC $3.19 /SF/MO HT-HC $30,105 /YR HT-HC $2,509 /MO HT-HC |
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Lease Premium: $53,096
- Security Deposit: $7,079
- Space is in Excellent Condition
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Lease Premium: $53,096
- Security Deposit: $7,079
- Space is in Excellent Condition
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 | 1,109 SF | Property Type | Retail |
| Total Space Available | 1,109 SF |
| Property Type | Retail |
About the Property
Your agency PIERRE ET PATRIMOINE offers for rent this superb space of approximately 100m², including a sales area of 73m² and a basement storage area of about 30m². Prime location on one of the most prestigious and renowned streets in Montpellier, in close proximity to luxury boutiques such as HERMES, MONT-BLANC, FRAYSSINET, MESSIKA... High-end features and layout. This space includes: 2 display windows, 1 fitting room, 1 restroom, 1 ducted reversible air conditioning in the sales area, and 1 reversible air conditioning in the storage area. Rental conditions: Entrance fee/key money: €45,000 Monthly rent for the shop: €3,000 excluding taxes and charges Annual property tax charges: €530 Monthly rent for the storage: €240 (no VAT or charges on the storage). It is not mandatory to lease the storage Transaction fees: €7,200 excluding taxes, payable by the tenant.
Presented by
Pierre Et Patrimoine
"34000 Montpellier"
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