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Quorum Shops 1004 NW 24th Ave NW 1,702 SF of Retail Space Available in Norman, OK 73069
HIGHLIGHTS
- LOCATION - Very hot location in Norman
- Nice, clean and safe
- High traffic counts fronting the property
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 103 | 1,702 SF | 10’ - 12’ | Negotiable | $29.31 CAD/SF/YR $2.44 CAD/SF/MO $49,893 CAD/YR $4,158 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 103
This 1,702 sf space in a high trafficked location is vacant and ready to move in. This would be an excellent location for most retail businesses due to the location. There is a ton of traffic on 24th where the property is located and the space is right next to a sonic, taco bell and Homeland with University North Park about a block away.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air and Heating
- Finished Ceilings: 10’ - 12’
- Highly visible space
- Prime location
- Several amenities nearby
- Major retailers in proximity
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.
SELECT TENANTS AT QUORUM SHOPS
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- 13 Vapor Co LLC
- Tobacco
- 1
- -
- Marco's Pizza
- Pizza
- 1,509
- International
- Oklahoma Blood Institute
- Health Care and Social Assistance
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| 13 Vapor Co LLC | Tobacco | 1 | - |
| Marco's Pizza | Pizza | 1,509 | International |
| Oklahoma Blood Institute | Health Care and Social Assistance | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,702 SF | Total Land Area | 0.75 AC |
| Property Type | Retail | Year Built | 2001 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.36/1,000 SF |
| Gross Leasable Area | 9,125 SF |
| Total Space Available | 1,702 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 9,125 SF |
| Total Land Area | 0.75 AC |
| Year Built | 2001 |
| Parking Ratio | 3.36/1,000 SF |
ABOUT THE PROPERTY
This property is located in one of the hottest locations in Norman near the Robinson / 24th Avenue NW intersection and just South of University North Park that has several shopping and dining options including Target, Crest, Academy, THE RANCH steakhouse, Hideaway Pizza, Red Rock, etc. There are really too many amenities to name that are in very close proximity to this property.
NEARBY MAJOR RETAILERS
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Quorum Shops | 1004 NW 24th Ave NW
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