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HIGHLIGHTS
- Just steps from the Hillsboro courthouse square!
- Lots of natural lighting!
- High Traffic road frontage!
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,632 SF | 1 Year | $17.25 CAD/SF/YR $1.44 CAD/SF/MO $28,158 CAD/YR $2,346 CAD/MO | TBD |
1st Floor
Affordable commercial space in the heart of Hillsboro's downtown Historic square just West of the Courthouse. Full of character and located close to Branded Burger with storefront visibility on the heavily traveled thoroughfare to Lake Whitney! 104 W Elm operated as a store front boutique with 1 dividing wall, mini split
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Right off the Historic Hillsboro courthouse square
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 | 1,632 SF | Gross Leasable Area | 3,264 SF |
| Property Type | Retail | Year Built | 1945 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.68/1,000 SF |
| Total Space Available | 1,632 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 3,264 SF |
| Year Built | 1945 |
| Parking Ratio | 3.68/1,000 SF |
ABOUT THE PROPERTY
RENOVATION IN THE WORKS and seller will consider modifications! Pictures will be updated once completed. Affordable commercial space in the heart of Hillsboro's downtown Historic square just West of the Courthouse. Full of character and located close to Branded Burger with storefront visibility on the heavily traveled thoroughfare to Lake Whitney! 104 W Elm operated as a store front boutique. Renovation plans include (but subject to change) plaster walls with touches of exposed brick and exposed beam ceiling painted black. Exterior will be painted and electrical upgrade is planned. 1 stall bathroom. Seller may consider selling.
- Tenant Controlled HVAC
- Storage Space
- Recessed Lighting
NEARBY MAJOR RETAILERS
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104 W Elm St
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