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Historic Downtown Wabasha Space 106 2nd St E 1,504 SF of Retail Space Available in Wabasha, MN 55981
HIGHLIGHTS
- Historic Charm
- Prime Downtown Location
- High Foot Traffic
- Versatile 1,500 SF Space
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,504 SF | Negotiable | $22.90 CAD/SF/YR $1.91 CAD/SF/MO $34,445 CAD/YR $2,870 CAD/MO | Plus All Utilities |
1st Floor
Come enjoy the charming Downtown Wabasha community. This once-bike shop is available for lease and could become the next great retail destination for a small business. Located in the heart of downtown, the store will be visited by the many guests to the Eagle Center and by the local community members who frequent this downtown area. The building is approximately 1,500 sq ft on the main floor with multiple rooms ranging in size and shape.
- Listed lease rate plus proportional share of utilities
- Prime Downtown Location
- Versatile 1,500 SF Space
- High Foot Traffic
- Historic Charm
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 | 1,504 SF | Gross Leasable Area | 1,504 SF |
| Property Type | Retail | Year Built | 1930 |
| Property Subtype | Storefront |
| Total Space Available | 1,504 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 1,504 SF |
| Year Built | 1930 |
FEATURES AND AMENITIES
- 24 Hour Access
- Corner Lot
- Signage
- Storage Space
Presented by
Historic Downtown Wabasha Space | 106 2nd St E
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