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11000 Michigan Rd 1,018 SF of Retail Space Available in Zionsville, IN 46077
SUBLEASE HIGHLIGHTS
- Class A Retail in Zionsville
- Strong Tenant Base
- Built in 2021
- Located minutes from I-465
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,018 SF | Negotiable | $48.39 CAD/SF/YR $4.03 CAD/SF/MO $49,258 CAD/YR $4,105 CAD/MO | Triple Net (NNN) |
1st Floor
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 | 1,018 SF | Gross Leasable Area | 12,969 SF |
| Property Type | Retail | Year Built | 2021 |
| Property Subtype | Storefront |
| Total Space Available | 1,018 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 12,969 SF |
| Year Built | 2021 |
ABOUT THE PROPERTY
Property Description: Presenting a premier leasing opportunity in Zionsville, IN. This Class A retail space, recently constructed in 2021, boasts a prime location with a strong tenant base & high visibility. The property's proximity to I-465 ensures convenient access for both customers & suppliers, positioning it as a compelling choice for businesses seeking optimal exposure & connectivity. With its modern design & strategic positioning, this space offers an ideal environment for retailers to thrive & capture the attention of an affluent & dynamic market. Location Description: Located along the highly traveled Michigan Road corridor, this property offers exceptional visibility & accessibility in one of Central Indiana’s most desirable & affluent markets. Positioned just minutes from I-465, the site provides seamless connectivity to affluent Zionsville, Carmel, & northwest Indianapolis, making it an ideal location for retail, office, or service-oriented businesses. This stretch of Michigan Rd. serves as a key retail & commercial hub, attracting consistent traffic & providing strong brand exposure for tenants.
- 24 Hour Access
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Security System
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Smoke Detector
NEARBY MAJOR RETAILERS
Presented by
11000 Michigan Rd
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