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1120 Main St 1,540 SF of Retail Space Available in Philomath, OR 97370
Highlights
- Updated Main Street Frontage
- Ample On-Site Parking and Outdoor Display Area
- Two buildings For Use, the main Retail Building and the "Barn"
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,540 SF | 3 Years | $19.68 CAD/SF/YR $1.64 CAD/SF/MO $30,303 CAD/YR $2,525 CAD/MO | Triple Net (NNN) |
1st Floor
Unique property & opportunity for a new Tenant. The Philomath Emporium is a turn-key crafters & antiques shop ready for a new owner of the business only, with established vendors already in place. Tenant also has the option of bringing their own vision to the property. The retail building fronts on the newly renovated Main St., with additional space for vendors or artists in the rear building. On-site parking as well as street parking with additional outdoor display area. Updated HVAC in place. New Tenant can start their own business or purchase existing business.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Central Air Conditioning
- Private Restrooms
- Wi-Fi Connectivity
- Security System
- Yard
- Display Window
- Smoke Detector
- Turn-key Antique/Vendor Mall or Tenant's Own Use
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 | 1,540 SF | Gross Leasable Area | 1,540 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Freestanding | Parking Ratio | 5.19/1,000 SF |
| Total Space Available | 1,540 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,540 SF |
| Year Built | 2000 |
| Parking Ratio | 5.19/1,000 SF |
About the Property
Unique property & opportunity for a new Tenant. The Philomath Emporium is a turn-key crafters & antiques shop read for a new owner of the business only, with established vendors already in place. The retail building fronts on the newly renovated Main St., with additional space for vendors or artists in the rear building. On-site parking as well as street parking with additional outdoor display area. Updated HVAC in place. New Tenant can start their own business, or purchase existing business.
- Signage
Nearby Major Retailers
Presented by
1120 Main St
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