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D & W Plaza 1163 N US Highway 31 7,200 SF of Retail Space Available in Petoskey, MI 49770
HIGHLIGHTS
- Great exposure to US-31 with lighted access.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1133 N US Highway 31 - 1st Floor
Prime retail, office, or restaurant space. Owner will consider dividing for smaller users.
- Highly Desirable End Cap Space
- Central Air Conditioning
- Drop Ceilings
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 D & W PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- AT&T Wireless
- Wireless Communications
- 10,742
- International
- D&W Fresh Market
- Supermarket
- 11
- Local
- Dollar General
- Dollar/Variety/Thrift
- 22,295
- International
- Hallmark
- Card/Gifts
- 2,379
- International
- High Gear Sports Petoskey, MI
- Sporting Goods
- 1
- -
- Verizon
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| AT&T Wireless | Wireless Communications | 10,742 | International |
| D&W Fresh Market | Supermarket | 11 | Local |
| Dollar General | Dollar/Variety/Thrift | 22,295 | International |
| Hallmark | Card/Gifts | 2,379 | International |
| High Gear Sports Petoskey, MI | Sporting Goods | 1 | - |
| Verizon | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 7,200 SF | Frontage | 807’ on US-31 |
| Center Type | Community Center | Gross Leasable Area | 130,699 SF |
| Stores | 23 | Total Land Area | 39.12 AC |
| Center Properties | 4 | Year Built | 1985 |
| Total Space Available | 7,200 SF |
| Center Type | Community Center |
| Stores | 23 |
| Center Properties | 4 |
| Frontage | 807’ on US-31 |
| Gross Leasable Area | 130,699 SF |
| Total Land Area | 39.12 AC |
| Year Built | 1985 |
ABOUT THE PROPERTY
The shopping center is strategically located near the intersection of US-31 and Highway 119 in Petoskey, MI. Lighted access off of US-31 provides customers with easy ingress/egress to the 23 local, regional, and national Tenants. The broad B-2 zoning offers a wide variety of uses including retail, office, or restaurant. The center is anchored by D & W Fresh Market, one of SpartanNash's premier brands, which draws regional traffic to the area.
- Freeway Visibility
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
Presented by
United Properties
D & W Plaza | 1163 N US Highway 31
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