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Downtown Fremont Mixed-Use 119 E Toledo St 850 SF of Office/Medical Space Available in Fremont, IN 46737
HIGHLIGHTS
- Heavy Street Traffic
- Retail/office/mixed-use property for sale or lease
- 850 SF available for lease
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 119A | 850 SF | Negotiable | $17.57 CAD/SF/YR $1.46 CAD/SF/MO $14,936 CAD/YR $1,245 CAD/MO | Modified Gross |
1st Floor, Ste 119A
The property at 119 East Toledo Street is a 4,476 SF mixed-use building with 850 SF of office space currently available for lease. The second floor includes two residential apartment units, and the ground floor offers two commercial spaces, one of which is fully leased.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Office
- Office intensive layout
- Fits 3 - 7 People
- Central Air and Heating
- Accent Lighting
- Open-Plan
- Retail/office/mixed-use property for sale or lease
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 | 850 SF | Gross Leasable Area | 4,560 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 850 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,560 SF |
| Year Built | 1900 |
ABOUT THE PROPERTY
The property at 119 East Toledo Street is a 4,476 SF mixed-use building with 850 SF of office space currently available for lease. The second floor includes two residential apartment units, and the ground floor offers two commercial spaces, one of which is fully leased. The building is located on Fremont’s main commercial corridor, just north of Angola and near the Michigan and Ohio state lines. It offers a strong income stream from established tenants with additional upside potential from the available commercial space. This property is located on the eastern end of Fremont’s charming downtown area. Downtown Fremont houses a good variety of local restaurants, unique boutiques, and speciality retailers. Fremont is conveniently located along State Road 120, just a few minutes east of the major interchange of I-90 (Indiana Toll Road) and I-69, providing easy access to regional and interstate travel routes. The town is also located just south of the Michigan state line and a short drive west of the Ohio border.
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Downtown Fremont Mixed-Use | 119 E Toledo St
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