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RETAIL & Event Space in THE ART DISTRICT 120 W Harrison St 4,340 SF of Retail Space Available in Tallahassee, FL 32301
HIGHLIGHTS
- Event Space, High Ceilings, Lots of Opportunity, Competitive rental rate
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,340 SF | Negotiable | $12.49 CAD/SF/YR $1.04 CAD/SF/MO $54,222 CAD/YR $4,518 CAD/MO | Double Net |
1st Floor
- Lease rate does not include certain property expenses
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 4,340 SF | Gross Leasable Area | 4,340 SF |
| Property Type | Retail | Year Built | 1964 |
| Total Space Available | 4,340 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,340 SF |
| Year Built | 1964 |
ABOUT THE PROPERTY
This is the anchor tenant location of Railroad Crossings (www.RailroadCrossings.com), the most retail friendly property of all of The Art District (www.ArtDistrict.com). This large block building features high-ceilings and a second, rear-entry which opens up onto a large outdoor event space / courtyard. This plaza features a restaurant, VR arcade, bakery, salon, and a variety of other awesome, creative retail uses. The area around is booming with new development and redevelopment. The property, immediately next door is being redeveloped into WeWould a brand new, $2M retail facility with a national chain restaurant and a marijuana dispensary (see We Would elevation and site plan in the supporting documents). Next door is Proof Brewery, Lucky Goat Coffee, SOMO Walls, and a number of other awesome local businesses. This "SOMO area" is definitely "THE PLACE TO BE", just a short walk from Cascades Park, FAMU, FSU, Railroad Square, and Downtown. They've even just announced that the property two blocks north, the former Gramlings site, is in the running to become an international tourist destination, The Blues Hall of Fame. Get in now, while you still can, because rents will be booming in the future! Internal columns are not load bearing, just a hold-over from previous tenant's use, so it can be totally "open span" if desired.
NEARBY MAJOR RETAILERS
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RETAIL & Event Space in THE ART DISTRICT | 120 W Harrison St
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