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Madison Square 1203 W Base St 3,014 - 12,664 SF of Retail Space Available in Madison, FL 32340
HIGHLIGHTS
- New Aldi supermarket
- Busy Center
- Next to North Florida Community College
- Join Bealls outlet
- 43,680 CPD
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,500 SF | Negotiable | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $117,955 CAD/YR $9,830 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 3,150 SF | 5 Years | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $57,163 CAD/YR $4,764 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 3,014 SF | Negotiable | $16.67 CAD/SF/YR $1.39 CAD/SF/MO $50,235 CAD/YR $4,186 CAD/MO | Triple Net (NNN) |
711 W Base St - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
825 W Base St - 1st Floor
1/2-acre former Sonic drive in land parcel no building! Next door to a very busy Popeyes.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Partially Demolished Space
711 W Base St - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
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 MADISON SQUARE
- Bealls Outlet
- Jackson Hewitt
- Winn Dixie
PROPERTY FACTS
| Total Space Available | 12,664 SF | Frontage | 700’ on W Base Street |
| Center Type | Community Center | Gross Leasable Area | 115,070 SF |
| Parking | 506 Spaces | Total Land Area | 27.26 AC |
| Stores | 17 | Year Built | 1981 |
| Center Properties | 4 | Cross Streets | U.S. 90 |
| Total Space Available | 12,664 SF |
| Center Type | Community Center |
| Parking | 506 Spaces |
| Stores | 17 |
| Center Properties | 4 |
| Frontage | 700’ on W Base Street |
| Gross Leasable Area | 115,070 SF |
| Total Land Area | 27.26 AC |
| Year Built | 1981 |
| Cross Streets | U.S. 90 |
ABOUT THE PROPERTY
100,000 Sq/ft busy Aldi anchored retail center. Join Bealls, Citi Trends and Ace Hardware. Brand new vanilla shell, just completed Located on busy Highway 90 in Madison Fl.
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Madison Square | 1203 W Base St
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