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1228 W 15th St 5,794 SF of Office/Retail Space Available in Lorain, OH 44052
HIGHLIGHTS
- Large fenced yard included with lease terms, and building exterior and interior upgraded recently.
- Mezzanine in warehouse portion provides additional storage and operating space.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,794 SF | 1-10 Years | $11.22 CAD/SF/YR $0.94 CAD/SF/MO $65,026 CAD/YR $5,419 CAD/MO | Triple Net (NNN) |
1st Floor
Lorain Westside Warehouse ~5800 Sq. Ft. Fenced Parking 1000 sq. Ft. Office space, storage lockers as well. Drive-Thru warehouse 14 ft. garage door and 12Ft. Garage door at opposite end Garage. New door openers plus radiant warehouse heat plus forced gas heat and air-conditioned offices. The warehouse has mezzanine storage approximately 104 Ft. x 10 Ft. This warehouse is the cleanest around and ready for your business. This warehouse building plus storage is perfect for Manufacturing, Contractor (Const.), Excavating, Internet, HVAC, electrical, plumbing, painting, machine shop, contractors. This is leased with a triple net lease term. Tenant pays all utilities, insurance, taxes. Seller will look at a longer-term lease based on terms and tenant qualifications. Outside warehouse offers parking for 20 plus vehicles, trucks, equipment, storage. This location has easy access to St Rt. 6, Rt 58, Rt.611. "Landlord does not allow Automotive, motorcycled sales and service, or towing companies."
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Fits 15 - 47 People
- Multiple offices
- Large graveled yard for storage
- $3,950/month NNN
- Fenced
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 | 5,794 SF | Gross Leasable Area | 5,794 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Freestanding | Parking Ratio | 0.86/1,000 SF |
| Total Space Available | 5,794 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 5,794 SF |
| Year Built | 1980 |
| Parking Ratio | 0.86/1,000 SF |
FEATURES AND AMENITIES
- 24 Hour Access
- Signage
NEARBY MAJOR RETAILERS
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1228 W 15th St
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