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Fairview Park Plaza 1355-1505 W King St 2,000 - 44,300 SF of Space Available in Decatur, IL 62522
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1473 | 2,000-4,000 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $67,004 CAD/YR $5,584 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 1473
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Space is in Excellent Condition
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1473 | 2,000-4,000 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $67,004 CAD/YR $5,584 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1505 B | 37,000 SF | Negotiable | $8.38 CAD/SF/YR $0.70 CAD/SF/MO $309,894 CAD/YR $25,825 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 1663 | 3,300 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor, Ste 1473
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Space is in Excellent Condition
1st Floor, Ste 1505 B
Previously used for document storage. This is a temperature controlled and sprinklered 37,000 Square Foot Space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
1st Floor, Ste 1663
This 3,300 sf space is adjacent to CitiTrends and is ready for immediate occupancy. Previous use was medical office.
- Fully Built-Out as Standard Medical Space
- Space is in Excellent Condition
- Located in-line with other retail
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 FAIRVIEW PARK PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Citi Trends
- Unisex Apparel
- 697
- National
- Dollar General
- Dollar/Variety/Thrift
- 22,295
- International
- Dollar Tree
- Dollar/Variety/Thrift
- 10,426
- International
- Fashion Divine Beauty Supply
- Salon/Barber/Spa
- 1
- Local
- Mi Pueblito
- Restaurant
- 1
- Local
- Rent-A-Center
- Rental Shop
- 3,245
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Citi Trends | Unisex Apparel | 697 | National |
| Dollar General | Dollar/Variety/Thrift | 22,295 | International |
| Dollar Tree | Dollar/Variety/Thrift | 10,426 | International |
| Fashion Divine Beauty Supply | Salon/Barber/Spa | 1 | Local |
| Mi Pueblito | Restaurant | 1 | Local |
| Rent-A-Center | Rental Shop | 3,245 | International |
PROPERTY FACTS
| Total Space Available | 44,300 SF | Total Land Area | 16.87 AC |
| Min. Divisible | 2,000 SF | Year Built | 1980 |
| Property Type | Retail | Parking Ratio | 4.33/1,000 SF |
| Gross Leasable Area | 187,842 SF |
| Total Space Available | 44,300 SF |
| Min. Divisible | 2,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 187,842 SF |
| Total Land Area | 16.87 AC |
| Year Built | 1980 |
| Parking Ratio | 4.33/1,000 SF |
Presented by
Fairview Park Plaza | 1355-1505 W King St
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