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137 S Main St 7,035 - 14,070 SF of Retail Space Available in Adrian, MI 49221
HIGHLIGHTS
- Downtown location
- Brewing equipment
- Restaurant equipment
- Full Basement for storate
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,035-14,070 SF | Negotiable | $4.19 CAD/SF/YR $0.35 CAD/SF/MO $58,922 CAD/YR $4,910 CAD/MO | Modified Gross |
1st Floor
Restaurateurs and brewers, unleash your potential! This exceptional lease opportunity offers a spacious and adaptable venue to bring your dream concept to life. The prime location boasts a total of 14,070 sq ft, perfectly suited for a flourishing restaurant and brewery. The space caters to your needs with a flexible layout. The main floor's 7,035 sq ft provides ample room for restaurant operations, while the additional 7,035 sq ft mezzanine creates a fantastic event space for parties, gatherings, or even extra seating. Lease options allow you to take advantage of the entire space or customize your needs by leasing just the main floor or mezzanine. Minimizing upfront costs, the space comes nearly turn-key. The owner is also open to discussing further improvements based on your vision.
- Listed rate may not include certain utilities, building services and 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.
PROPERTY FACTS
| Total Space Available | 14,070 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 7,035 SF | Gross Leasable Area | 14,070 SF |
| Property Type | Retail | Year Built | 1920 |
| Total Space Available | 14,070 SF |
| Min. Divisible | 7,035 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 14,070 SF |
| Year Built | 1920 |
ABOUT THE PROPERTY
Restaurateurs and brewers, unleash your potential! This exceptional lease opportunity offers a spacious and adaptable venue to bring your dream concept to life. The prime location boasts a total of 14,070 sq ft, perfectly suited for a flourishing restaurant and brewery. The space caters to your needs with a flexible layout. The main floor's 7,035 sq ft provides ample room for restaurant operations, while the additional 7,035 sq ft mezzanine creates a fantastic event space for parties, gatherings, or even extra seating. Lease options allow you to take advantage of the entire space or customize your needs by leasing just the main floor or mezzanine. Minimizing upfront costs, the space comes nearly turn-key. The owner is also open to discussing further improvements based on your vision.
- Signage
NEARBY MAJOR RETAILERS
Presented by
Cornerstone Real Estate, Inc.
137 S Main St
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