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Hughes Century Crossing Retail Center 1400 Chatham Ave. 1,625 - 10,265 SF of Office/Retail Space Available in Norwalk, IA 50211
HIGHLIGHTS
- Multi-tenant building suitable for retail, restaurants, medical and office tenants
- Located adjacent to multiple single-family and multi-family housing developments, & retail, commercial, and hospitality
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,625-10,265 SF | Negotiable | $41.18 CAD/SF/YR $3.43 CAD/SF/MO $422,709 CAD/YR $35,226 CAD/MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fits 5 - 83 People
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 | 10,265 SF | Property Subtype | Storefront |
| Min. Divisible | 1,625 SF | Gross Leasable Area | 13,290 SF |
| Property Type | Retail | Year Built | 2024 |
| Total Space Available | 10,265 SF |
| Min. Divisible | 1,625 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 13,290 SF |
| Year Built | 2024 |
ABOUT THE PROPERTY
Hughes Century Crossing at Norwalk Central is a thriving mixed-use development featuring an expansive 20+ acre sports campus with turf fields and indoor recreation center that draws local, regional, and national events, and is complimented by restaurants, retail, and hotels. Additionally, this ongoing project encompasses Gregg young Sports Campus, City State Bank Norwalk Fieldhouse for public recreation, a future amphitheater, and a 10-foot bike trail connecting Highway 28 to East 18thStreet. Being located along Highway 28, Hughes Century Crossing provides excellent access to major travel corridors and Metro communities.
- 24 Hour Access
- Air Conditioning
NEARBY MAJOR RETAILERS
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Hughes Century Crossing Retail Center | 1400 Chatham Ave.
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