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Venture West 1416 W Tennessee St 3,000 SF of Retail Space Available in Tallahassee, FL 32304
HIGHLIGHTS
- Existing restaurant with a hood, grease trap, good parking, directly across from FSU campus.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,000 SF | Negotiable | $34.90 CAD/SF/YR $2.91 CAD/SF/MO $104,694 CAD/YR $8,725 CAD/MO | Modified Gross |
1416 W Tennessee St - 1st Floor
- 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 | 3,000 SF | Frontage | 20’ on W Tennessee & Basin St. |
| Center Type | Strip Center | Gross Leasable Area | 26,126 SF |
| Parking | 188 Spaces | Total Land Area | 3.43 AC |
| Center Properties | 6 | Year Built | 1959 |
| Total Space Available | 3,000 SF |
| Center Type | Strip Center |
| Parking | 188 Spaces |
| Center Properties | 6 |
| Frontage | 20’ on W Tennessee & Basin St. |
| Gross Leasable Area | 26,126 SF |
| Total Land Area | 3.43 AC |
| Year Built | 1959 |
ABOUT THE PROPERTY
3,000 SF restaurant space with patio available for Lease. Surrounding users are Moe's Southwest Grill, Firehouse Subs and Cold Stone Creamery. The building is also shared with a liquor store, vape shop, and Axe throwing venue. **Space is currently occupied. Please do not disturb tenant. All showings must be scheduled through the Broker. Contact Lewis Buford at (850) 591-6363 with questions.** Located across from FSU with frontage on Tennessee Street & Basin Street.
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Venture West | 1416 W Tennessee St
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