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R&M Plaza 1529-1575 Union Lake Rd 1,281 - 6,099 SF of Retail Space Available in Commerce Township, MI 48382
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,281 SF | Negotiable | $16.70 CAD/SF/YR $1.39 CAD/SF/MO $21,390 CAD/YR $1,783 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 1,528 SF | Negotiable | $16.70 CAD/SF/YR $1.39 CAD/SF/MO $25,515 CAD/YR $2,126 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 1,670 SF | Negotiable | $16.70 CAD/SF/YR $1.39 CAD/SF/MO $27,886 CAD/YR $2,324 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 1,620 SF | Negotiable | $16.70 CAD/SF/YR $1.39 CAD/SF/MO $27,051 CAD/YR $2,254 CAD/MO | Triple Net (NNN) |
1529-1575 Union Lake Rd - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,429 SF of adjacent space
1529-1575 Union Lake Rd - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Can be combined with additional space(s) for up to 4,429 SF of adjacent space
1529-1575 Union Lake Rd - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
1529-1575 Union Lake Rd - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Can be combined with additional space(s) for up to 4,429 SF of adjacent space
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.
SITE PLAN
SELECT TENANTS AT R&M PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Body Language Fitness & Yoga Center
- Services
- 1
- -
- Her Couture Resale
- Retailer
- 1
- -
- Jet's Pizza
- Accommodation and Food Services
- -
- -
- POSH by Tori Boutique Inc
- Retailer
- 1
- -
- Subway
- Sub Sandwich
- 28,922
- International
- William Rose Dba The Garage
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Body Language Fitness & Yoga Center | Services | 1 | - |
| Her Couture Resale | Retailer | 1 | - |
| Jet's Pizza | Accommodation and Food Services | - | - |
| POSH by Tori Boutique Inc | Retailer | 1 | - |
| Subway | Sub Sandwich | 28,922 | International |
| William Rose Dba The Garage | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 6,099 SF | Frontage | 290’ on Union Lake Rd |
| Max. Contiguous | 4,429 SF | Gross Leasable Area | 22,870 SF |
| Center Type | Strip Center | Total Land Area | 2.88 AC |
| Parking | 150 Spaces | Year Built | 1974 |
| Center Properties | 1 |
| Total Space Available | 6,099 SF |
| Max. Contiguous | 4,429 SF |
| Center Type | Strip Center |
| Parking | 150 Spaces |
| Center Properties | 1 |
| Frontage | 290’ on Union Lake Rd |
| Gross Leasable Area | 22,870 SF |
| Total Land Area | 2.88 AC |
| Year Built | 1974 |
ABOUT THE PROPERTY
Mixed use property, in high traffic pass thru of Union Lake and Cooley Lake roads, with combined traffic counts of 45,000 vehicles per day. Newly white boxed retail spaces; also suitable for office use. Former Subway and Bakery spaces available. Building allows for great visibility on Union Lake Rd, with access to Cooley Lake Rd. Shopping center offers an abundance of parking, and sits at stop light for convenient ingress egress.
NEARBY MAJOR RETAILERS
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R&M Plaza | 1529-1575 Union Lake Rd
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