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Forest Shopping Center 15912-15956 E Highway 40 1,300 - 5,050 SF of Retail Space Available in Silver Springs, FL 34488
HIGHLIGHTS
- Renovations including, Lighting, Paving & New Building Façade.
- Anchored by a high-performing Winn-Dixie & New Dollar Tree & Auto Zone!
- 18,300 Combined DTC on SE Hwy 314A & Hwy. 40
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,300-3,200 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $89,339 CAD/YR $7,445 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 1,850 SF | Negotiable | $23.73 CAD/SF/YR $1.98 CAD/SF/MO $43,902 CAD/YR $3,658 CAD/MO | Triple Net (NNN) |
15912-15956 E Highway 40 - 1st Floor
1,850 SF End-Cap - $20 SF / NNN *Can expand to 3,200 SF
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- End-Cap
15912-15956 E Highway 40 - 1st Floor
Space is located next to New Auto Zone (coming soon)
- Lease rate does not include utilities, property expenses or building services
- 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 FOREST SHOPPING CENTER
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- China King
- Restaurant
- 1
- Local
- Dollar Tree
- Retailer
- -
- -
- Forest Family Eye Care Clinic
- Optical
- 1
- Local
- Marion County Tax Collector
- Finance Company
- 3
- Local
- Winn-Dixie
- Other Retail
- 1,026
- National
- Winn-Dixie Liquor
- Other Retail
- 1,026
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| China King | Restaurant | 1 | Local |
| Dollar Tree | Retailer | - | - |
| Forest Family Eye Care Clinic | Optical | 1 | Local |
| Marion County Tax Collector | Finance Company | 3 | Local |
| Winn-Dixie | Other Retail | 1,026 | National |
| Winn-Dixie Liquor | Other Retail | 1,026 | National |
PROPERTY FACTS
| Total Space Available | 5,050 SF | Center Properties | 1 |
| Min. Divisible | 1,300 SF | Gross Leasable Area | 77,450 SF |
| Center Type | Neighborhood Center | Total Land Area | 10.33 AC |
| Parking | 250 Spaces | Year Built | 1986 |
| Stores | 10 |
| Total Space Available | 5,050 SF |
| Min. Divisible | 1,300 SF |
| Center Type | Neighborhood Center |
| Parking | 250 Spaces |
| Stores | 10 |
| Center Properties | 1 |
| Gross Leasable Area | 77,450 SF |
| Total Land Area | 10.33 AC |
| Year Built | 1986 |
ABOUT THE PROPERTY
Join Winn-Dixie, New Dollar Tree & Auto Zone New Renovations including, Lighting, Paving & New Building Façade. Strategically-located at the signalized intersection of FL-40 and SE 160th Ave, the Property benefits from consistent commuter traffic (18,300 Combined DTC on SE Hwy 314A & Hwy. 40). FL-40 serves as the only east-west thoroughfare in Central Florida, which connects I-75 and Ocala to the west, with I-95 and Florida’s Atlantic Coast; forcing the flow of regional traffic to pass directly in front of Forest Center.
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Forest Shopping Center | 15912-15956 E Highway 40
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