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Esplanade at North Shore 1702 Highway 181 Hwy 1,000 - 4,500 SF of Retail Space Available in Portland, TX 78374
HIGHLIGHTS
- Strong Location
- Exciting architecture
- Strong commercial area
- Prime spaces available
- Excellent visibility
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground, Ste A5A | 1,500 SF | 3-5 Years | $37.69 CAD/SF/YR $3.14 CAD/SF/MO $56,535 CAD/YR $4,711 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 1,000 SF | Negotiable | $37.69 CAD/SF/YR $3.14 CAD/SF/MO $37,690 CAD/YR $3,141 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 2,000 SF | Negotiable | $37.69 CAD/SF/YR $3.14 CAD/SF/MO $75,380 CAD/YR $6,282 CAD/MO | Triple Net (NNN) |
1702 Highway 181 - Ground - Ste A5A
First generation space
- Lease rate does not include utilities, property expenses or building services
1702 Highway 181 - 1st Floor
- Lease rate does not include utilities, property expenses or building services
1702 Highway 181 - 1st Floor
- Lease rate does not include utilities, property expenses or building services
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 | 4,500 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 50,800 SF |
| Parking | 700 Spaces | Total Land Area | 6.83 AC |
| Center Properties | 2 | Year Built | 2011 |
| Total Space Available | 4,500 SF |
| Center Type | Neighborhood Center |
| Parking | 700 Spaces |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 50,800 SF |
| Total Land Area | 6.83 AC |
| Year Built | 2011 |
ABOUT THE PROPERTY
Esplanade at Northshore is a quality development offering retail opportunity for the Portland area. Tenant Finish out negotiable. Attractive architecture with excellent visibility to Highway 181 (major commercial thoroughfare in Portland). Located within the strong commercial growth area of Portland, Esplanade at Northshore will be easily accessible and adjacent to other strong retail and office use. Located at the entrance to the prestigious Northshore Residential and Golf Course development, this center will enjoy a prime location. Area merchants include: Wal-Mart, Chili's Bar & Grill, Marble Slab Creamery, KFC, Prosperity Bank, IBC Bank and many others.
NEARBY MAJOR RETAILERS
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Esplanade at North Shore | 1702 Highway 181 Hwy
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