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17051 Libby Rd 4,080 SF of Retail Space Available in Maple Heights, OH 44137
HIGHLIGHTS
- Incredible live/work opportunity with two retail storefronts.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,080 SF | Negotiable | $10.26 CAD/SF/YR $0.86 CAD/SF/MO $41,861 CAD/YR $3,488 CAD/MO | Triple Net (NNN) |
1st Floor
4,080 square foot space available for lease with roughly 2,000 square feet of storefront retail space and a 2,080 square foot attached residential home. The home has a 2-car garage. The 2-storefront retail space was previously used as a barbershop, salon, and at one point a daycare. Endless opportunities at this prime live/work location.
- Lease rate does not include utilities, property expenses or building services
- Asking $2,500 per month NNN.
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 | 4,080 SF | Gross Leasable Area | 4,080 SF |
| Property Type | Retail | Year Built | 1927 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.49/1,000 SF |
| Total Space Available | 4,080 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,080 SF |
| Year Built | 1927 |
| Parking Ratio | 0.49/1,000 SF |
ABOUT THE PROPERTY
17051 Libby Road is a 4,080 square foot storefront retail property located in Maple Heights. The property consists of two retail storefronts and an attached 2,080 square foot house. This property previous uses Barber Shop/Beauty Salon, Day care. Store front has full basement, for stock room. Vinyl Sided three bedroom colonial attached, with living room, dining room, kitchen, attic and full basement. Two car garage with a 175 deep lot. Just think about the ideal of having your own business with your personal residence. All applicants must provide photo ID, Proof of income, credit reference, application fee $50.00 non-refundable. Office Information Ruffin Real Estate Co. (216) 663-0330 F:(216) 365-2804 http://www.ruffinrealestate.com
NEARBY MAJOR RETAILERS
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17051 Libby Rd
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