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The Boardwalk Shops, Unit I-1 17656 Highway 550 1,972 SF of Retail Space Available in Montrose, CO 81403
HIGHLIGHTS
- High Visabiliy
- High-Traffic Count of 14,000+ Daily Vehicles!
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,972 SF | 1-2 Years | $10.19 CAD/SF/YR $0.85 CAD/SF/MO $20,095 CAD/YR $1,675 CAD/MO | Modified Gross |
1st Floor
Highly Visible Location with High-Traffic Count of 14,000+ Daily Vehicles! Unit I-1 has 1972 sq.ft. (MOL) featuring an open floorplan for retail, upstairs office or storage area, one ADA bathroom, ADA ramp, front vestibule with 7 floor to ceiling display windows, and yard space. Lease also includes a 35’9” X 13’2” storage unit (can only be used as storage, cannot be used as sales area). General Business “B” zoning in Montrose County allows for office space, retail stores, art and antique shops making this a great location for your unique store to add to the mix. Ample parking and property is fully fenced with locked gate for security. Hwy 550 is a main thoroughfare to destinations such as Telluride and Ouray if you are headed South or Grand Junction and I-70 to the North. Lease is adjusted gross; tenant pays liability insurance and is responsible for CAM fees, propane, interior maintenance and snow removal in front of unit. Landlord pays property tax and building insurance.
- Listed rate may not include certain utilities, building services and property expenses
- Private Restrooms
- Wi-Fi Connectivity
- Security System
- Corner Space
- Hardwood Floors
- Yard
- High Visibility
- High Traffic
- Ample Parking
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 | 1,972 SF | Gross Leasable Area | 1,972 SF |
| Property Type | Retail | Year Built | 1964 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 1,972 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 1,972 SF |
| Year Built | 1964 |
ABOUT THE PROPERTY
The Boardwalk Shops are a collection of retail outlets ideally situated just South of the bustling Townsend corridor on Hwy 550 towards Ridgway.
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The Boardwalk Shops, Unit I-1 | 17656 Highway 550
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