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CitiPlace 1826 Martin Luther King Blvd 1,200 - 2,850 SF of Retail Space Available in Houma, LA 70360
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste F | 1,200 SF | Negotiable | $34.53 CAD/SF/YR $2.88 CAD/SF/MO $41,439 CAD/YR $3,453 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste H | 1,650 SF | Negotiable | $36.93 CAD/SF/YR $3.08 CAD/SF/MO $60,928 CAD/YR $5,077 CAD/MO | Triple Net (NNN) |
1st Floor, Ste F
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste H
- 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 | 2,850 SF | Gross Leasable Area | 20,750 SF |
| Property Type | Retail | Year Built | 2001 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,850 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 20,750 SF |
| Year Built | 2001 |
About the Property
The CitiPlace Strip Center is the perfect retail-office strip located on one of Houma's busiest thoroughfares, Martin Luther King Blvd. Come join national tenants such as Quest Diagnostics, Moe's Southwest Grill, Firehouse Subs, Salad Station and more in this wonderful strip center, which is fully leased with the exception of Suite F-1. Along MLK Blvd. you will also find an abundance of big-box retailers, hotels, and restaurants including the popular sports restaurant and bar, WalkOn's, which was recently built directly across the street from the strip center. The Houma market services all of Terrebonne Parish and is located approximately 60 miles southwest of New Orleans.
Nearby Major Retailers
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CitiPlace | 1826 Martin Luther King Blvd
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