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1899 Perimeter Rd 2,962 SF of Retail Space Available in Roseville, MN 55113
Sublease Highlights
- Located immediately northeast of Rosedale Center
- Average household income approaching $99,000 within three miles
- Convenient access to Highway 36 and I-35W
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,962 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Former Wendy’s restaurant offering approximately 2,962 square feet of freestanding retail space with an existing drive-thru. The building’s compact footprint, dedicated parking, recognizable restaurant configuration and prominent signage make it well suited for a quick-service restaurant, coffee, beverage or other high-volume retail user. The former restaurant improvements may provide an incoming operator with a valuable head start compared with developing a conventional retail shell.
- Sublease space available from current tenant
- Fully Built-Out as a Fast Food Restaurant
- Space is in Excellent Condition
- Central Air and Heating
- Drive Thru
- Former Wendy’s restaurant
- Existing restaurant infrastructure
- Ideal for QSR, or convenience-oriented users
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 | 2,962 SF | Gross Leasable Area | 2,962 SF |
| Property Type | Retail | Year Built | 1978 |
| Property Subtype | Fast Food | Parking Ratio | 10/1,000 SF |
| Total Space Available | 2,962 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 2,962 SF |
| Year Built | 1978 |
| Parking Ratio | 10/1,000 SF |
About the Property
Strategically positioned near Rosedale Center, 1899 Perimeter Road offers a freestanding retail opportunity within one of Roseville’s most established shopping and dining destinations. The property benefits from excellent regional access via Highway 36 and I-35W, strong visibility, prominent pylon signage and proximity to more than 150 shops, restaurants and attractions at Rosedale Center. Nearby national retailers and restaurants include Target, Macy’s, JCPenney, Von Maur, Apple, DICK’S Sporting Goods, Raising Cane’s, Shake Shack and P.F. Chang’s.
- Bus Line
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
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1899 Perimeter Rd
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