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Union Village Square 198 Ohio 741 10,000 - 150,000 SF of 4-Star Retail Space Available in Lebanon, OH 45036
SPACE AVAILABILITY (1)
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- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,000-150,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
•Union Village Square – in the heart of the village. Multi story historically designed structures for specialty retail, service, office and upper level residential/office. •Shopping Center – planned 30-acre retail at the NE corner of Route 741 and 63. Seeking grocery anchor, apparel and other shopping center retailers •Outparcels – at the SE corner of Route 741 and 63, planned Convenience Store, other fast food, automotive, banks, car wash and other single tenant users •Otterbein Senior Life Campus – with 700 independent living residents and 350 employees •Warren County Sports Park – directly north, 123 acres, over 20 sports fields, averaging of 13,500 visitors per week between February-November • Armco Park - golf course, sports fields, lakes • Miami Valley Gaming and Monroe Outlets 3.5 miles west at I-75 • New Housing Starts – Warren County had over 750 new homes built in 2021 2,412 SF endcap restaurant with large covered outdoor patio. • Full liquor licenses can be aquired. • Partially finished. Landlord may provide funding for tenant finish. • RENT - $25 PSF gross plus utilities ($5,025/month)
- High End Trophy Space
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 | 150,000 SF | Gross Leasable Area | 150,000 SF |
| Min. Divisible | 10,000 SF | Year Built | 2027 |
| Property Type | Retail | Construction Status | Proposed |
| Property Subtype | Supermarket |
| Total Space Available | 150,000 SF |
| Min. Divisible | 10,000 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 150,000 SF |
| Year Built | 2027 |
| Construction Status | Proposed |
ABOUT THE PROPERTY
Corner traffic light mixed use development site at Union Village in Lebanon. Seeking large anchor stores - especially grocery to kick off this project.
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Union Village Square | 198 Ohio 741
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