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2005-2051 Lathrop Ave 1,004 - 20,343 SF of Retail Space Available in Racine, WI 53405
HIGHLIGHTS
- +/- 8,000 cars/day on Lathrop Ave and +/- 13,600 cars/day on 21st St per WI DOT
- Full basement
- Loading Dock and Drive-in
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 2005 | 9,769 SF | 1-20 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $163,641 CAD/YR $13,637 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2011 | 3,996 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $66,937 CAD/YR $5,578 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2035 | 1,850 SF | 1-20 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $30,989 CAD/YR $2,582 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2049 | 3,724 SF | 1-20 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $62,381 CAD/YR $5,198 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3724 | 1,004 SF | 1-20 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $16,818 CAD/YR $1,402 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 2005
Amazing retail space available for lease in a high-traffic retail strip off of Lathrop Ave!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air and Heating
- Prime location!
1st Floor, Ste 2011
Corner retail space for lease surrounded by strong tenantry and high visibility!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
1st Floor, Ste 2035
Amazing retail space available for lease in a high-traffic retail strip off of Lathrop Ave!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Prime Location !
1st Floor, Ste 2049
Amazing retail space available for lease in a high-traffic retail strip off of Lathrop Ave!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Prime Location!
1st Floor, Ste 3724
Amazing retail space available for lease in a high-traffic retail strip off of Lathrop Ave!
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air and Heating
- Prime Location!
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 | 20,343 SF | Total Land Area | 5.30 AC |
| Property Type | Retail | Year Built | 1958 |
| Property Subtype | Storefront | Parking Ratio | 2.48/1,000 SF |
| Gross Leasable Area | 26,571 SF |
| Total Space Available | 20,343 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 26,571 SF |
| Total Land Area | 5.30 AC |
| Year Built | 1958 |
| Parking Ratio | 2.48/1,000 SF |
FEATURES AND AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Presented by
2005-2051 Lathrop Ave
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