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2109 IN-28 2101 W State Road 28 2,400 SF of Office/Medical Space Available in Frankfort, IN 46041
HIGHLIGHTS
- High daytime population
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,400 SF | 5 Years | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $50,253 CAD/YR $4,188 CAD/MO | Triple Net (NNN) |
1st Floor
The 2,400 square feet space is currently built out as o?ce with 2 kitchenettes. Full service janitorial services are available.The building co-tenants include the Clinton County Bureau of Motor Vehicles and Division of Family Resources. The location is also desirable for retail or restaurant use; tenant improvements are available. Expansion opportunities are available to ?t your business: by adding square footage to the building or drive-thru end cap.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Government Facility
- Mostly Open Floor Plan Layout
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 2,400 SF | Gross Leasable Area | 8,400 SF |
| Property Type | Retail | Year Built | 2007 |
| Property Subtype | Freestanding | Parking Ratio | 3.8/1,000 SF |
| Total Space Available | 2,400 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 8,400 SF |
| Year Built | 2007 |
| Parking Ratio | 3.8/1,000 SF |
ABOUT THE PROPERTY
2109 IN State Road 28 is a highly visible and accessible location situated at the southwest hard corner of intersection of County Road 200, where a stop light will be installed. IN-28 is a major east-west thoroughfare, and this location provides excellent visibility and easy access to both local and regional destinations. The area has a high daytime population supporting restaurant, retail, or professional services. The property is located just 2 miles west of downtown Frankfort, which serves as the county seat of Clinton County. I-65 is is located 6 miles east, offering easy access to nearby cities such as Lafayette (30 minutes) and Indianapolis (less than an hour).
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2109 IN-28 | 2101 W State Road 28
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