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Gateway Plaza 217 Indian Mound Rd 3,425 - 25,391 SF of Retail Space Available in Mount Sterling, KY 40353
HIGHLIGHTS
- Heavily trafficked area.
- Neighbors popular Walmart Supercenter.
- Excellent visibility.
- Synergistic retail tenant mix.
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 221 | 5,830 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 241A | 7,731 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 247 | 4,972 SF | 1-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 1st Floor, Ste 259C | 3,425-6,858 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
217-259 Indian Mound Dr - 1st Floor - Ste 221
Inline, retail, former mattress store. Call owner for rental rate.
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
217-259 Indian Mound Dr - 1st Floor - Ste 241A
End Cap; retail. Call owner for rental rate.
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- End Cap; retail.
217-259 Indian Mound Dr - 1st Floor - Ste 247
Inline, retail, will be a former Rue21. Call owner for rental rate.
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
217-259 Indian Mound Dr - 1st Floor - Ste 259C
Inline retail. Call owner for rental rate.
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air and Heating
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.
SELECT TENANTS AT GATEWAY PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- JCPenney
- Dept Store
- 983
- National
- Little Caesars
- Pizza
- 4,803
- International
- Ollie's Bargain Outlet
- Dollar/Variety/Thrift
- 803
- National
- Shoe Sensation
- Retailer
- -
- -
- Sleep Outfitters
- Furniture/Mattress
- 117
- Regional
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| JCPenney | Dept Store | 983 | National |
| Little Caesars | Pizza | 4,803 | International |
| Ollie's Bargain Outlet | Dollar/Variety/Thrift | 803 | National |
| Shoe Sensation | Retailer | - | - |
| Sleep Outfitters | Furniture/Mattress | 117 | Regional |
PROPERTY FACTS
| Total Space Available | 25,391 SF | Center Properties | 3 |
| Min. Divisible | 3,425 SF | Frontage | 1,000’ on Indian Mound Drive |
| Center Type | Lifestyle Center | Gross Leasable Area | 164,187 SF |
| Parking | 1036 Spaces | Total Land Area | 28.30 AC |
| Stores | 19 | Year Built | 1989 |
| Total Space Available | 25,391 SF |
| Min. Divisible | 3,425 SF |
| Center Type | Lifestyle Center |
| Parking | 1036 Spaces |
| Stores | 19 |
| Center Properties | 3 |
| Frontage | 1,000’ on Indian Mound Drive |
| Gross Leasable Area | 164,187 SF |
| Total Land Area | 28.30 AC |
| Year Built | 1989 |
ABOUT THE PROPERTY
Highly visible retail shopping center neighboring Walmart in Mount Sterling. Located in Mount Sterling's central shopping area. Solid national tenant mix, including JC Penney, Ollie's, Hibbett, Sleep Outfitters, and Rue 21.
NEARBY MAJOR RETAILERS
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Gateway Plaza | 217 Indian Mound Rd
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