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23 Basin St SW 4,263 SF of Retail Space Available in Ephrata, WA 98823
HIGHLIGHTS
- Downtown
- Newly Renovated
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,263 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $71,410 CAD/YR $5,951 CAD/MO | Triple Net (NNN) |
1st Floor
Introducing a prime opportunity for your business at 25, 27 and 29 Basin Street SW, Ephrata, WA, 98823. These premier commercial spaces can be used for retail or office to suit a variety of business needs. With ample parking behind the building and high-speed internet connectivity on the main thoroughfare, this property is perfect for an insurance or real estate agency, or boutique retail establishment. The well maintained building provides inviting spaces, complete with customizable interiors and proximity to major transportation routes. Whether you're establishing or expanding your enterprise, this property is an exceptional choice for those seeking a professional, dynamic, and convenient location for their business.
- Lease rate does not include utilities, property expenses or building services
- Prime Spaces Available Downtown Ephrata
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 | 4,263 SF | Gross Leasable Area | 4,263 SF |
| Property Type | Retail | Year Built | 1937 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 1.34/1,000 SF |
| Total Space Available | 4,263 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 4,263 SF |
| Year Built | 1937 |
| Parking Ratio | 1.34/1,000 SF |
ABOUT THE PROPERTY
Introducing a prime opportunity for your business at 25, 27 and 29 Basin Street SW, Ephrata, WA, 98823. These premier commercial spaces can be used for retail or office to suit a variety of business needs. With ample parking behind the building and high-speed internet connectivity on the main thoroughfare, this property is perfect for an insurance or real estate agency, or boutique retail establishment. The well maintained building provides inviting spaces, complete with customizable interiors and proximity to major transportation routes. Whether you're establishing or expanding your enterprise, this property is an exceptional choice for those seeking a professional, dynamic, and convenient location for their business.
NEARBY MAJOR RETAILERS
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23 Basin St SW
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