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Westgate Village 2400 W Michigan Ave 1,000 - 4,100 SF of Space Available in Pensacola, FL 32526
HIGHLIGHTS
- 33,000+ vehicles per day
- Professionally managed
- Complete remodel!
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 10 | 1,000 SF | Negotiable | $27.22 CAD/SF/YR $2.27 CAD/SF/MO $27,220 CAD/YR $2,268 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 11 | 1,300 SF | 5 Years | $27.22 CAD/SF/YR $2.27 CAD/SF/MO $35,387 CAD/YR $2,949 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 7 & 8 | 1,800 SF | 5 Years | $19.54 CAD/SF/YR $1.63 CAD/SF/MO $35,177 CAD/YR $2,931 CAD/MO | Triple Net (NNN) |
2400 W Michigan Ave - 1st Floor - Ste 10
Unit 10 will have a complete new interior with new drywall, new HVAC, new restroom and new lighting. Layout will be an open concept, but the space can be built out for offices.
- Lease rate does not include utilities, property expenses or building services
- Fits 3 - 8 People
- Space is in Excellent Condition
2400 W Michigan Ave - 1st Floor - Ste 11
Unit 11 is 1,300 and is currently built out as a professional office. Visitors enter into a spacious reception area with reception desk with a glass window for privacy. There several rooms that can be used as offices or conference rooms. In the rear of the unit there is a break area, two restrooms, and a storage closet.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Fits 4 - 11 People
- Space is in Excellent Condition
2400 W Michigan Ave - 1st Floor - Ste 7 & 8
Units 7 & 8 are offered as one unit that is 1,850 sf. It has 6 offices, a very large conference room, and a nice size break room. The space also includes two restrooms. This is an end unit, so it has extra windows! See the floor plan for this space!
- Lease rate does not include utilities, property expenses or building services
- Fits 5 - 15 People
- 6 Private Offices
- 1 Conference Room
- Space is in Excellent Condition
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 WESTGATE VILLAGE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dex Imaging
- Other Services
- 70
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dex Imaging | Other Services | 70 | National |
PROPERTY FACTS
| Total Space Available | 4,100 SF | Frontage | 317’ on Michigan Ave |
| Center Type | Neighborhood Center | Gross Leasable Area | 35,630 SF |
| Parking | 107 Spaces | Total Land Area | 2.36 AC |
| Stores | 20 | Year Built | 1985 |
| Center Properties | 1 |
| Total Space Available | 4,100 SF |
| Center Type | Neighborhood Center |
| Parking | 107 Spaces |
| Stores | 20 |
| Center Properties | 1 |
| Frontage | 317’ on Michigan Ave |
| Gross Leasable Area | 35,630 SF |
| Total Land Area | 2.36 AC |
| Year Built | 1985 |
ABOUT THE PROPERTY
So many updates to this thriving retail and office center on Michigan Avenue! Complete exterior remodel including paint, landscaping, lighting, parking lot resurfacing and a new pylon sign. Great mix of tenants including retail and professional offices for regional and local businesses. Plenty of parking for employees and customers! Over 33,000 vehicles per day travel in front of this center.
- Pylon Sign
- Signage
- Monument Signage
NEARBY MAJOR RETAILERS
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Westgate Village | 2400 W Michigan Ave
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