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True Value Plaza 2617 1st Ave E 1,400 - 4,340 SF of Space Available in Newton, IA 50208
Highlights
- Visible site
- Active tenants in place
- Build to suit for qualified tenant
- Busy street
- Flexible space
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste I & II | 2,940 SF | 10’ | 1-10 Years | $9.59 CAD/SF/YR $0.80 CAD/SF/MO $28,187 CAD/YR $2,349 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste IV | 1,400 SF | 10’ | 1-10 Years | $13.70 CAD/SF/YR $1.14 CAD/SF/MO $19,175 CAD/YR $1,598 CAD/MO | Triple Net (NNN) |
2617 1st Ave E - 1st Floor - Ste I & II
End space that could be split. Visible space near True Value.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Private Restrooms
- After Hours HVAC Available
- Finished Ceilings: 10’
- DDA Compliant
- Great parking
- Active traffic area
- Easy access
2617 1st Ave E - 1st Floor - Ste IV
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Fits 1 - 6 People
- 1 Private Office
- 1 Conference Room
- 1 Workstation
- Finished Ceilings: 10’
- Space is in Excellent Condition
- Central Air and Heating
- Private Restrooms
- Drop Ceilings
- DDA Compliant
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 | 4,340 SF | Center Properties | 1 |
| Center Type | Neighborhood Center | Gross Leasable Area | 49,440 SF |
| Parking | 267 Spaces | Total Land Area | 4.38 AC |
| Stores | 16 | Year Built | 1979 |
| Total Space Available | 4,340 SF |
| Center Type | Neighborhood Center |
| Parking | 267 Spaces |
| Stores | 16 |
| Center Properties | 1 |
| Gross Leasable Area | 49,440 SF |
| Total Land Area | 4.38 AC |
| Year Built | 1979 |
About the Property
Neighborhood Center in growing area of Newton. Busy traffic in True Value Plaza and Mexican Restaurant area. Great parking. Easy access.
Nearby Major Retailers
Presented by
True Value Plaza | 2617 1st Ave E
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