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267 N Main St 11,404 SF of Retail Space Available in Wellington, OH 44090
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,404 SF | Negotiable | $15.36 CAD/SF/YR $1.28 CAD/SF/MO $175,110 CAD/YR $14,592 CAD/MO | Triple Net (NNN) |
1st Floor
267 North Main Street offers a rare opportunity to acquire or lease a prominent retail building in the heart of Wellington, OH. The former Rite Aid consists of 11,404 SF on 1.69 acres, strategically positioned with three-street frontage along Main, Elm, and Kelly. Situated in downtown Wellington, the property benefits from strong visibility and accessibility on Main Street, a primary corridor through the community. The site’s corner positioning and multiple access points make it highly attractive for retailers seeking prominence and convenience.v
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- 1 Loading Dock
- Highly visible corner with 699 SF of frontage
- Loading dock and refrigerated cabinets in place
- Flexible space well-suited for many retail uses
- Equipment included in sale/lease
- 52 on-site parking spaces and 2 curb cuts
- Drive Thru
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 | 11,404 SF | Gross Leasable Area | 11,404 SF |
| Property Type | Retail | Year Built | 1999 |
| Property Subtype | Freestanding | Parking Ratio | 4.56/1,000 SF |
| Total Space Available | 11,404 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 11,404 SF |
| Year Built | 1999 |
| Parking Ratio | 4.56/1,000 SF |
ABOUT THE PROPERTY
Former Rite Aid building with a drive-thru on the corner of Main and Kelly St. There are 52 on site parking spaces.
- Corner Lot
- Drive Thru
NEARBY MAJOR RETAILERS
Presented by
267 N Main St
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