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Pinecrest Plaza 308-364 Pine Crest Rd 1,200 - 29,025 SF of Retail Space Available in Morehead, KY 40351
HIGHLIGHTS
- +/-1,200 - 5,200 SF small shop spaces available
- Directly located off I-64 at Exit 137
- St. Claire Regional Medical Center is 2.8 miles away and is the second largest employer in the region over 1,300 staff members and 159 beds
- +/-20,125 SF anchor space available
- Morehead State University is 3.5 miles away with enrollment of +/-8,700 students and 419 employees
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 304 | 1,200 SF | Negotiable | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $30,152 CAD/YR $2,513 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 336 | 2,500 SF | Negotiable | $22.33 CAD/SF/YR $1.86 CAD/SF/MO $55,837 CAD/YR $4,653 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 356 | 20,125 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 360 | 5,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1st Floor, Ste 304
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
1st Floor, Ste 336
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor, Ste 356
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
1st Floor, Ste 360
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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.
SITE PLAN
SELECT TENANTS AT PINECREST PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- City Nails
- Nail Salon
- 1
- Local
- Federated Transportation Services
- MD/DDS
- 2
- Local
- Furniture World Superstore
- Furniture/Mattress
- 2
- Local
- HomeBuys
- Home Accessories
- 12
- National
- Hott Heads Salon
- Salon/Barber/Spa
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| City Nails | Nail Salon | 1 | Local |
| Federated Transportation Services | MD/DDS | 2 | Local |
| Furniture World Superstore | Furniture/Mattress | 2 | Local |
| HomeBuys | Home Accessories | 12 | National |
| Hott Heads Salon | Salon/Barber/Spa | 1 | Local |
PROPERTY FACTS
| Total Space Available | 29,025 SF | Total Land Area | 16.59 AC |
| Property Type | Retail | Year Built | 1989 |
| Property Subtype | Storefront | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 70,158 SF |
| Total Space Available | 29,025 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 70,158 SF |
| Total Land Area | 16.59 AC |
| Year Built | 1989 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
NAI Isaac is pleased to present leasing opportunities at Pinecrest Plaza in Morehead, Kentucky. The site is located at the corner of I-64 and KY 32 across from Kroger, Walmart, Lowes and several hotels Exit 137.
NEARBY MAJOR RETAILERS
Presented by
Pinecrest Plaza | 308-364 Pine Crest Rd
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