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308 Lignite Avenue, Center ND 308 Lignite Ave 9,026 SF of Retail Space Available in Hensler, ND 58530
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,026 SF | Negotiable | $7.43 CAD/SF/YR $0.62 CAD/SF/MO $67,030 CAD/YR $5,586 CAD/MO | Plus All Utilities |
1st Floor
This versatile commercial property offers a total of 9,026 SF with excellent visibility along Highway 25. The building features a modern glass front entry, prominent pylon signage, and a spacious parking lot for customer and employee convenience. Inside, the layout includes a combination of office space, warehouse area, and restrooms, making it adaptable for a variety of business uses. Located just a 10-minute drive from the Milton R. Young Coal Station, this property provides both convenience and accessibility for regional operations.
- Sublease space available from current tenant
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Glass Front
- Pylon Sign
- Restrooms
- Office
- Warehouse Space
- Parking Lot
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 | 9,026 SF | Gross Leasable Area | 9,026 SF |
| Property Type | Retail | Year Built | 2020 |
| Property Subtype | Freestanding | Parking Ratio | 3.32/1,000 SF |
| Total Space Available | 9,026 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,026 SF |
| Year Built | 2020 |
| Parking Ratio | 3.32/1,000 SF |
ABOUT THE PROPERTY
This versatile commercial property offers a total of 9,026 SF with excellent visibility along Highway 25. The building features a modern glass front entry, prominent pylon signage, and a spacious parking lot for customer and employee convenience. Inside, the layout includes a combination of office space, warehouse area, and restrooms, making it adaptable for a variety of business uses. Located just a 10-minute drive from the Milton R. Young Coal Station, this property provides both convenience and accessibility for regional operations.
Presented by
Aspen Group LLP
308 Lignite Avenue, Center ND | 308 Lignite Ave
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