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316-318 Washington St 1,000 - 4,500 SF of Office Space Available in Bloomington, IL 61701
HIGHLIGHTS
- Water included in the lease rate.
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD | ||
| 3rd Floor | 3,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Fully Built-Out as Standard Office
- Fits 3 - 8 People
- 2 Private Offices
3rd Floor
- Fully Built-Out as Standard Office
- Fits 9 - 28 People
- 2 Private Offices
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 316-318 WASHINGTON ST, BLOOMINGTON, IL 61701
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Central Il Arena Management Inc
- Art Gallery
- 1
- -
- Edward Jones
- Finance Company
- 17,927
- International
- Jeff W Lindsay, PC
- Public Administration
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Central Il Arena Management Inc | Art Gallery | 1 | - |
| Edward Jones | Finance Company | 17,927 | International |
| Jeff W Lindsay, PC | Public Administration | 1 | - |
PROPERTY FACTS
| Total Space Available | 4,500 SF | Gross Leasable Area | 18,580 SF |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Storefront Retail/Office | Cross Streets | Roosevelt Ave |
| Total Space Available | 4,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 18,580 SF |
| Year Built | 1980 |
| Cross Streets | Roosevelt Ave |
ABOUT THE PROPERTY
318 W. Washington Bloomington IL Downtown Bloomington Office Space 1st floor NW office Approx 1,000 square ft 2 office and receptionist area. 3rd Floor multiply office space. Aprrox 3,500 square ft Elevator Water paid for.
NEARBY MAJOR RETAILERS
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316-318 Washington St
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