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331 N Central Ave 6,375 - 13,598 SF of Space Available in Duluth, MN 55807
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 6,375 SF | 1-5 Years | $17.45 CAD/SF/YR $1.45 CAD/SF/MO $111,237 CAD/YR $9,270 CAD/MO | Triple Net (NNN) |
2nd Floor
1/2 space is open 3 private offices
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Private Restrooms
- Wi-Fi Connectivity
- Smoke Detector
- On street parking
- 40 off street parking spaces in lot
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,223 SF | 1-5 Years | $24.43 CAD/SF/YR $2.04 CAD/SF/MO $176,448 CAD/YR $14,704 CAD/MO | Triple Net (NNN) | ||
| 2nd Floor | 6,375 SF | 1-5 Years | $17.45 CAD/SF/YR $1.45 CAD/SF/MO $111,237 CAD/YR $9,270 CAD/MO | Triple Net (NNN) |
1st Floor
Class A office space, move in ready, off street parking in a high traffic area conveniently located just 2 blocks from I-35 on/off ramps. Great opportunity to join the Spirit Valley/West Duluth community. The 6800 Sq Ft second floor has a large open space along with several smaller spaces. Excellent for dance studio, yoga studio, or build out to suit.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- 2 Conference Rooms
- Space is in Excellent Condition
- Central Air and Heating
- Reception Area
- Private Restrooms
- Smoke Detector
- Beautiful building
- Former bank
- Turn-key ready
- Breakroom within the space
2nd Floor
1/2 space is open 3 private offices
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
- Private Restrooms
- Wi-Fi Connectivity
- Smoke Detector
- On street parking
- 40 off street parking spaces in 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 | 13,598 SF | Gross Leasable Area | 15,350 SF |
| Property Type | Retail | Year Built | 1901 |
| Property Subtype | Bank | Parking Ratio | 1.3/1,000 SF |
| Total Space Available | 13,598 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 15,350 SF |
| Year Built | 1901 |
| Parking Ratio | 1.3/1,000 SF |
FEATURES AND AMENITIES
- Bus Line
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
Presented by
Reasor Properties Inc
331 N Central Ave
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