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Drakeshire Plaza 35103-35243 Grand River Ave 1,200 - 14,400 SF of Space Available in Farmington Hills, MI 48335
HIGHLIGHTS
- 20,300 cars per day on Grand River Ave. at Drake Rd.
- 2022 estimated 5-mile population is 195,026
- Remodeled in 2013
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,200 SF | 3-5 Years | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $105,532 CAD/YR $8,794 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 4,600 SF | 3-5 Years | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $115,582 CAD/YR $9,632 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 35107 | 1,200 SF | 3-5 Years | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $30,152 CAD/YR $2,513 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 35227 | 2,800 SF | 3-5 Years | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $70,354 CAD/YR $5,863 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 35233 | 1,600 SF | 3-5 Years | $25.13 CAD/SF/YR $2.09 CAD/SF/MO $40,202 CAD/YR $3,350 CAD/MO | Triple Net (NNN) |
35135-35171 Grand River Ave - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Ample Parking
35135-35171 Grand River Ave - 1st Floor
4,600 Sf of office space available for lease starting March/2024.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Central Air and Heating
- Ample parking
35103-35125 Grand River Ave - 1st Floor - Ste 35107
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Ample Parking
35203-35243 Grand River Ave - 1st Floor - Ste 35227
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Ample Parking
35203-35243 Grand River Ave - 1st Floor - Ste 35233
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Ample Parking
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 DRAKESHIRE PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Hungry Howie's Pizza
- Pizza
- 632
- National
- Subway
- Sub Sandwich
- 28,950
- International
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Hungry Howie's Pizza | Pizza | 632 | National |
| Subway | Sub Sandwich | 28,950 | International |
PROPERTY FACTS
| Total Space Available | 14,400 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 39,811 SF |
| Parking | 228 Spaces | Total Land Area | 10.83 AC |
| Stores | 14 | Year Built | 1998 |
| Center Properties | 3 |
| Total Space Available | 14,400 SF |
| Center Type | Neighborhood Center |
| Parking | 228 Spaces |
| Stores | 14 |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 39,811 SF |
| Total Land Area | 10.83 AC |
| Year Built | 1998 |
FEATURES AND AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
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Drakeshire Plaza | 35103-35243 Grand River Ave
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