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HIGHLIGHTS
- 2 Built Out Spaces Available - Fully Built out Office Space and 2nd Gen Kitchen
- TOD Zoning
- Prime Downtown Location
- 10ft Drop Ceilings
- Ample Rear & Street Parking
- 54,000 people living within 5 mile radius
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 15 N Parke St | 1,325 SF | 10’ | Negotiable | $21.62 CAD/SF/YR $1.80 CAD/SF/MO $28,650 CAD/YR $2,388 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste 37 W Bel Air Ave | 3,200 SF | 10’ | Negotiable | $25.82 CAD/SF/YR $2.15 CAD/SF/MO $82,638 CAD/YR $6,887 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 15 N Parke St
Bel Parke Plaza is an attractive, downtown multi-tenant retail and office center Made with Brick & Stucco Construction Sits adjacent to Parke Place, South Parke, & Grace United Methodist Church Signage available on rear & side of building 10ft drop ceilings Free rear & street parking Reception area + 1 private office + open work area + 1 private bathroom No Sprinklers
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Finished Ceilings: 10’
- Fully built out office space
- Ample Rear & Street Parking
- Prime Downtown Location
- 54,000 people living within 5 mile radius
- TOD Zoning
1st Floor, Ste 37 W Bel Air Ave
Bel Parke Plaza is an attractive, downtown multi-tenant retail and office center. Made with Brick & Stucco Construction. Sits adjacent to Parke Place, South Parke, & Grace United Methodist Church. Signage available on front of building. Free rear & street parking. No Sprinklers. 54,000 people living within 5 miles. 3,200sf 2nd Generation Restaurant space (previously Frank’s Pizza). Lease rate–$4,934/month NNN. 14,000+ cars per day passing the site. Commercial Kitchen with all FF&E included (see pics). 10ft drop ceilings. TOD Zoning. Ample Rear & Street Parking. Prime Downtown Location
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Finished Ceilings: 10’
- Commercial Kitchen with all FF&E included
- 10ft drop ceilings
- TOD Zoning
- Ample Rear & Street Parking
- Prime Downtown Location
- 54,000 people living within 5 mile radius
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 BEL PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Allstate Insurance Company
- Insurance
- 16,932
- International
- Frank's Pizza
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Allstate Insurance Company | Insurance | 16,932 | International |
| Frank's Pizza | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 4,525 SF | Gross Leasable Area | 12,541 SF |
| Property Type | Retail | Year Built | 1940 |
| Property Subtype | Storefront | Parking Ratio | 1.2/1,000 SF |
| Total Space Available | 4,525 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 12,541 SF |
| Year Built | 1940 |
| Parking Ratio | 1.2/1,000 SF |
ABOUT THE PROPERTY
Bel Parke Plaza is an attractive, downtown multi-tenant retail and office center. Made with Brick & Stucco Construction. Sits adjacent to Parke Place, South Parke, & Grace United Methodist Church. Signage available on front of building. Free rear & street parking. No Sprinklers. 54,000 people living within 5 miles. 3,200sf 2nd Generation Restaurant space (previously Frank’s Pizza). Lease rate–$4,934/month NNN. 1325sf fully built out office space (Allstate). Lease rate - $1,710/month NNN. 14,000+ cars per day passing the site. Commercial Kitchen with all FF&E included (see pics). 10ft drop ceilings. TOD Zoning. Ample Rear & Street Parking. Prime Downtown Location.
NEARBY MAJOR RETAILERS
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Bel Plaza | 37 W Bel Air Ave
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