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Eustis Plaza 401-501 Plaza Dr 41,000 SF of Retail Space Available in Eustis, FL 32726
HIGHLIGHTS
- Faces major thoroughfare through town, US Hwy 441
- Entire center was repainted in 2022
- Good mix of national, regional and local tenants
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 405 | 41,000 SF | Negotiable | $15.36 CAD/SF/YR $1.28 CAD/SF/MO $629,560 CAD/YR $52,463 CAD/MO | Triple Net (NNN) |
401-467 Plaza Dr - 1st Floor - Ste 405
This former home to Big Lots is 41,000 SF located in a straight line-of-sight from the entrance. Rent is negotiable and owner is looking for 1 or 2 tenants to fill the space.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
- LOW operating expenses totaling just $3.84/SF!
- Plaza exterior was repainted in 2023
- Straight line-of-sight from entrance
- Ample parking available for customers
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 EUSTIS PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Dollar General
- Retailer
- -
- -
- Subway
- Retailer
- -
- -
- The Hometown Market
- Supermarket
- 1
- Local
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Dollar General | Retailer | - | - |
| Subway | Retailer | - | - |
| The Hometown Market | Supermarket | 1 | Local |
PROPERTY FACTS
| Total Space Available | 41,000 SF | Gross Leasable Area | 109,823 SF |
| Center Type | Neighborhood Center | Total Land Area | 14.35 AC |
| Parking | 509 Spaces | Year Built | 1987 |
| Stores | 22 | Cross Streets | U.S. Hwys. 441 & 19 |
| Center Properties | 4 |
| Total Space Available | 41,000 SF |
| Center Type | Neighborhood Center |
| Parking | 509 Spaces |
| Stores | 22 |
| Center Properties | 4 |
| Gross Leasable Area | 109,823 SF |
| Total Land Area | 14.35 AC |
| Year Built | 1987 |
| Cross Streets | U.S. Hwys. 441 & 19 |
ABOUT THE PROPERTY
Repainted in 2023, this busy 98,312 SF retail center is home to national tenants such as Honeybaked Ham, Dollar General, Subway and Rent-A-Center. New tenants such as PriceMark, Hideaway Performing Arts Center and Showtime USA are also expected to be strong traffic generators. / Ample parking & LOW operating expenses of just $3.84/SF! / Eustis Plaza enjoys convenient access and exposure to Hwy 441, the major east-west thoroughfare in town! 19 runs north/south just a few hundred feet away.
- 24 Hour Access
- Air Conditioning
- Bus Line
- Pylon Sign
NEARBY MAJOR RETAILERS
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Eustis Plaza | 401-501 Plaza Dr
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