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Former US Bank 402 Richmond Ave E 1,806 SF of Retail Space Available in Mattoon, IL 61938
Highlights
- Located across from the Cross County Mall, anchored by Rural King, Marshalls, and Dunham’s Sports
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,806 SF | 2-20 Years | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Fully Built-Out as a Bank
- Space is an outparcel at this property
- Space is in Excellent Condition
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.
Site Plan
Property Facts
| Total Space Available | 1,806 SF | Total Land Area | 1.60 AC |
| Property Type | Retail | Year Built | 1982 |
| Property Subtype | Bank | Parking Ratio | 8.31/1,000 SF |
| Gross Leasable Area | 1,806 SF |
| Total Space Available | 1,806 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 1,806 SF |
| Total Land Area | 1.60 AC |
| Year Built | 1982 |
| Parking Ratio | 8.31/1,000 SF |
About the Property
AVAILABLE: 1,806 SF former bank building on 1.6 AC located across from the Cross County Mall, anchored by Rural King, Marshalls, and Dunham’s Sports The Cross County Mall is the primary shopping destination in the Charleston-Mattoon Micropolitan Statistical Area, which has a trade area population of 101,319 Emerald Acres Sports Connection, a new $100 M indoor and outdoor sports complex, is located across the street and is projected to draw 580,000 visitors and generate $23.8 M in direct spending and 59,000 hotel room nights on an annual basis Positioned on Richmond Avenue between the area’s commercial district and the residential population of Mattoon This market and Rural King draw from up to 30 miles in all directions and as far as to cities such as Chicago, Indianapolis, and St. Louis with the draw of Emerald Acres Sports Connection
- Pylon Sign
- Drive Thru
Nearby Major Retailers
Presented by
Former US Bank | 402 Richmond Ave E
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