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Riverside Plaza 410-526 E College Way 5,904 - 29,904 SF of Retail Space Available in Mount Vernon, WA 98273
HIGHLIGHTS
- 7,765+ Daytime Employees within 1-Mile
- $82,000+ Average Household Income within 3-Miles
- 49,445 + Population within 3-Miles
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,904 SF | Negotiable | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $123,623 CAD/YR $10,302 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 24,000 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $402,025 CAD/YR $33,502 CAD/MO | Triple Net (NNN) |
410-526 E College Way - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
410-526 E College Way - 1st Floor
- 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 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.
SELECT TENANTS AT RIVERSIDE PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Jo-Ann Fabric and Craft Stores
- Art/Crafts
- 1
- National
- Rite Aid
- -
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Jo-Ann Fabric and Craft Stores | Art/Crafts | 1 | National |
| Rite Aid | - | - | - |
PROPERTY FACTS
| Total Space Available | 29,904 SF | Gross Leasable Area | 47,600 SF |
| Center Type | Strip Center | Total Land Area | 4.49 AC |
| Parking | 176 Spaces | Year Built | 1970 |
| Center Properties | 1 | Cross Streets | College Way & Riverside Dr. |
| Total Space Available | 29,904 SF |
| Center Type | Strip Center |
| Parking | 176 Spaces |
| Center Properties | 1 |
| Gross Leasable Area | 47,600 SF |
| Total Land Area | 4.49 AC |
| Year Built | 1970 |
| Cross Streets | College Way & Riverside Dr. |
ABOUT THE PROPERTY
Highly visible location along East College Way with 26,000 average vehicles per day. Excellent access, visibility and ample parking. Available space is an end cap in this JoAnn and Rite Aid anchored center. Ideally located in the commercial core of Mount Vernon near other national retailers such as Lowe’s, Walmart, Safeway, Petco, Office Depot, Hobby Lobby, and more. Mount Vernon is a rapidly expanding market that has experienced a 25% population increase since 2000 (compared to 16.3% nationally). Just a mile east of the Center, Skagit Valley College serves nearly 5,000 students.
- Dedicated Turn Lane
- Signalized Intersection
NEARBY MAJOR RETAILERS
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Riverside Plaza | 410-526 E College Way
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