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4435 Red Arrow Hwy 2,383 SF of Retail Space Available in Stevensville, MI 49127
Highlights
- Prime Red Arrow Hwy frontage with strong visibility
- Newer 2010 construction with brick exterior
- Great signage opportunity with on site parking
- 2,383 SF open layout ready for custom buildout
- Triple net lease in strong Stevensville corridor
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,383 SF | 5 Years | $17.06 CAD/SF/YR $1.42 CAD/SF/MO $40,659 CAD/YR $3,388 CAD/MO | Triple Net (NNN) |
1st Floor
Prime Commercial Space for lease in Stevensville. This versatile space offers endless possibilities for businesses looking to establish or expand their presence. The property is ideal for retail, professional or mixed use with approx 2300 sq ft. Prime location in Stevensville with heavy foot traffic and excellent accessibility, close to highway and complementary businesses. Open floor plan allowing for custom layout designs, prominent signage opportunity, parking, and visibility for capturing both local and pass through traffic. Base rent of $2800, plus triple net, taxes, insurance and CAM fees.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Convenience Store
- Space In Need of Renovation
- Prime Red Arrow Hwy frontag with strong visibility
- 2,383 SF open layout ready for custom buildout
- Newer 2010 construction with brick exterior
- Great signage opportunity with on site parking
- Triple net lease in strong Stevensville corridor
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.
Property Facts
| Total Space Available | 2,383 SF | Gross Leasable Area | 3,281 SF |
| Property Type | Retail | Year Built | 2000 |
| Property Subtype | Restaurant | Parking Ratio | 6.1/1,000 SF |
| Total Space Available | 2,383 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 3,281 SF |
| Year Built | 2000 |
| Parking Ratio | 6.1/1,000 SF |
About the Property
Prime Commercial Space for lease in Stevensville. This versatile space offers endless possibilities for businesses looking to establish or expand their presence. The property is ideal for retail, professional or mixed use with approx 2300 sq ft. Prime location in Stevensville with heavy foot traffic and excellent accessibility, close to highway and complementary businesses. Open floor plan allowing for custom layout designs, prominent signage opportunity, parking, and visibility for capturing both local and pass through traffic. Base rent of $2800, plus triple net, taxes, insurance and CAM fees.
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4435 Red Arrow Hwy
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