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4535 Coldwater Rd 1,550 SF of Retail Space Available in Fort Wayne, IN 46825
Highlights
- Highly Trafficked. Quick Service Oil Change Ready.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,550 SF | 3-5 Years | $58.31 CAD/SF/YR $4.86 CAD/SF/MO $90,381 CAD/YR $7,532 CAD/MO | Triple Net (NNN) |
1st Floor
This retail out parcel is located in a busy retail corridor. Fully built out as a quick-service auto shop it features 2 garage doors to the service area and a separate office and waiting area.
- Lease rate does not include utilities, property expenses or building services
- Space is an outparcel at this property
- Two oil change bays and oil storage area.
- Separate reception area and two drive-up lanes.
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 | 1,550 SF | Gross Leasable Area | 1,550 SF |
| Property Type | Retail | Year Built | 1985 |
| Property Subtype | Service Station | Parking Ratio | 9.03/1,000 SF |
| Total Space Available | 1,550 SF |
| Property Type | Retail |
| Property Subtype | Service Station |
| Gross Leasable Area | 1,550 SF |
| Year Built | 1985 |
| Parking Ratio | 9.03/1,000 SF |
About the Property
• Located in a prime area with 72,000 VPD from Coldwater Rd and Coliseum Blvd. • Property is set up for an automotive use case, but can be converted to suit various retail uses. • Located in between 2 intersections, across from a high traffic shopping center. • 2 oil change bays, oil storage area, reception, 2 drive-up lanes.
- Pylon Sign
Nearby Major Retailers
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4535 Coldwater Rd
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