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Phoenix Center 4600 Towson Ave 638 - 37,669 SF of Retail Space Available in Fort Smith, AR 72901
HIGHLIGHTS
- New 15-yr TOP roof has been installed.
- Phoenix Ave - 9,300 ADT
- T.I. Allowance available.
- Notable tenant in shopping center is Goodwill
- Towson Ave - 19,000 ADT
SPACE AVAILABILITY (5)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 638-8,755 SF | 10’ | 5 Years | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $183,319 CAD/YR $15,277 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste 70 | 3,450-8,755 SF | 10’ | 5 Years | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $158,877 CAD/YR $13,240 CAD/MO | Net | |
| 1st Floor, Ste 70A | 2,647-8,755 SF | - | 5 Years | $13.96 CAD/SF/YR $1.16 CAD/SF/MO $122,213 CAD/YR $10,184 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste 70B | 2,658-8,755 SF | - | 5 Years | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $158,877 CAD/YR $13,240 CAD/MO | Net | |
| 1st Floor, Ste 79 | 2,649 SF | 10’ | 5 Years | $18.15 CAD/SF/YR $1.51 CAD/SF/MO $48,071 CAD/YR $4,006 CAD/MO | Net |
1st Floor
The additional charges for CAM, tax and insurance are currently $2.00 psf. Tenant Improvement Allowance: $25.00 psf at quoted rents with acceptable tenant credit & minimum 5-year lease term.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 11,404 SF of adjacent space
- Finished Ceilings: 10’
1st Floor, Ste 70
The additional charges for CAM, tax and insurance are currently $2.00 psf. Tenant Improvement Allowance: $25.00 psf at quoted rents with acceptable tenant credit & minimum 5-year lease term.
- Lease rate does not include certain property expenses
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 26,265 SF of adjacent space
- Finished Ceilings: 10’
- High-traffic street with a 20,000 ADT
1st Floor, Ste 70A
The additional charges for CAM, tax and insurance are currently $2.25 psf. Tenant Improvement Allowance: $20.00 psf at quoted rents with acceptable tenant credit & minimum 5-year lease term.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 26,265 SF of adjacent space
1st Floor, Ste 70B
The additional charges for CAM, tax and insurance are currently $2.00 psf. Tenant Improvement Allowance: $25.00 psf at quoted rents with acceptable tenant credit & minimum 5-year lease term.
- Lease rate does not include certain property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 26,265 SF of adjacent space
1st Floor, Ste 79
The additional charges for CAM, tax and insurance are currently $2.00 psf. Tenant Improvement Allowance: $25.00 psf at quoted rents with acceptable tenant credit & minimum 5-year lease term.
- Lease rate does not include certain property expenses
- Located in-line with other retail
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 11,404 SF of adjacent space
- Finished Ceilings: 10’
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 | 37,669 SF | Property Subtype | Storefront |
| Min. Divisible | 638 SF | Gross Leasable Area | 37,669 SF |
| Max. Contiguous | 26,265 SF | Year Built | 1965 |
| Property Type | Retail | Parking Ratio | 7.94/1,000 SF |
| Total Space Available | 37,669 SF |
| Min. Divisible | 638 SF |
| Max. Contiguous | 26,265 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 37,669 SF |
| Year Built | 1965 |
| Parking Ratio | 7.94/1,000 SF |
ABOUT THE PROPERTY
Located at Phoenix Ave and Towson Ave in Fort Smith.
- Signage
NEARBY MAJOR RETAILERS
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Phoenix Center | 4600 Towson Ave
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