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Park Highland Shopping Center 505-511 S Palestine St 2,300 SF of Retail Space Available in Athens, TX 75751
Highlights
- TxDoT Traffic signal at SW corner
- Traffic Count 10,571 (5-year average TxDoT AADT).
- 2020 Remodel of the subject 2,300 SF retail space
- Two Anchors
- 2019 Remodel of the entire shopping center exterior
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 105 | 2,300 SF | Negotiable | $13.12 CAD/SF/YR $1.09 CAD/SF/MO $30,168 CAD/YR $2,514 CAD/MO | Modified Gross |
505-511 S Palestine St - 1st Floor - Ste 105
Retail suite in the heart of Athens’ retail/restaurant district. Newly refurbished shopping center and white box suite. Two dressing rooms, private office, ADA Bathroom, Mechanical/storage room. Located between two anchor tenants, Save-a-Lot Grocery and Hunan Buffet. Most convenient to hospital and medical district, TVCC college, four AISD school campuses. Traffic Count 10,571 (5-year average TxDoT AADT). Base Rent $9.50/SF/Year. $1,821/month base rent. TxDoT Traffic signal at SW corner Two Anchors Traffic Count 10,571 (5-year average TxDoT AADT). 2019 Remodel of the entire shopping center exterior 2020 Remodel of the subject 2,300 SF retail space
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- High Ceilings
- Drop Ceilings
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
Select Tenants at Park Highland Shopping Center
- Tenant
- Description
- US Locations
- Reach
- Bubbles & Bows Grooming & Boutique
- Services
- 1
- -
- New Hunan Chinese Restaurant
- Restaurant
- -
- -
- Piggly Wiggly
- Supermarket
- 697
- National
- Romero Panaderia
- Retailer
- -
- -
- Scorpion Smoke Shop
- Retailer
- -
- -
| Tenant | Description | US Locations | Reach |
| Bubbles & Bows Grooming & Boutique | Services | 1 | - |
| New Hunan Chinese Restaurant | Restaurant | - | - |
| Piggly Wiggly | Supermarket | 697 | National |
| Romero Panaderia | Retailer | - | - |
| Scorpion Smoke Shop | Retailer | - | - |
Property Facts
| Total Space Available | 2,300 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 36,918 SF |
| Parking | 200 Spaces | Total Land Area | 5.00 AC |
| Stores | 6 | Year Built | 1963 |
| Center Properties | 1 |
| Total Space Available | 2,300 SF |
| Center Type | Neighborhood Center |
| Parking | 200 Spaces |
| Stores | 6 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 36,918 SF |
| Total Land Area | 5.00 AC |
| Year Built | 1963 |
About the Property
Retail suite in the heart of Athens’ retail/restaurant district. Newly refurbished shopping center and refurbished suite. Two dressing rooms, private office, ADA Bathroom, Mechanical/storage room. Located between two anchor tenants, Piggly Wiggly Grocery and Hunan Buffet. Most convenient to hospital and medical district, TVCC college, four AISD school campuses. Traffic Count 10,571 (5-year average TxDoT AADT).
- 24 Hour Access
- Signage
- Signalized Intersection
- Tenant Controlled HVAC
Nearby Major Retailers
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Research In Progress - Research In Progress
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Research In Progress
Park Highland Shopping Center | 505-511 S Palestine St
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