Your email has been sent.
508 Locust St 998 SF of Retail Space Available in Middletown, IN 47356
Highlights
- Large Bay Windows
- Dedicated Storage Space
- Full Kitchen
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 998 SF | Negotiable | $10.76 CAD/SF/YR $0.90 CAD/SF/MO $10,740 CAD/YR $895.04 CAD/MO | Full Service |
1st Floor
508 LOCUST ST., MIDDLETOWN *COMMERCIAL SPACE* *ALL UTILITIES INCLUDED IN RENT* SEC DEP $650.00 *HIGH VISIBILITY LOCATION – DOWNTOWN MIDDLETOWN* RENT $650.00 MONTHLY GREAT LOCATION FOR YOUR NEW OR EXISTING BUSINESS! LOCATED IN DOWNTOWN MIDDLETOWN WITH LARGE GLASS WINDOWS IDEAL FOR RETAIL BUSINESSES OR SHOPS, RESTAURAUNTS, OR BUSINESSES LOOKING TO GAIN BRAND AWARENESS AND VISIBLITY IN THE COMMUNITY. THIS LOWER LEVEL UNIT IS LOCATED IN A MIXED USE BUILDING IN THE HEART OF DOWNTOWN MIDDLETOWN. THIS UNIT OFFERS APPROXIMATELY 1,000 S.F. OF LEASEABLE SPACE READY FOR YOUR FINISHING TOUCHES. THIS WAS PREVIOUSLY A BAKERY AND IS PRE-PLUMBED AND DESIGNED CURRENTLY TO EASILY BE TRANSFORMED BACK INTO A FOOD SERVICE BUSINESS. THIS UNIT OFFERS A RESTROOM AND STANDING SHOWER AND ONLY REQUIRES MINOR COSMETIC UPDATES AND IMPROVEMENTS TO MAKE READY FOR OCCUPANCY. ADDITIONALLY, THERE IS A BACK AREA PERFECT FOR STORAGE NEEDS. OWNER IS WILLING TO OFFER TENANT IMPROVEMENT ALLOWANCES AND/OR POTENTIALLY FREE-RENT OPTIONS FOR LONG-TERM 3- AND 5-YEAR LEASE OPTIONS. OWNER IS ALSO WILLING TO CONSIDER SHORT-TERM LEASES IF REQUIRED. OPEN TO OFFERS SHOULD THIS SPACE BE A GREAT FIT FOR YOUR CURRENT OR EXISTING BUSINESS! OFF-STREET PARKING AVAILABLE. ALL UTILITIES INCLUDED IN RENT – OWNER PAYS. NO LAWNCARE MAINTENANCE. RENTER’S INSURANCE REQUIRED AT TENANT COST.
- Rate includes utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Central Air and Heating
- Shower Facilities
- LARGE BAY WINDOWS,DEDICATED STORAGE SPACE,KITCHEN
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 | 998 SF | Gross Leasable Area | 998 SF |
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront |
| Total Space Available | 998 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 998 SF |
| Year Built | 1900 |
About the Property
508 LOCUST ST., MIDDLETOWN *COMMERCIAL SPACE* *ALL UTILITIES INCLUDED IN RENT* SEC DEP $650.00 *HIGH VISIBILITY LOCATION – DOWNTOWN MIDDLETOWN* RENT $650.00 MONTHLY GREAT LOCATION FOR YOUR NEW OR EXISTING BUSINESS! LOCATED IN DOWNTOWN MIDDLETOWN WITH LARGE GLASS WINDOWS IDEAL FOR RETAIL BUSINESSES OR SHOPS, RESTAURAUNTS, OR BUSINESSES LOOKING TO GAIN BRAND AWARENESS AND VISIBLITY IN THE COMMUNITY. THIS LOWER LEVEL UNIT IS LOCATED IN A MIXED USE BUILDING IN THE HEART OF DOWNTOWN MIDDLETOWN. THIS UNIT OFFERS APPROXIMATELY 1,000 S.F. OF LEASEABLE SPACE READY FOR YOUR FINISHING TOUCHES. THIS WAS PREVIOUSLY A BAKERY AND IS PRE-PLUMBED AND DESIGNED CURRENTLY TO EASILY BE TRANSFORMED BACK INTO A FOOD SERVICE BUSINESS. THIS UNIT OFFERS A RESTROOM AND STANDING SHOWER AND ONLY REQUIRES MINOR COSMETIC UPDATES AND IMPROVEMENTS TO MAKE READY FOR OCCUPANCY. ADDITIONALLY, THERE IS A BACK AREA PERFECT FOR STORAGE NEEDS. OWNER IS WILLING TO OFFER TENANT IMPROVEMENT ALLOWANCES AND/OR POTENTIALLY FREE-RENT OPTIONS FOR LONG-TERM 3- AND 5-YEAR LEASE OPTIONS. OWNER IS ALSO WILLING TO CONSIDER SHORT-TERM LEASES IF REQUIRED. OPEN TO OFFERS SHOULD THIS SPACE BE A GREAT FIT FOR YOUR CURRENT OR EXISTING BUSINESS! OFF-STREET PARKING AVAILABLE. ALL UTILITIES INCLUDED IN RENT – OWNER PAYS. NO LAWNCARE MAINTENANCE. RENTER’S INSURANCE REQUIRED AT TENANT COST.
- Air Conditioning
Presented by
Morgan Properties
508 Locust St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.