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Independence Square 5860-5990 Sashabaw Rd 1,450 - 8,359 SF of Retail Space Available in Independence Township, MI 48348
SPACE AVAILABILITY (3)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,609 SF | Negotiable | $36.29 CAD/SF/YR $3.02 CAD/SF/MO $58,397 CAD/YR $4,866 CAD/MO | Triple Net (NNN) | ||
| 1st Floor | 5,300 SF | Negotiable | $22.33 CAD/SF/YR $1.86 CAD/SF/MO $118,374 CAD/YR $9,865 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5980 | 1,450 SF | Negotiable | $36.29 CAD/SF/YR $3.02 CAD/SF/MO $52,626 CAD/YR $4,386 CAD/MO | Triple Net (NNN) |
5860-5990 Sashabaw Rd - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Security System
- Secure Storage
- Wheelchair Accessible
5660 Maybee Rd - 1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
- Central Air and Heating
- Private Restrooms
- Security System
- Secure Storage
- Smoke Detector
- Wheelchair Accessible
5860-5990 Sashabaw Rd - 1st Floor - Ste 5980
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Freezer Space
- Security System
- Secure Storage
- Wheelchair Accessible
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.
SELECT TENANTS AT INDEPENDENCE SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- GameStop
- Game Store
- 2,957
- International
- Kroger
- Supermarket
- 1,866
- National
- LaVida Massage
- Massage
- 71
- National
- Randolph's Salon
- Salon/Barber/Spa
- 2
- Regional
- Subway
- Sub Sandwich
- 28,950
- International
- The Joint Chirporatic
- Health Care and Social Assistance
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| GameStop | Game Store | 2,957 | International |
| Kroger | Supermarket | 1,866 | National |
| LaVida Massage | Massage | 71 | National |
| Randolph's Salon | Salon/Barber/Spa | 2 | Regional |
| Subway | Sub Sandwich | 28,950 | International |
| The Joint Chirporatic | Health Care and Social Assistance | 1 | - |
PROPERTY FACTS
FEATURES AND AMENITIES
- Pylon Sign
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
Xavier Realty
Independence Square | 5860-5990 Sashabaw Rd
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