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Pacific Plaza 601-617 Clay St E 1,170 SF of Retail Space Available in Monmouth, OR 97361
HIGHLIGHTS
- Great Location on HWY 99W
- Close to Western Oregon University.
- Newer Shopping Center
- Ample Parking
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 609 | 1,170 SF | 3-10 Years | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $19,599 CAD/YR $1,633 CAD/MO | Triple Net (NNN) |
601-609 E Clay St - 1st Floor - Ste 609
Excellent retail space available in one of Monmouth's newer shopping centers. Space was previously occupied by pizza companies and would work well for another food user or could also be used as standard retail Space. NNN Lease $.93 SF/MO.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Space In Need of Renovation
- Newer Shopping Center
- High Traffic Counts / HWY 99
- Close to Western Oregon University (.5 Miles)
- Large Pizza Hood
- Ample Parking 7.5/1,000
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 PACIFIC PLAZA
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Muchas Gracias
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Muchas Gracias | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 1,170 SF | Gross Leasable Area | 10,500 SF |
| Center Type | Strip Center | Total Land Area | 0.51 AC |
| Parking | 29 Spaces | Year Built | 2007 |
| Center Properties | 2 |
| Total Space Available | 1,170 SF |
| Center Type | Strip Center |
| Parking | 29 Spaces |
| Center Properties | 2 |
| Gross Leasable Area | 10,500 SF |
| Total Land Area | 0.51 AC |
| Year Built | 2007 |
ABOUT THE PROPERTY
Excellent retail space available in one of Monmouth's newer shopping centers. This building is located on the corner of Clay St. and Pacific Hwy in Monmouth. High traffic location on main thoroughfare between Salem and Corvallis. Close to WOU, Independence and Dallas. Space was previously occupied by pizza restaurants and includes new pizza hood. NNN Lease $.93 SF/MO.
NEARBY MAJOR RETAILERS
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Pacific Plaza | 601-617 Clay St E
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