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620 W Main St 8,596 SF of Flex Space Available in Tupelo, MS 38804
HIGHLIGHTS
- Located within 300 yds of the highest combined traffic volume in the County (over 40,000 VPD).
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,596 SF | Negotiable | $9.07 CAD/SF/YR $0.76 CAD/SF/MO $77,955 CAD/YR $6,496 CAD/MO | Triple Net (NNN) |
1st Floor
The space includes 1,686 SF showroom / retail area, a 2,636 SF shop with 3 drive-in bays, and 4,274 SF of storage.
- Lease rate does not include utilities, property expenses or building services
- Includes 1,686 SF of dedicated office space
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 | 8,596 SF | Gross Leasable Area | 17,588 SF |
| Property Type | Retail | Year Built | 1963 |
| Property Subtype | Freestanding | Parking Ratio | 1.25/1,000 SF |
| Total Space Available | 8,596 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 17,588 SF |
| Year Built | 1963 |
| Parking Ratio | 1.25/1,000 SF |
ABOUT THE PROPERTY
TRI Inc is pleased to present this 8,596 SF retail / shop building formerly occupied by a national tire store. The space includes 1,686 SF showroom / retail area, a 2,636 SF shop with 3 drive-in bays, and 4,274 SF of storage. This unique opportunity is located on West Main Street in Tupelo Ms within 300 yds of the highest combined traffic volume in the County (over 40,000 VPD), the intersection of Gloster St and Main St. This space could be used for any auto shop need and could also be converted into attractive retail or restaurant space. The landlord is willing to contribute improvement funds toward a solid project with a credit-worthy operator. A conceptual plan depicting one conversion idea is on file and available upon request.
NEARBY MAJOR RETAILERS
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620 W Main St
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