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HIGHLIGHTS
- Free-standing Retail on US 6 in Portage, IN
- Maximum exposure in the heart of Portage retail
- Drive-in door for product delivery
- 10,800 SF open concept store sitting on 1.25 acres
- Outlot to a Planet Fitness anchored Center
- Well maintained all brick building built in 2015
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,800 SF | Negotiable | $20.94 CAD/SF/YR $1.74 CAD/SF/MO $226,139 CAD/YR $18,845 CAD/MO | Triple Net (NNN) |
1st Floor
Free-standing Retail on US 6 in Portage, IN. 10,800 SF open concept store sitting on 1.25 acres.
- 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
- 1 Drive-In Door
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 | 10,800 SF | Gross Leasable Area | 10,800 SF |
| Property Type | Retail | Year Built | 2015 |
| Property Subtype | Freestanding |
| Total Space Available | 10,800 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 10,800 SF |
| Year Built | 2015 |
ABOUT THE PROPERTY
Free-standing Retail property on U.S. 6 in Portage, Indiana. The 10,800 open concept store sits on 1.25 acres, offering maximum exposure in the heart of Portage's retail hub. As an outlot to a Planet Fitness anchored Center, the property benefits from high foot traffic and visibility. Recently constructed in 2015, this well-maintained all brick building presents a modern and inviting space for retail tenants. With ample parking and a strategic location, this property offers an ideal setting for businesses seeking a prominent retail presence in a strong commercial environment.
- Air Conditioning
NEARBY MAJOR RETAILERS
Presented by
6245 US Highway 6
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