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6840 N Waverly St 10,200 SF of Retail Space Available in Dearborn Heights, MI 48127
HIGHLIGHTS
- Prime location just off of heavily traveled Telegraph Road
- Large Commercial Kitchen
- Approximately 170 on-site parking spaces
- High Ceilings, Office Area, Coat Room, and Restrooms
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 10,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Located in Food Court
- Central Air Conditioning
- Easy access to major roads and businesses
- Ideal for retail, office, or light industrial use
- Generous parking space for customers and employees
- Growing area with excellent long-term potential
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 | 10,200 SF | Year Built | 1952 |
| Property Type | Retail | Parking Ratio | 16.67/1,000 SF |
| Gross Leasable Area | 10,200 SF |
| Total Space Available | 10,200 SF |
| Property Type | Retail |
| Gross Leasable Area | 10,200 SF |
| Year Built | 1952 |
| Parking Ratio | 16.67/1,000 SF |
ABOUT THE PROPERTY
Discover the vibrant neighborhood surrounding the Waverly Plaza, where the rich cultural fabric of Dearborn Heights comes to life. Nestled in a bustling retail district, this prime location offers a diverse array of shopping and dining options. From popular national retailers and eateries, the area caters to a variety of consumer preferences. Within close proximity to notable attractions like Warren Valley Golf Course, Golfview Manor Banquet and Niveen's Steakhouse. The property provides an exceptional opportunity for retail tenants seeking to become part of this dynamic and thriving commercial environment.
NEARBY MAJOR RETAILERS
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6840 N Waverly St
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