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Twin Lakes Plaza 759 Highway 62 E 1,000 - 81,645 SF of Office/Retail Space Available in Mountain Home, AR 72653

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HIGHLIGHTS

  • Heavy traffic area, featuring quality retailers such as Walgreens, Subway, KFC, and Taco Bell all within a half mile radius.
  • High residential area, ton of single family homes across US HWY 62, as well as an apartment complex west of the shopping center.
  • Signage visible from Highway 62.

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 1,000-81,645 SF
  • 3-5 Years
  • $19.54 CAD/SF/YR $1.63 CAD/SF/MO $1,595,578 CAD/YR $132,965 CAD/MO
  • Triple Net (NNN)
727 Hwy 62 E - 1st Floor
Space Use
Office/Retail
Condition
Full Build-Out
Availability
Now

Renovated in 2010. Structure is compatible for office/medical/retail.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Fits 3 - 654 People
  • Central Air and Heating
Space Size Term Rental Rate Rent Type
1st Floor 1,000-81,645 SF 3-5 Years $19.54 CAD/SF/YR $1.63 CAD/SF/MO $1,595,578 CAD/YR $132,965 CAD/MO Triple Net (NNN)

727 Hwy 62 E - 1st Floor

Size
1,000-81,645 SF
Term
3-5 Years
Rental Rate
$19.54 CAD/SF/YR $1.63 CAD/SF/MO $1,595,578 CAD/YR $132,965 CAD/MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
Full Build-Out
Availability
Now

Renovated in 2010. Structure is compatible for office/medical/retail.

  • Lease rate does not include utilities, property expenses or building services
  • Fully Built-Out as Standard Retail Space
  • Fits 3 - 654 People
  • Central Air and Heating

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 TWIN LAKES PLAZA

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Dunham's Sports
  • Sporting Goods
  • 320
  • National
  • Hobby Lobby
  • Hobby
  • 1,333
  • National
TENANT DESCRIPTION US LOCATIONS REACH
Dunham's Sports Sporting Goods 320 National
Hobby Lobby Hobby 1,333 National

PROPERTY FACTS

Total Space Available 81,645 SF
Min. Divisible 1,000 SF
Center Type Community Center
Parking 806 Spaces
Stores 30
Center Properties 2
Gross Leasable Area 274,000 SF
Total Land Area 24.77 AC
Year Built 1979

ABOUT THE PROPERTY

Retail space available; next to Hobby Lobby and Big Lots. 76,000 sq ft divisible down to 4,000 sq ft. Twin Lakes Plaza is a 350,000 square foot complex situated in the center of Mountain Home, Arkansas. In 2009, Twin Lakes Plaza was completely renovated. Twin Lakes Plaza features several large-scale areas suitable for national brand retailers and restaurants as well as mid-range and boutique spaces for specialty shops. The Plaza also is perfect for service and health care businesses.

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage
  • Signalized Intersection
  • Enclosed Mall

NEARBY MAJOR RETAILERS

Centennial Bank
Starbucks
Harps Food
7 Brew Coffee
Bank OZK
Buddy's Home Furnishings
Western Sizzlin
U.S. Bank
  • Listing ID: 16928864

  • Date on Market: 2012-07-12

  • Last Updated:

  • Address: 759 Highway 62 E, Mountain Home, AR 72653

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