Your email has been sent.
West Sherman Plaza 850-880 W Sherman Blvd 2,070 SF of Retail Space Available in Muskegon, MI 49441
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 2,070 SF | 2-10 Years | $15.36 CAD/SF/YR $1.28 CAD/SF/MO $31,785 CAD/YR $2,649 CAD/MO | Triple Net (NNN) |
880 W Sherman Blvd - 1st Floor - Ste 1
Great location
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Ample Parking
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
ABOUT THE PROPERTY
Large anchor tenant suite and an end cap suite with great visibility and plenty of parking available on the NW corner of the intersection at Sherman Blvd. and Henry St. in Muskegon, MI. Tremendous retail synergy mix in the immediate corridor with neighbors Betten Baker Honda and Betten Baker Chevrolet-Cadillac, Home Depot, West Marine, Sherwin Williams Paint Store, Walgreens, Rite-Aid, Gordon Food Service, Aldi, and many others. The property has been leased by Family Dollar for an extended lease term and has just recently, as of April 2021 had the 15,605 SF anchor space come available after a long term lease with a National grocer. Neighboring small space tenants have recently renewed and the center has enjoyed consistent occupancy. Located at a lighted corner with heavy shopping traffic on both frontage streets. This well maintained building has been recently painted, had new downspouts installed, and was updated with a new roof in 2016. The asphalt parking lot was filled and sealed in 2018.
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
NEARBY MAJOR RETAILERS
Presented by
West Sherman Plaza | 850-880 W Sherman Blvd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.