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HIGHLIGHTS
- Open Layout
- Historic Building
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,500 SF | 1-20 Years | $14.88 CAD/SF/YR $1.24 CAD/SF/MO $66,962 CAD/YR $5,580 CAD/MO | Triple Net (NNN) |
1st Floor
$4000 a month
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Private Restrooms
- Wheelchair Accessible
- High Traffic count
- Foot Traffic
- Daily and nightly visitors
- Bustling Downtown Life
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 | 4,500 SF | Gross Leasable Area | 4,500 SF |
| Property Type | Retail | Year Built | 1920 |
| Total Space Available | 4,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 4,500 SF |
| Year Built | 1920 |
ABOUT THE PROPERTY
Prime Historic Commercial Space Available at 850 N Railroad Ave, Opelika, AL Located in the heart of Opelika, Alabama, this charming historic commercial space offers a unique opportunity for businesses seeking a blend of classic character and modern functionality. Situated at 850 N Railroad Ave, this building is a standout in a vibrant, growing community; perfect for retail, dining, office, or creative ventures. The space boasts original architectural features that tell the story of Opelika’s rich history, while providing all the amenities needed for today’s business needs. With ample open area, spacious interiors, and a prime location in downtown and nearby major transportation routes, this is the ideal spot to establish your business in a thriving area. No matter your business needs, 850 N Railroad Ave offers the perfect setting to create something special. Don't miss out on this opportunity to be part of the revitalization of Opelika’s historic district.
- 24 Hour Access
- Courtyard
- Wheelchair Accessible
NEARBY MAJOR RETAILERS
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850 N Railroad Ave | 850 Railroad Ave
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