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Durand Plaza 8751-8789 Monroe Rd 960 - 8,713 SF of Retail Space Available in Durand, MI 48429
HIGHLIGHTS
- Popular neighborhood shopping center
SPACE AVAILABILITY (4)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 8757 | 2,898 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $48,545 CAD/YR $4,045 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 8767 | 960 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $16,081 CAD/YR $1,340 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 8771 | 1,200 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $20,101 CAD/YR $1,675 CAD/MO | Triple Net (NNN) | ||
| 1st Floor, Ste 8785 | 3,655 SF | Negotiable | $16.75 CAD/SF/YR $1.40 CAD/SF/MO $61,225 CAD/YR $5,102 CAD/MO | Triple Net (NNN) |
8751-8791 Monroe Rd - 1st Floor - Ste 8757
In-line retail suite, featuring wide-open space, ready for tenant to customize to their needs. Small storage room with shelving
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
8751-8791 Monroe Rd - 1st Floor - Ste 8767
Space currently features a small waiting area with a half door leading into a private office. The private office features large storefront windows providing plenty of natural lighting. Back area features open space ready to be converted to tenants' needs; space features a back utility room and restroom.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
8751-8791 Monroe Rd - 1st Floor - Ste 8771
Former tattoo shop, this in-line retail space features large storefront windows, former lobby/waiting area that could be a great retail floor. One private meeting space and private back rooms for storage or breakroom usage. Space is open and ready for new tenants' customization.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
8751-8791 Monroe Rd - 1st Floor - Ste 8785
Large wide open former pet supplies store. This location would make a great fast-casual restaurant, see example drawings and renderings. This suite provides endless opportunities for tenant, TI Allowance available.
- Lease rate does not include utilities, property expenses or building services
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 | 8,713 SF | Frontage | |
| Center Type | Neighborhood Center | Gross Leasable Area | 81,806 SF |
| Parking | 274 Spaces | Total Land Area | 5.72 AC |
| Stores | 14 | Year Built | 1985 |
| Center Properties | 1 |
| Total Space Available | 8,713 SF |
| Center Type | Neighborhood Center |
| Parking | 274 Spaces |
| Stores | 14 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 81,806 SF |
| Total Land Area | 5.72 AC |
| Year Built | 1985 |
ABOUT THE PROPERTY
Monroe Plaza (Durand Plaza) is located at the I-69/Durand Road interchange on M-71. It is the main shopping center for the City of Durand and surrounding areas. The center is anchored by Anytime Fitness & Hurley Medical. Plaza is shadow-anchored by Gill-Roy's Hardware, Family Dollar, Dollar General, CarQuest Auto, Subway, Wendy's, McDonald's, Rite Aid, Rainbow RV Sales, and a Chevy Dealership. Dutch Hollow Golf Course is around the corner. There is dual road ingress/egress, with pylons for each side. Plenty of parking. Property is located at M-71 & Monroe Roads, just east of the I-69 interchange. M-13 and M-21 are nearby. I-75 is 10 minutes east. Durand is between Flint and Lansing in Mid-Michigan. Flint's Bishop Airport is less than 10 minutes east. Owosso Community Airport is about 15 minutes northwest. Amtrak Railroad Station is located downtown Durand just a few short blocks from the shopping center.
- Pylon Sign
- Signage
- Tenant Controlled HVAC
NEARBY MAJOR RETAILERS
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Durand Plaza | 8751-8789 Monroe Rd
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