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COMMERCIAL SPACE 876 State Route 61 1,604 SF of Retail Space Available in Marengo, OH 43334
HIGHLIGHTS
- 1,604 square feet of versatile commercial space
- Next to a successful marijuana dispensary
- Ample parking available for customers and employees
- Located off State Route 61, close to I-71
- New construction with contemporary design
- Excellent visibility from major roadways
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,604 SF | Negotiable | $33.50 CAD/SF/YR $2.79 CAD/SF/MO $53,737 CAD/YR $4,478 CAD/MO | Triple Net (NNN) |
1st Floor
This prime 1,604 square foot commercial space is located in a high-traffic area just off State Route 61 and in close proximity to I-71, offering exceptional visibility and accessibility. The property is situated next to a well-established marijuana dispensary, attracting steady foot traffic and offering great potential for complementary businesses. The brand-new building features modern design and amenities, including ample parking for both customers and employees. The strategic location ensures high visibility from major roadways, making it an ideal choice for retail, office, or service-based businesses looking to capitalize on its proximity to established commercial operations and easy access to major highways. Whether you’re looking to expand your business or establish a new presence in a high-demand area, this property offers endless opportunities.
- Lease rate does not include utilities, property expenses or building services
- 1,604 square feet of versatile commercial space
- Located off State Route 61, close to I-71
- Next to a successful marijuana dispensary
- New construction with contemporary design
- Ample parking available for customers and employee
- Excellent visibility from major roadways
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 COMMERCIAL SPACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Verdant Creations
- Retailer
- -
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Verdant Creations | Retailer | - | - |
PROPERTY FACTS
| Total Space Available | 1,604 SF | Gross Leasable Area | 6,028 SF |
| Property Type | Retail | Year Built | 2023 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 10/1,000 SF |
| Total Space Available | 1,604 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,028 SF |
| Year Built | 2023 |
| Parking Ratio | 10/1,000 SF |
ABOUT THE PROPERTY
This prime 1,604 square foot commercial space is located in a high-traffic area just off State Route 61 and in close proximity to I-71, offering exceptional visibility and accessibility. The property is situated next to a well-established marijuana dispensary, attracting steady foot traffic and offering great potential for complementary businesses. The brand-new building features modern design and amenities, including ample parking for both customers and employees. The strategic location ensures high visibility from major roadways, making it an ideal choice for retail, office, or service-based businesses looking to capitalize on its proximity to established commercial operations and easy access to major highways. Whether you’re looking to expand your business or establish a new presence in a high-demand area, this property offers endless opportunities.
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COMMERCIAL SPACE | 876 State Route 61
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