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Market Square 919 S 20th St 13,374 SF of Industrial Space Available in Norfolk, NE 68701
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 13,374 SF | 5 Years | $6.91 CAD/SF/YR $0.58 CAD/SF/MO $92,448 CAD/YR $7,704 CAD/MO | Triple Net (NNN) |
919 S 20th St - 1st Floor
Located in between Mid City Storage and Harbor Freight Tools.
- 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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 13,374 SF | Total Land Area | 10.47 AC |
| Center Type | Neighborhood Center | Year Built | 1984 |
| Center Properties | 1 | Cross Streets | 18th St. & Center Dr. |
| Gross Leasable Area | 159,515 SF |
| Total Space Available | 13,374 SF |
| Center Type | Neighborhood Center |
| Center Properties | 1 |
| Gross Leasable Area | 159,515 SF |
| Total Land Area | 10.47 AC |
| Year Built | 1984 |
| Cross Streets | 18th St. & Center Dr. |
ABOUT THE PROPERTY
Market Square is a 156,000 square foot retail center located in the heart of Norfolk, Nebraska. Some of the national and regional retailers include: Hobby Lobby, Harbor Freight Tools, and Slumberland/Mid-City Appliances. Located at 1900 Center Drive along Nebraska Highway 275 and adjacent to Target, JCPenney, and Sunset Plaza, Market Square’s prime location supports a strong consumer draw and a stable retail base. Market Square is a regional trade center that supports the needs of consumers both in Norfolk, and the surrounding communities.
NEARBY MAJOR RETAILERS
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Market Square | 919 S 20th St
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