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944 State Route 28 9,975 SF of Retail Space Available in Milford, OH 45150
HIGHLIGHTS
- Renovated in 2022 - New finishes for Ducati dealership.
- Easily accessible, highly visible, and well -maintained.
- Several new large -scale developments nearby.
- Large retail showroom for auto -related uses.
- Growing local economy & vibrant businesses nearby.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 9,975 SF | Negotiable | $13.95 CAD/SF/YR $1.16 CAD/SF/MO $139,171 CAD/YR $11,598 CAD/MO | Triple Net (NNN) |
1st Floor
Automotive retail showroom and repair for lease. 9,975 SF | Total 3,665 SF | Retail Showroom 4,210 SF | Warehouse & Storage 2,100 SF | Repair Shop (Back Building).
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Space is in Excellent Condition
- Turnkey Condition - Open for business immediately.
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 944 STATE ROUTE 28, MILFORD, OH 45150
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Olympic Car Wash
- Services
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Olympic Car Wash | Services | 1 | - |
PROPERTY FACTS
| Total Space Available | 9,975 SF | Gross Leasable Area | 9,975 SF |
| Property Type | Retail | Year Built | 1977 |
| Property Subtype | Auto Repair | Parking Ratio | 2.01/1,000 SF |
| Total Space Available | 9,975 SF |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Leasable Area | 9,975 SF |
| Year Built | 1977 |
| Parking Ratio | 2.01/1,000 SF |
ABOUT THE PROPERTY
Recently renovated automotive retail showroom and repair shop. Previously used as a motor sports retail use with several interior and exterior updates. Layout includes a large showroom, customer lobby, private office, two (2) ADA restrooms, warehouse for repairs and inventory storage, and a separate 2,100 SF repair shop. 14,153 VPD traffic county. Plenty of onsite parking available. This is a must see...move -in ready space for your employees and customers to enjoy. Owner is co-listing agent.
NEARBY MAJOR RETAILERS
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944 State Route 28
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