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Lot 2 Prairie Village Lot 2 Prairie Village 1,800 - 14,400 SF of Retail Space Available in Tiffin, IA 52340
HIGHLIGHTS
- Brand new construction
- Two end cap drive thrus
- Future lighted intersection and trail extension
- Two retail office buildings
- Outdoor patio seating
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste Building 1 | 1,800-7,200 SF | 11’ - 14’ | Negotiable | $39.78 CAD/SF/YR $3.32 CAD/SF/MO $286,443 CAD/YR $23,870 CAD/MO | Triple Net (NNN) | |
| 1st Floor, Ste Building 2 | 1,800-7,200 SF | 11’ - 14’ | Negotiable | $39.78 CAD/SF/YR $3.32 CAD/SF/MO $286,443 CAD/YR $23,870 CAD/MO | Triple Net (NNN) |
1st Floor, Ste Building 1
Lot 2 is the newest construction proposed in the Prairie Village development and a prime opportunity in the thriving community of Tiffin, nestled within the Iowa City Metropolitan Area. Anchored by the trusted Fareway Grocery, Prairie Village enjoys a strategic location at the upcoming lighted intersection of N Kimberlite Street and Highway 6, in Spring/Summer 2024. This premiere site is strategically situated adjacent to the future northward trail extension. Lot 2 features two brand new 1,800 - 7,200 square feet buildings with warm vanilla box retail and office space, two end cap drive throughs and patio seating available on North/West endcaps. Landlord is offering a $30 PSF Tenant Improvement Allowance. Members of ownership group are licensed real estate agents in the State of Iowa.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air and Heating
- Wi-Fi Connectivity
- Secure Storage
- Finished Ceilings: 11’ - 14’
- Drive Thru
- Brand new construction
- Two retail and office buildings
- Two end cap drive thrus
- Outdoor patio seating
- Future lighted intersection and trail extension
- Tenant improvement allowance offered
1st Floor, Ste Building 2
Lot 2 is the newest construction proposed in the Prairie Village development and a prime opportunity in the thriving community of Tiffin, nestled within the Iowa City Metropolitan Area. Anchored by the trusted Fareway Grocery, Prairie Village enjoys a strategic location at the upcoming lighted intersection of N Kimberlite Street and Highway 6, in Spring/Summer 2024. This premiere site is strategically situated adjacent to the future northward trail extension. Lot 2 features two brand new 1,800 - 7,200 square feet buildings with warm vanilla box retail and office space, two end cap drive throughs and patio seating available on North/West endcaps. Landlord is offering a $30 PSF Tenant Improvement Allowance. Members of ownership group are licensed real estate agents in the State of Iowa.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
- Central Air and Heating
- Wi-Fi Connectivity
- Secure Storage
- Finished Ceilings: 11’ - 14’
- Drive Thru
- Brand new construction
- Two retail and office buildings
- Two end cap drive thrus
- Outdoor patio seating
- Future lighted intersection and trail extension
- Tenant improvement allowance offered
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 | 14,400 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 1,800 SF | Gross Leasable Area | 14,400 SF |
| Property Type | Retail | Construction Status | Proposed |
| Total Space Available | 14,400 SF |
| Min. Divisible | 1,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 14,400 SF |
| Construction Status | Proposed |
ABOUT THE PROPERTY
Lot 2 is the newest construction proposed in the Prairie Village development and a prime opportunity in the thriving community of Tiffin, nestled within the Iowa City Metropolitan Area. Anchored by the trusted Fareway Grocery, Prairie Village enjoys a strategic location at the upcoming lighted intersection of N Kimberlite Street and Highway 6, in Spring/Summer 2024. This premiere site is strategically situated adjacent to the future northward trail extension. Lot 2 features two brand new 1,800 - 7,200 square feet buildings with warm vanilla box retail and office space, two end cap drive throughs and patio seating available on North/West endcaps. Landlord is offering a $30 PSF Tenant Improvement Allowance. Members of ownership group are licensed real estate agents in the State of Iowa.
- Corner Lot
- Freeway Visibility
- Signage
- Drive Thru
- Air Conditioning
Presented by
Lot 2 Prairie Village | Lot 2 Prairie Village
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