1st Fl, Ste 1 1,645 SF 3 Yrs $22.50 /SF/YR $22.50 /SF/YR $242.19 /SM/YR $1.88 /SF/MO $20.18 /SM/MO $3,084 /MO $37,013 /YR Triple Net (NNN)
Lease rate does not include utilities, property expenses or building servicesFully Built Out as a Restaurant or Café SpaceHighly Desirable End Cap SpaceSpace is in Excellent Condition
1st Fl, Ste 2 1,503 SF 3 Yrs $22.50 /SF/YR $22.50 /SF/YR $242.19 /SM/YR $1.88 /SF/MO $20.18 /SM/MO $2,818 /MO $33,818 /YR Triple Net (NNN)
Lease rate does not include utilities, property expenses or building servicesPartially Built Out as a Restaurant or Café SpaceLocated in-line with other retail
SpaceSizeTermRateType
1st Fl, Ste 1 1,645 SF 3 Yrs $22.50 /SF/YR $22.50 /SF/YR $242.19 /SM/YR $1.88 /SF/MO $20.18 /SM/MO $3,084 /MO $37,013 /YR Triple Net (NNN)
1st Fl, Ste 2 1,503 SF 3 Yrs $22.50 /SF/YR $22.50 /SF/YR $242.19 /SM/YR $1.88 /SF/MO $20.18 /SM/MO $2,818 /MO $33,818 /YR Triple Net (NNN)

Lease rate does not include utilities, property expenses or building servicesFully Built Out as a Restaurant or Café SpaceHighly Desirable End Cap SpaceSpace is in Excellent Condition
Lease rate does not include utilities, property expenses or building servicesPartially Built Out as a Restaurant or Café SpaceLocated in-line with other retail

Double Net: Lessee pays for two of the building expenses; the landlord and lessee determine these.

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Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.

Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. Exact details must be confirmed for each lease.

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 Lessor (landlord) will pay the remaining expenses. For example: Plus Electric means the tenant pays rent plus their own electric expense, or Plus Janitorial means the tenant pays the rent plus their own janitorial expense. Both of these are types of Modified Gross Leases, which may vary from tenant to tenant.

Negotiable: Used when the leasing contact does not provide the service type.

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.

Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent.

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.

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.

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.

TBD: To be determined; used for buildings for which no services are known because the buildings are not yet built.

Tenant Electric: Lessor pays for all services and Lessee is responsible for their usage of lights and electrical outlets in the space they occupy.

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Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.