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Otsego Commercial 104 S Martin Luther King Jr Dr
2,208 SF of Office/Retail Space Available in Jackson, MI 49201
Highlights
- Heavy Day Time Foot Traffic
- Downtown
- Directly Across from Consumer Energy Headquarters
- Large Storefront Windows
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,208 SF | 1-5 Years | $8.00 /SF/YR $0.67 /SF/MO $86.11 /m²/YR $7.18 /m²/MO $1,472 /MO $17,664 /YR | Modified Gross |
1st Floor
Perfect blank slate space for a retailer or office group looking for downtown access, great storefront windows, natural sunlight and plenty of foot traffic. Directly across the street from Consumers Energy Headquarters, and right in the heart of downtown.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Central Air and Heating
- Drop Ceilings
- Display Window
- Wheelchair Accessible
- Shell Space ready to build out.
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.
PROPERTY FACTS FOR 104 S Martin Luther King Jr Dr , Jackson, MI 49201
| Property Type | Retail | Year Built | 1902 |
| Property Subtype | Storefront Retail/Residential | Parking Ratio | 0.22/1,000 SF |
| Gross Leasable Area | 18,369 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 18,369 SF |
| Year Built | 1902 |
| Parking Ratio | 0.22/1,000 SF |
About the Property
Retail Storefront in the Heart of Downtown Jackson. Sidewalk and Street Traffic, Large Window Front for Retail Displays and Interior Sunlight.2,208sqft of total space, consisting of two units (104 and 106) which are, 1,169sqft and 1,039sqft respectively @ $8-$10 Per Sq-ft. Tenant Improvement budget available to improve the space for qualified tenants. (Flooring, Paint, Lights, Build-Outs) These units are a perfect blank slate for any business looking for a great place to call home, with excellent storefront windows and right in the heart beat of Jackson. Give us a call or send us an email today for more information. Phone: 1-800-835-1284 or Email: OtsegoSpace@gmail.com
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Mark Amboy - Otsego Commercial
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Otsego Commercial
Otsego Commercial | 104 S Martin Luther King Jr Dr
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