This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
1111 N Park Ave
1,896 SF of Retail Space Available in Alexandria, IN 46001
Highlights
- Well maintained and excellent visibility
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,896 SF | 1-10 Years | $8.50 /SF/YR $0.71 /SF/MO $91.49 /m²/YR $7.62 /m²/MO $1,343 /MO $16,116 /YR | Triple Net (NNN) |
1111 N Park Ave - 1st Floor
Great retail space
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air Conditioning
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 1111 N Park Ave, Alexandria, IN 46001
- Tenant
- Description
- US Locations
- Reach
- Farm Bureau
- Professional, Scientific, and Technical Services
- -
- -
- O'Reilly Auto Parts
- Automotive
- 22,107
- National
| Tenant | Description | US Locations | Reach |
| Farm Bureau | Professional, Scientific, and Technical Services | - | - |
| O'Reilly Auto Parts | Automotive | 22,107 | National |
PROPERTY FACTS FOR 1111 N Park Ave , Alexandria, IN 46001
| Center Type | Strip Center | Frontage | 179’ on Park Ave |
| Parking | 52 Spaces | Gross Leasable Area | 10,000 SF |
| Stores | 3 | Total Land Area | 1.06 AC |
| Center Properties | 1 |
| Center Type | Strip Center |
| Parking | 52 Spaces |
| Stores | 3 |
| Center Properties | 1 |
| Frontage | 179’ on Park Ave |
| Gross Leasable Area | 10,000 SF |
| Total Land Area | 1.06 AC |
About the Property
Located on major thoroughfare in Alexandria. Excellent visibility and access. Pylon signage available for added exposure.
- Air Conditioning
- Pylon Sign
- Tenant Controlled HVAC
-
Craig May -
Liz Godwin -
Providence Development LLC
Presented by
1111 N Park Ave
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.