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Prince Royal Plaza 112-295 Prince Royal Dr
1,000 - 12,270 SF of Retail Space Available in Berea, KY 40403
Highlights
- Prince Royal Plaza shipping center offers a convenient central location allowing it to serve the city of Berea as well as its expanded retail area
- ± 200on site parking spaces
- Located at 120 Prince Royal Drive , off US 21 near I-75
- Zoned commercial; ideal for retail and office users
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,000-4,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
1st Floor, Ste 114 | 7,770 SF | Negotiable | $6.00 /SF/YR $0.50 /SF/MO $46,620 /YR $3,885 /MO | Modified Gross |
120-122 Prince Royal Dr - 1st Floor
Land available divide to suit. Build to suit or ground lease.
- Space is an outparcel at this property
- Space In Need of Renovation
- Central Air Conditioning
- Commercial Zoning
- Excellent visibility
- Near I-75
120-122 Prince Royal Dr - 1st Floor - Ste 114
- Listed rate may not include certain utilities, building services and property expenses
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
SELECT TENANTS AT Prince Royal Plaza
- Tenant
- Description
- US Locations
- Reach
- Berea Walk In Clinic
- -
- -
- -
- Goodwill
- Dollar/Variety/Thrift
- 6,141
- International
- Great Clips
- Salon/Barber/Spa
- 6,199
- International
- Hong Kong Chinese Restaurant
- Restaurant
- 1
- Local
- Save The Children Federation
- Health Care
- 1
- -
- Shawn's Flea Market
- -
- 1
- Local
Tenant | Description | US Locations | Reach |
Berea Walk In Clinic | - | - | - |
Goodwill | Dollar/Variety/Thrift | 6,141 | International |
Great Clips | Salon/Barber/Spa | 6,199 | International |
Hong Kong Chinese Restaurant | Restaurant | 1 | Local |
Save The Children Federation | Health Care | 1 | - |
Shawn's Flea Market | - | 1 | Local |
PROPERTY FACTS FOR 112-295 Prince Royal Dr , Berea, KY 40403
Min. Divisible | 1,000 SF | Gross Leasable Area | 67,163 SF |
Center Type | Neighborhood Center | Total Land Area | 11.75 AC |
Parking | 200 Spaces | Year Built | 1977 |
Stores | 12 | Cross Streets | Prince Royal Dr. & Hwy. 21 |
Center Properties | 2 |
Min. Divisible | 1,000 SF |
Center Type | Neighborhood Center |
Parking | 200 Spaces |
Stores | 12 |
Center Properties | 2 |
Gross Leasable Area | 67,163 SF |
Total Land Area | 11.75 AC |
Year Built | 1977 |
Cross Streets | Prince Royal Dr. & Hwy. 21 |
About the Property
Prince Royal Plaza is a 40,506 sf neighborhood center anchored by Goodwill. Located on Prince Royal Dr with an average daily traffic count of 8,235 ('18).The shopping center has ample parking and excellent visibility. Prince Royal Plaza shipping center offers a convenient central location allowing it to serve the city of Berea as well as its expanded retail area. Prince Royal Plaza has easy access to to downtown Berea, and Interstates I-75
Nearby Major Retailers
Presented by
Prince Royal Plaza | 112-295 Prince Royal Dr
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