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Southland Plaza 1118-2584 S Main St
1,900 - 32,817 SF of Space Available in Adrian, MI 49221
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 11,800 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $165,200 /YR $13,767 /MO | Triple Net (NNN) | ||
| 1st Floor | 1,900 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $28,500 /YR $2,375 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2580 | 9,500-19,117 SF | 5 Years | $10.00 /SF/YR $0.83 /SF/MO $191,170 /YR $15,931 /MO | Triple Net (NNN) |
1200 S Main St - 1st Floor
Closing Rite Aid. Center is on the main retail strip in Adrian.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Specialty Space
- Highly Desirable End Cap Space
- Corner Space
- Drive Thru
- End Cap with drive thru. Can be divided.
1200 S Main St - 1st Floor
Located in the middle of main retail area of Adrian, MI.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Financial Services Office
- Located in-line with other retail
2576-2584 S Main St - 1st Floor - Ste 2580
Wide open with back room storage. Truck dock.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Central Air and Heating
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 Southland Plaza
- Jo-Ann Fabrics and Crafts
PROPERTY FACTS FOR 1118-2584 S Main St , Adrian, MI 49221
| Min. Divisible | 1,900 SF | Frontage | 566’ on Main St |
| Center Type | Neighborhood Center | Gross Leasable Area | 73,853 SF |
| Parking | 495 Spaces | Total Land Area | 16.79 AC |
| Stores | 8 | Year Built | 1955 |
| Center Properties | 3 |
| Min. Divisible | 1,900 SF |
| Center Type | Neighborhood Center |
| Parking | 495 Spaces |
| Stores | 8 |
| Center Properties | 3 |
| Frontage | 566’ on Main St |
| Gross Leasable Area | 73,853 SF |
| Total Land Area | 16.79 AC |
| Year Built | 1955 |
About the Property
Anchors: JoAnn Fabrics,Advance Auto, Dollar General Great location on main retail drag.
- Pylon Sign
Nearby Major Retailers
Presented by
Southland Plaza | 1118-2584 S Main St
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