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1223 West Main 1223 W Main St
2,040 - 8,191 SF of Retail Space Available in Tupelo, MS 38801
Highlights
- The property is on West Main, a primary retail arterial street with ADT of 20,000 with close proximity to downtown Tupelo and Gloster St.
- Neighbors include O'Reilly's, Todd's Big Star Grocery, new BP fueling station and Main Street Deli and Market, Atmos Gas, and other retailers.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 2,040 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $161.46 /m²/YR $13.45 /m²/MO $2,550 /MO $30,600 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste B | 3,111-6,151 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $6,151 /MO $73,812 /YR | Triple Net (NNN) |
1st Floor, Ste A
Suite A is 2,040 SF space located on Front Left of building with offices and restroom.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
1st Floor, Ste B
Retail showroom with two sales areas 51' x 61' and 40' x76' and large second floor storage area with freight elevator.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 1223 W Main St , Tupelo, MS 38801
| Min. Divisible | 2,040 SF | Gross Leasable Area | 8,191 SF |
| Property Type | Retail | Year Built | 1982 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.59/1,000 SF |
| Min. Divisible | 2,040 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,191 SF |
| Year Built | 1982 |
| Parking Ratio | 1.59/1,000 SF |
About the Property
8,191 SF Retail building that can be subdivided. Spaces ranging from 2,040 SF to 6,151 SF. Space includes office suite, 51' x 61' and 40' x76' retail showroom, with additional second floor storage with freight elevator. Multiple Restrooms and 12 parking spaces in front of building. Located on West Main, a primary retail arterial street with ADT of 20,000. Close proximity to downtown Tupelo and Gloster Street. Neighbors include O'Reilly's, Todd's Big Star Grocery, new BP fueling station and Main Street Deli and Market, Atmos Gas, and other retail and business offices.
Nearby Major Retailers
-
Clay Short -
TRI Inc/Realtors
Presented by
1223 West Main | 1223 W Main St
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