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The Grafton Center 12501-12601 Grafton Rd
1,200 - 7,700 SF of Retail Space Available in Carleton, MI 48117
Highlights
- Join the many tenants at one of the main Shopping Plaza in the city of Carlton.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 6,500 SF | 5-20 Years | $10.00 /SF/YR $0.83 /SF/MO $107.64 /m²/YR $8.97 /m²/MO $5,417 /MO $65,000 /YR | Triple Net (NNN) | ||
1st Floor | 1,200 SF | 3-10 Years | $14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $1,400 /MO $16,800 /YR | Triple Net (NNN) |
12501-12601 Grafton Rd - 1st Floor
Retail space opportunity in established shopping center.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
12501-12601 Grafton Rd - 1st Floor
Space updated to vanilla box condition. Ready mid summer 2018.
- Lease rate does not include utilities, property expenses or building services
- 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.
SELECT TENANTS AT The Grafton Center
- Bush's Super Market
- DO It Best Hardware
- Dollar Tree
PROPERTY FACTS FOR 12501-12601 Grafton Rd , Carleton, MI 48117
Center Type | Neighborhood Center | Gross Leasable Area | 91,600 SF |
Parking | 500 Spaces | Total Land Area | 9.07 AC |
Center Properties | 1 | Year Built | 1980 |
Frontage | Grafton Rd |
Center Type | Neighborhood Center |
Parking | 500 Spaces |
Center Properties | 1 |
Frontage | Grafton Rd |
Gross Leasable Area | 91,600 SF |
Total Land Area | 9.07 AC |
Year Built | 1980 |
About the Property
Great Shopping Plaza in the city of Carlton. Bush's Super Market has been doing business there for many years. Join Dollar Tree and Do It Best Hardware in this great community center. Hurry, three spaces left for your business to get inn. One space (6,500 SF) next to Dollar Tree, one space (3,500 SF) end cap and One space (1,200 SF) next to Chiropractic Clinic.
- Pylon Sign
- Signage
Learn More About Leasing Retail Properties
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The Grafton Center | 12501-12601 Grafton Rd
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