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1301-1309 Memorial Dr
1,500 SF of Retail Space Available in Watertown, WI 53098
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 1303 | 1,500 SF | 10’ | 3-5 Years | $16.25 /SF/YR $1.35 /SF/MO $24,375 /YR $2,031 /MO | Triple Net (NNN) |
1st Floor, Ste 1303
FANTASTIC OPPORTUNITY available within a quality plaza off frontage road & Hwy 16 Bypass, for an anchor tenant/business in the near future. Build out for restaurant in place but perfect for retail, office or professional services. Great exposure and accessibility at this corner suite so check it out b4 it is too late. One look and you will be hooked at what it has to offer. Call for a private showing or to answer any questions since existing tenant has a few months remaining on their lease. Lots of natural light with windows on west & north side of suite and open concept so comparatively easy to renovate to your type of use. Located on Memorial Drive with lots of traffic due to the Piggly Wiggly and a popular restaurant across the street, many professional office businesses one block away on Hospital Drive and two blocks from the Watertown Regional Hospital, which is the largest employer for this city of 24,000 residents. Large corner signage currently in place on three sides along with an attractive multi-tenant sign on northwest end of property. Call Ken at 920-988-3249 for a showing at your convenience and see if this is where you want to be. Popular adjoining tenants within plaza to compliment your business venture.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Space is in Excellent Condition
- Central Air and Heating
- Kitchen
- Private Restrooms
- Freezer Space
- Security System
- Corner Space
- High Ceilings
- Automatic Blinds
- Finished Ceilings: 10’
- DDA Compliant
- Display Window
- Smoke Detector
- NO BETTER DEAL & NO BETTER TIME!
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 1301-1309 Memorial Dr , Watertown, WI 53098
| Property Type | Retail | Year Built | 2004 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 4.26/1,000 SF |
| Gross Leasable Area | 6,400 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,400 SF |
| Year Built | 2004 |
| Parking Ratio | 4.26/1,000 SF |
Features and Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
Presented by
1301-1309 Memorial Dr
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