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1501 Vernon Odom Blvd
16,861 SF of Retail Space Available in Akron, OH 44320
Highlights
- Excellent Accessibility and Exposure
- Full Service Auto Dealership - Equipment Leased Separately
- 250+ Surface Parking Spaces
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 16,861 SF | Negotiable | $20.25 /SF/YR $1.69 /SF/MO $341,435 /YR $28,453 /MO | Triple Net (NNN) |
1st Floor
RARE opportunity to lease a full service auto dealership right off the I-77 intersection in Akron, Ohio. The 16,861 SF building features a fully air conditioned 6,861 SF office/showroom with upgraded LED lighting, an impressive amount of natural window light and 2 ADA accessible restrooms. The office / showroom contains 5 offices, 2 waiting areas, a children’s play area and 2 ADA accessible restrooms. The remaining 9,891 SF is an auto maintenance/body shop with clear heights ranging from 17’ - 20’. The shop features 7 vehicle lifts/frame racks and 6 drive-in doors. There is mezzanine storage space in the shop area not included in the 16,861 SF. Numerous updates and renovations include the addition of a paint booth room, a paint mixing room, a new ramp, and an air compressor system.
- Lease rate does not include utilities, property expenses or building services
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 1501 Vernon Odom Blvd , Akron, OH 44320
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Auto Dealership | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 40,000 SF |
| Property Type | Retail |
| Property Subtype | Auto Dealership |
| Gross Leasable Area | 40,000 SF |
| Year Built | 1988 |
| Parking Ratio | 10/1,000 SF |
About the Property
RARE opportunity to lease a full service auto dealership right off the I-77 intersection in Akron, Ohio. The 16,861 SF building features a fully air conditioned 6,861 SF office/showroom with upgraded LED lighting, an impressive amount of natural window light and 2 ADA accessible restrooms. The office / showroom contains 5 offices, 2 waiting areas, a children’s play area and 2 ADA accessible restrooms. The remaining 9,891 SF is an auto maintenance/body shop with clear heights ranging from 17’ - 20’. The shop features 7 vehicle lifts/frame racks and 6 drive-in doors. There is mezzanine storage space in the shop area not included in the 16,861 SF. Numerous updates and renovations include the addition of a paint booth room, a paint mixing room, a new ramp, and an air compressor system.
- Freeway Visibility
- Signage
- Signalized Intersection
Nearby Major Retailers
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1501 Vernon Odom Blvd
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