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University Plaza 152-176 Cherry St
633 - 21,521 SF of Retail Space Available in Kent, OH 44240
Highlights
- Frontage on S. Water & Cherry Street with over 17K VPD
- Combination of national and local retailers
- Proximity to Kent State: 40K enrolled
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1B | 18,018 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) | ||
| 1st Floor, Ste 2 | 633 SF | Negotiable | $13.50 /SF/YR $1.13 /SF/MO $8,546 /YR $712.13 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 3 | 1,230 SF | Negotiable | $10.00 /SF/YR $0.83 /SF/MO $12,300 /YR $1,025 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 5 | 1,640 SF | Negotiable | $9.50 /SF/YR $0.79 /SF/MO $15,580 /YR $1,298 /MO | Triple Net (NNN) |
140-176 Cherry St - 1st Floor - Ste 1B
Former Save-A-Lot with docks
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- 2 Loading Docks
140-176 Cherry St - 1st Floor - Ste 2
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Central Air and Heating
140-176 Cherry St - 1st Floor - Ste 3
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
140-176 Cherry St - 1st Floor - Ste 5
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Highly Desirable End Cap Space
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 University Plaza
- China City
- Dollar General
- Kent Plaza Theater
- Planet Fitness
PROPERTY FACTS FOR 152-176 Cherry St , Kent, OH 44240
| Center Type | Neighborhood Center | Gross Leasable Area | 135,379 SF |
| Parking | 679 Spaces | Total Land Area | 16.17 AC |
| Stores | 23 | Year Built | 1956 |
| Center Properties | 2 | Cross Streets | S Water St |
| Frontage |
| Center Type | Neighborhood Center |
| Parking | 679 Spaces |
| Stores | 23 |
| Center Properties | 2 |
| Frontage | |
| Gross Leasable Area | 135,379 SF |
| Total Land Area | 16.17 AC |
| Year Built | 1956 |
| Cross Streets | S Water St |
About the Property
Anchored by the Plaza Theater and Planet Fitness on the S. Water Street Retail Corridor.
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
Spigel Properties
University Plaza | 152-176 Cherry St
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