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Corner Mall 1533 University Ave
2,500 SF of Retail Space Available in Oxford, MS 38655
Highlights
- Recently Renovated
- Open Plan
- Heavy Traffic
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 1533 | 2,500 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $62,500 /YR $5,208 /MO | Triple Net (NNN) |
1st Floor, Ste 1533
This newly renovated building offers 2,500 square feet of prime retail or office space, ideally located just off University Avenue in Oxford, MS. Positioned within walking distance to the vibrant Square, this property provides excellent visibility and convenience for both foot traffic and customers. Perfect for businesses looking to establish a strong presence in the heart of Oxford, this space combines modern amenities with a sought-after location, making it an exceptional opportunity for growth and success.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Central Air and Heating
- Private Restrooms
- Excellent Street Visibility
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 1533 University Ave , Oxford, MS 38655
Property Type | Retail | Year Built/Renovated | 1991/2023 |
Property Subtype | Retail | Parking Ratio | 3.7/1,000 SF |
Gross Leasable Area | 8,100 SF |
Property Type | Retail |
Property Subtype | Retail |
Gross Leasable Area | 8,100 SF |
Year Built/Renovated | 1991/2023 |
Parking Ratio | 3.7/1,000 SF |
About the Property
This newly renovated building offers 2,500 square feet of prime retail or office space, ideally located just off University Avenue in Oxford, MS. Positioned within walking distance to the vibrant Square, this property provides excellent visibility and convenience for both foot traffic and customers. Perfect for businesses looking to establish a strong presence in the heart of Oxford, this space combines modern amenities with a sought-after location, making it an exceptional opportunity for growth and success.
Nearby Major Retailers
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Corner Mall | 1533 University Ave
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