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15620 Detroit Ave
576 SF of Office/Retail Space Available in Lakewood, OH 44107
Highlights
- Over $1,000,000 in renovations & capital improvements
- Prime location in fast-growing city.
- New parking lot & New roof with complete tear off in 2019
- Located across from community parking lot offering 50 additional spaces for access convenience also street parking and private lot!
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 112 | 576 SF | 8’ - 9’ | 5-10 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $864.00 /MO $10,368 /YR | Triple Net (NNN) |
1st Floor, Ste 112
Last available space 576 Sq. Ft.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 8’ - 9’
- Central Air Conditioning
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.
SITE PLAN
PROPERTY FACTS FOR 15620 Detroit Ave , Lakewood, OH 44107
| Property Type | Retail | Year Built/Renovated | 1962/2010 |
| Property Subtype | Freestanding | Parking Ratio | 1.22/1,000 SF |
| Gross Leasable Area | 10,618 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 10,618 SF |
| Year Built/Renovated | 1962/2010 |
| Parking Ratio | 1.22/1,000 SF |
About the Property
15620 Detroit Avenue is a 10,618 square foot former spa and salon building situated near 50+ public parking lot in one of the fastest growing cities in Ohio. The building has been divided into several offices with common area restrooms. There is one 576 Sq. Ft office available. All the other spaces have been leased. The building has received numerous improvements including a new parking lot and a new roof with complete tear off in 2019. The interior of the building features beautifully polished, stained concrete floors among other improvements exceeding $1 million! 82' x 200' lot on signalized corner of Detroit Ave. and Summit Ave. offer street parking on both corners as well.
- Bus Line
- Corner Lot
- Security System
- Signalized Intersection
- Accent Lighting
- Air Conditioning
Nearby Major Retailers
-
Michael Burrington -
Howard Hanna Real Estate Services
Presented by
15620 Detroit Ave
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