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1855 Velp Ave
5,099 SF of Retail Space Available in Howard, WI 54303
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 5,099 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
The building of the convenience store recently had a fire so the inside would need repair, however the gas pumps and the car wash were not affected. The Gas station is 5,099 SF and has 8 pump stations, an 8,000 gallon underground storage tank, and a 15,000 gallon underground storage tank.
- Fully Built-Out as a Convenience Store
- Space is an outparcel at this property
- Space In Need of Renovation
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 1855 Velp Ave, Howard, WI 54303
- Tenant
- Description
- US Locations
- Reach
- Aqua Jet Car Wash, LLC
- Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Aqua Jet Car Wash, LLC | Services | - | - |
PROPERTY FACTS FOR 1855 Velp Ave , Howard, WI 54303
| Property Type | Retail | Total Land Area | 2.40 AC |
| Property Subtype | Convenience Store | Year Built | 1999 |
| Gross Leasable Area | 7,227 SF | Parking Ratio | 1.52/1,000 SF |
| Property Type | Retail |
| Property Subtype | Convenience Store |
| Gross Leasable Area | 7,227 SF |
| Total Land Area | 2.40 AC |
| Year Built | 1999 |
| Parking Ratio | 1.52/1,000 SF |
About the Property
Conveniently located right off Hwy 41 with approximately 282 ft of frontage on Velp Ave, this former convenience store, QSR, and car wash offers a variety of mix use opportunities for potential tenants. The convenience store was previously a Mobil gas station and Arby's that featured eight (8) pump stations and two (2) underground fuel storage tanks (8,000 gallon and 15,000 gallon). The car wash features a Mark VII system, Weil McLain water boiler and water heater, Porter Cable 175 PSI compressor and 208/120 400A 3-phase. The convenience store experienced fire damage that was contained to the interior of the building, however the pumps and car wash were unaffected. This parcel is also available for ground lease development, please contact broker for additional details.
-
Ben Witt -
Keller Williams Commercial
Presented by
1855 Velp Ave
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