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Unique North-End Opportunity 2206 N 25th St
2,200 SF of Retail Space Available in Terre Haute, IN 47804
Highlights
- Heavy Trafficked Location
- Lots of Natural Light
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,200 SF | 3-5 Years | $14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $2,567 /MO $30,800 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Fits 6 - 18 People
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 2206 N 25th St , Terre Haute, IN 47804
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Restaurant | Parking Ratio | 10/1,000 SF |
| Gross Leasable Area | 2,200 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,200 SF |
| Year Built | 1970 |
| Parking Ratio | 10/1,000 SF |
About the Property
This unique restaurant space on the north end of Terre Haute is now available for lease.? Located in an area with limited dining options, this property offers a prime opportunity for someone to bring a fresh concept to the community.? The space features two large dining areas capable of seating 50 or more guests, providing ample room for a bustling eatery.? The full-size, functional kitchen is ready to support your culinary vision, while a small office area offers the perfect spot to manage the business side of operations.? Additionally, the property includes two conveniently located bathrooms to accommodate both staff and patrons.? While the space does need a little TLC to bring it to its full potential, it’s a blank canvas for a lessee ready to make it their own.? Whether you’re an experienced restaurateur or an aspiring business owner, this property offers an incredible opportunity to establish a restaurant in a growing part of town.? Contact us today for leasing details and start envisioning your dream restaurant in this unique space!
Nearby Major Retailers
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Presented by
412 Realty
Unique North-End Opportunity | 2206 N 25th St
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