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Grace Cove Commons 257 Grace Cv
1,560 SF of Retail Space Available in Medina, TN 38355
Highlights
- End Cap with Drive Through Potential leasing Choose your Space
- End Cap and In Line spaces
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 101 | 1,560 SF | 10’ | 5 Years | $22.00 /SF/YR $1.83 /SF/MO $236.81 /m²/YR $19.73 /m²/MO $2,860 /MO $34,320 /YR | Triple Net (NNN) |
1st Floor, Ste 101
End Cap with Drive Through Ready for leasing Choose your Space. NEW Retail/Professional Office Space Available Fall 2024. Class A retail Space - 1,560 Sq. Ft. Suites up to 7,800 total Sq. Ft. - Located in Medina's Premier Retail corridor, Great Visibility in one of West Tennessee’s fastest growing Communities. Custom Build, great layout for Professional Office or retail space. Open space with high ceilings. Annual PSF Rate of $22.00 does not include $5.20.00 estimated for Triple Nets. Base monthly Rent $2,860 plus CAM $676.00 for Total estimated rent without utilities $3,536.00 per month. Developer to provide a vanilla box shell Allowance. End Cap space $22.00 psf NNN inline Space $20.00 psf NNN.
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air Conditioning
- Partitioned Offices
- Finished Ceilings: 10’
- Drive Thru
- Retail Strip Center with Drive Through Potential
- End Cap or inline space call for details.
- Food Giant, McDonalds, Dollar Tree and more.
- Great Visibility in one of West Tennessee’s fastes
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 257 Grace Cv , Medina, TN 38355
| Property Type | Retail | Year Built | 2024 |
| Property Subtype | Storefront Retail/Office | Construction Status | Under Construction |
| Gross Leasable Area | 7,800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 7,800 SF |
| Year Built | 2024 |
| Construction Status | Under Construction |
About the Property
New Construction Strip Center in Medina 1560 to 7800 square Feet.
- Restaurant
- Drive Thru
- Monument Signage
-
Chris Carothers -
Hickman Realty Group, Inc. Commercial Div.
Presented by
Grace Cove Commons | 257 Grace Cv
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