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Village Square 3451 Houghton Lake Dr
2,000 - 4,500 SF of Retail Space Available in Houghton Lake, MI 48629
Highlights
- Located in front of a 94,522 SF Shopping Center | Occupied by Tractor Supply Company, Harbor Freight, & Dunham's Sporting Goods.
- Positioned Among National Tenants Including, Walmart, Home Depot, O'Reilly Auto Parts, Dollar General, McDonald's, and Advance Auto Parts.
- Tremendous Exposure along M-55 with convenient access to US-127 & I-75
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 2,000-4,500 SF | 10-20 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable |
3451 Houghton Lake Dr - 1st Floor
- Space is an outparcel at this property
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 3451 Houghton Lake Dr , Houghton Lake, MI 48629
Min. Divisible | 2,000 SF | Frontage | Houghton Lake |
Center Type | Community Center | Gross Leasable Area | 122,615 SF |
Parking | 840 Spaces | Total Land Area | 12.01 AC |
Stores | 12 | Year Built | 1990 |
Center Properties | 2 |
Min. Divisible | 2,000 SF |
Center Type | Community Center |
Parking | 840 Spaces |
Stores | 12 |
Center Properties | 2 |
Frontage | Houghton Lake |
Gross Leasable Area | 122,615 SF |
Total Land Area | 12.01 AC |
Year Built | 1990 |
About the Property
Legacy Commercial Group is pleased to present an Outlot to a 94,500+ Square Foot Shopping Center in Houghton Lake, MI, occupied by Tractor Supply Company, Harbor Freight, & Dunham's Sporting Goods. The shopping center is located adjacent to Family Fare and across the street from Arby's and Little Caesars Pizza.
- Pylon Sign
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Village Square | 3451 Houghton Lake Dr
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