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408-410 Hwy 466
2,000 - 4,000 SF of Space Available in The Villages, FL 32159
Highlights
- Great visibility with all units facing CR-466
- Close proximity to The Villages
- Easy ingress/egress with curb cut at CR-466 and Clay Avenue
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 408 | 2,000 SF | 3-10 Years | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $4,000 /MO $48,000 /YR | Triple Net (NNN) | ||
| 1st Floor, Ste 410 | 2,000 SF | 3-10 Years | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $4,000 /MO $48,000 /YR | Triple Net (NNN) |
1st Floor, Ste 408
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Can be combined with additional space(s) for up to 4,000 SF of adjacent space
1st Floor, Ste 410
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Can be combined with additional space(s) for up to 4,000 SF of adjacent space
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 408-410 Hwy 466 , The Villages, FL 32159
| Property Type | Retail | Year Built | 2020 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 5.5/1,000 SF |
| Gross Leasable Area | 10,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,000 SF |
| Year Built | 2020 |
| Parking Ratio | 5.5/1,000 SF |
About the Property
This 10,000 sf building divided into five 2,000 sf condo units (may be combined) for retail, medical, or professional office. Unit 406 and 412 have been leased and 414 is sold thus 2 contiguous units remaining. "Warm grey shell" space being offered For Lease at $24/sf, NNN (est. at $5/sf), with possibility of a Tenant Improvement Allowance to qualified tenants for minimum 5 year lease. This is an opportunity to custom build-out your interior space and be within 1 mile of The Villages. Frontage on CR-466 with all units facing the road and a median cut at Clay Avenue thus easy access from either direction. Traffic count of 16,200 (2023). Also, a new WaWa recently opened 1/3 of a mile to the east at the intersection of CR-466 and Hwy 27/441.
-
Mike Pederson -
Grizzard Commercial Real Estate Group, LLC
Presented by
408-410 Hwy 466
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