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Greendale Shopping Center 723-789 US Highway 31 N
1,154 - 7,534 SF of Retail Space Available in Greenwood, IN 46142
Highlights
- Excellent visibility from US 31 - Greenwood’s retail corridor
- Located at the south entrance to Greenwood Park Mall
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 745-C | 6,380 SF | 5-10 Years | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 789-J | 1,154 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
723-745 US Highway 31 N - 1st Floor - Ste 745-C
- Highly Desirable End Cap Space
789 Us-31 N - 1st Floor - Ste 789-J
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 723-789 US Highway 31 N , Greenwood, IN 46142
| Center Type | Neighborhood Center | Gross Leasable Area | 110,629 SF |
| Parking | 1,735 Spaces | Total Land Area | 21.95 AC |
| Stores | 9 | Year Built | 2000 |
| Center Properties | 3 | Cross Streets | Fry Rd |
| Frontage |
| Center Type | Neighborhood Center |
| Parking | 1,735 Spaces |
| Stores | 9 |
| Center Properties | 3 |
| Frontage | |
| Gross Leasable Area | 110,629 SF |
| Total Land Area | 21.95 AC |
| Year Built | 2000 |
| Cross Streets | Fry Rd |
About the Property
• 1,154 and 6,380 sf available • Located at the south entrance to Greenwood Park Mall • Excellent visibility from US 31 - Greenwood’s retail corridor • Top panel on pylon sign available • Join DSW and newly renovated Reis-Nichols Jewelers - Central Indiana’s only Rolex Official Jeweler
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
Nearby Major Retailers
Contacts
-
Keith Fried -
Paige Pettenaro -
Jason Fried -
Liz Morken -
McCrea Property Group, LLC
Presented by
Greendale Shopping Center | 723-789 US Highway 31 N
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