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North Towne Commons 821 W Alexis Rd
13,000 - 43,925 SF of Retail Space Available in Toledo, OH 43612
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 827-A | 13,000 SF | 3 Years | $12.00 /SF/YR $1.00 /SF/MO $156,000 /YR $13,000 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 829 | 30,925 SF | 3 Years | $8.50 /SF/YR $0.71 /SF/MO $262,863 /YR $21,905 /MO | Triple Net (NNN) |
817-849 W Alexis Rd - 1st Floor - Ste 827-A
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
817-849 W Alexis Rd - 1st Floor - Ste 829
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
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.
SITE PLAN
PROPERTY FACTS FOR 821 W Alexis Rd , Toledo, OH 43612
| Center Type | Power Center | Gross Leasable Area | 430,533 SF |
| Parking | 2,698 Spaces | Total Land Area | 37.06 AC |
| Stores | 9 | Year Built | 1989 |
| Center Properties | 8 | Cross Streets | Lewis ave |
| Frontage |
| Center Type | Power Center |
| Parking | 2,698 Spaces |
| Stores | 9 |
| Center Properties | 8 |
| Frontage | |
| Gross Leasable Area | 430,533 SF |
| Total Land Area | 37.06 AC |
| Year Built | 1989 |
| Cross Streets | Lewis ave |
About the Property
Super Regional Shopping Center anchored by Kroger, Target (remodeled in 2021) and Office Max. Numerous national in-line tenants including Aaron's, Shoe Show Mega Store, Penn Station, Game Stop and Mattress Firm Super Center. Rare opportunity to lease space within the shopping center due to high occupancy. Professionally maintained shopping center. Primary access point benefits from a traffic signal. North Towne Commons is part of a 400,000 SF retail development at the Southeast corner of Alexis Rd. and Lewis Ave. in Toledo, OH. The trade area serves residents of North and West Toledo as well as the communities of Southeastern Michigan. Large employers in the area include numerous light industrial and manufacturing facilities. Notable employers include GM Powertrain Toledo Transmission Operations and Chrysler Toledo Assembly Plant.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Learn More About Leasing Retail Properties
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North Towne Commons | 821 W Alexis Rd
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