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Fern Ridge Center 88267 Territorial Hwy
3,400 SF of Retail Space Available in Veneta, OR 97487
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4A | 3,400 SF | 2-5 Years | $10.08 /SF/YR $0.84 /SF/MO $108.50 /m²/YR $9.04 /m²/MO $2,856 /MO $34,272 /YR | Plus All Utilities |
88267 Territorial Hwy - 1st Floor - Ste 4A
Approximately 3400 square foot space available at the Fern Ridge Center for $2,864 monthly plus utilities. Versatile retail or office use. Features: -A very large open main room with storefront windows and high quality commercial carpet -Large back room with laminate flooring and access to potential back entrance/exit -Back office or storage room through restroom -The space has its own restroom and is not connected to the shared mall area at the center -Heating and air-conditioning -Great sign potential -Ample parking, highway commercial zoning
- Listed lease rate plus proportional share of utilities
- Fully Built-Out as Standard Retail Space
- 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.
PROPERTY FACTS FOR 88267 Territorial Hwy , Veneta, OR 97487
| Center Type | Strip Center | Gross Leasable Area | 27,050 SF |
| Center Properties | 1 | Total Land Area | 4.50 AC |
| Frontage | 184’ on Territorial Rd | Year Built | 1945 |
| Center Type | Strip Center |
| Center Properties | 1 |
| Frontage | 184’ on Territorial Rd |
| Gross Leasable Area | 27,050 SF |
| Total Land Area | 4.50 AC |
| Year Built | 1945 |
About the Property
The Fern Ridge Center is located on the corner of Territorial Rd. and Highway 126. Veneta and surrounding areas are a close knit community where word travels fast and reputation can build quickly. Available through Kryl's Investments & Property Management, a local family owned and operated commercial real estate business with properties in Eugene, Springfield, and surrounding areas for the last 35 years. We currently have over 100 tenants in a variety of types of spaces including storefront retail, offices, shops, and storage units, both freestanding and in strip centers. Self-managing our properties allows us to offer more personal relationships with our tenants and more affordable rates than most. With goals quite different than those of an intermediary, we strive to provide upfront detailed and honest information so that tenants can be fit with the right spaces for their long term success. Unless there is a CAM charge or property taxes and insurance charge listed upfront, we do not have any separate common area maintenance, property taxes and insurance charge, or other hidden fees of any kind. Our listed rental rate is always the actual rental rate! Contact welcome by e-mail, call, or text. If interested, please have thoroughly read the details in this listing, asked any decisive questions, and stopped by the location to make sure it fits your needs before scheduling an appointment to view the space. Renee @ 5412557786. Thanks and look forward to hearing from you! -Security deposit equal to one monthly payment (including any flat rate utilities) -Flexible lease options (two year minimum term, standard 3% annual increases) -Application and proof of adequate funding required -No application fee
Learn More About Leasing Retail Properties
Presented by
Kryls Investment and Property Management
Fern Ridge Center | 88267 Territorial Hwy
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