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116th Street Centre 890 E 116th St
2,235 SF of Retail Space Available in Carmel, IN 46032
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 2,235 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
890 E 116th St - 2nd Floor
Space is a salon right now.
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 890 E 116th St , Carmel, IN 46032
| Center Type | Neighborhood Center | Gross Leasable Area | 94,231 SF |
| Parking | 190 Spaces | Total Land Area | 10.54 AC |
| Center Properties | 5 | Year Built | 2006 |
| Frontage | Cross Streets | Guilford Rd |
| Center Type | Neighborhood Center |
| Parking | 190 Spaces |
| Center Properties | 5 |
| Frontage | |
| Gross Leasable Area | 94,231 SF |
| Total Land Area | 10.54 AC |
| Year Built | 2006 |
| Cross Streets | Guilford Rd |
About the Property
• 2nd floor former salon available - 2,235 sf • An upscale mixed use development located on 116th Street between College Avenue and Guilford Avenue. • Strong daytime population • Close to Clarian North Hospital and St. Vincent Heart Hospital • 4.2 million square feet of office use within 1.5 miles
Nearby Major Retailers
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Power Broker Keith Fried -
Jason Fried -
Rachel Fried -
McCrea Property Group, LLC
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116th Street Centre | 890 E 116th St
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