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Display Rental Rate as
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 3,357 SF | Negotiable | $36.00 /SF/YR $3.00 /SF/MO $387.50 /m²/YR $32.29 /m²/MO $10,071 /MO $120,852 /YR | Triple Net (NNN) | ||
1st Floor | 2,348 SF | Negotiable | $30.00 /SF/YR $2.50 /SF/MO $322.92 /m²/YR $26.91 /m²/MO $5,870 /MO $70,440 /YR | Triple Net (NNN) |
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.
TENANT | DESCRIPTION | US LOCATIONS | REACH |
F The Bar | Retailer | - | - |
LV Plant Collective | Retailer | 1 | - |
Mike's Recovery | Retailer | 1 | - |
Mothership Coffee | Donut Shop | 1 | - |
The Noise Project | Retailer | 1 | - |
Tofu Tees | Retailer | - | - |
Total Space Available | 5,705 SF | Gross Leasable Area | 50,768 SF |
Property Type | Retail | Year Built | 1946 |
Property Subtype | Restaurant |
Total Space Available | 5,705 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 50,768 SF |
Year Built | 1946 |
LOGIC Commercial Real Estate is offering a lease opportunity at Fergusons Downtown, which is a city block rooted in the community, celebrating local music, art, and creators. Through the revitalization of the historic Fergusons Motel, they are cultivating a diverse and inviting community that fosters creativity and passion. From the shops of local makers to restaurants and enchanting green space, Fergusons is a place where the community can connect, shop, eat, drink, stay, work, gather and explore. The spaces include workshops, coffee lovers, shopaholics, tourists, vintage connoisseurs, conscious consumers, the next-door botanist to lovers of all things essential. There are two suites available at the subject property approximately ± 3,357 SF and ± 2,348 SF, located in the historic Fergusons Motel. The available spaces would be suitable for a variety of business types looking to be a part of this vibrant community.
COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
---|---|---|---|---|
Fremont St | N Maryland Pkwy, SE | 7,808 | 2022 | 0.06 mi |
E Ogden Ave | N Maryland Pkwy, SE | 1,555 | 2022 | 0.07 mi |
N Maryland Pkwy | E Ogden Ave, NE | 5,826 | 2022 | 0.08 mi |
E Ogden Ave | N 9th St, NW | 5,355 | 2018 | 0.11 mi |
S Maryland Pkwy | Carson Ave, SW | 5,596 | 2022 | 0.12 mi |
N 10th St | E Stewart Ave, NE | 793 | 2022 | 0.12 mi |
Fremont St | N 13th St, SE | 7,371 | 2022 | 0.13 mi |
N Maryland Pkwy | E Ogden Ave, SW | 5,042 | 2022 | 0.13 mi |
North Maryland Parkway | E Ogden Ave, SW | 15,388 | 2018 | 0.13 mi |
E Ogden Ave | N 13th St, SE | 3,734 | 2022 | 0.13 mi |