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Unique Flex Space in a Historic Building 101 W College St
5,505 SF of Retail Space Available in Bono, AR 72416
Highlights
- Sits at one of the main intersections of Bono's Business District.
- Open Floor Plan
- Sprinkler System
- New Roof
- Historic Building
- Unique Opportunity as a Flex Space
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 5,505 SF | Negotiable | £3.77 /SF/PA £0.31 /SF/MO £40.53 /m²/PA £3.38 /m²/MO £20,727 /PA £1,727 /MO | Modified Gross |
1st Floor
Term subject to lease. Rent is out to $2,200/mo. Tenant responsible for all buildout, TI's, utilities, and simple maintenance (subject to lease).
- Listed rate may not include certain utilities, building services and property expenses
- Private Restrooms
- Exposed Ceiling
- Historic Building
- At a main intersection of Bono's Business District
- New Roof
- Open Floor Plan
- Sprinkler System
- Unique Opportunity | Flex Space
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 agent 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 101 W College St , Bono, AR 72416
| Property Type | Retail | Gross Internal Area | 5,505 SF |
| Property Subtype | Restaurant | Year Built/Renovated | 1911/2022 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Internal Area | 5,505 SF |
| Year Built/Renovated | 1911/2022 |
About the Property
Introducing an exceptional investment opportunity - 101 W College St! This historic 5,505 SF building boasts a sought-after location at a prime intersection in the heart of the Bono. It offers a blank canvas full of large, open spaces to let your investment come to life. 101 W College St provides the perfect space for a variety of businesses, from a boutique to a trendy cafe or restaurant, a small grocery store, or a professional office. The open layout allows for versatile usage, ensuring maximum flexibility for potential tenants or owners. With excellent visibility, the property offers an enticing opportunity for investors looking to expand their portfolio in a thriving market. This property is also the perfect lease opportunity. Don't miss your chance with this piece of prime real estate. Seize this opportunity to elevate your business and investment portfolio to new heights!
- Corner Lot
-
Taylor Wilson -
Landon Wilson -
Jerry L Halsey, Jr. -
Halsey Thrasher Harpole Real Estate Group
Presented by
Unique Flex Space in a Historic Building | 101 W College St
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