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Westridge Outlot 10203 University
6,000 SF of Retail Space Available in Clive, IA 50325
Highlights
- Proposed 6,000 SF building available 2022
- Market lease rate
- One or multiple tenants
- Excellent visibility & accessibility
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 6,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Anchor tenants include Kohl’s, Fareway Foods, Burlington, David’s Bridal, Half Price Books, Johnson Fitness & Wellness, FedEx Kinko’s, and Starbucks.
- Space is an outparcel at this property
- Space is in Excellent Condition
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 10203 University , Clive, IA 50325
Property Type | Retail | Construction Status | Proposed |
Gross Internal Area | 6,000 SF |
Property Type | Retail |
Gross Internal Area | 6,000 SF |
Construction Status | Proposed |
About the Property
Westridge Shopping Center is an approximately 198,000 square foot Community Shopping Center anchored by Kohl’s Department Store, Burlington, David’s Bridal, Fareway, Half Price Books, Starbucks and FedEx Kinko’s. The center is strategically located in one of the most affluent retail markets in the State of Iowa, at the heart of approximately 2.5 million square feet of strong national, regional and local retailers including Valley West Regional Mall, anchored by Von Maur and JCPenney department stores. Other national retailers located adjacent to Westridge include Whole Foods, Best Buy, Buy Buy Baby, Marshalls, Ross Stores, Home Depot, Ulta, Office Depot, and others.
Nearby Major Retailers
Presented by
Westridge Outlot | 10203 University
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