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Montgomery Square Shopping Center 1326-1370 Indian Mound Dr
11,000 SF of Office Space Available in Mount Sterling, KY 40353
Highlights
- +/-11,000 SF office/retail space for lease
- Opportunity for ground lease on a +/-1 - 1.75 AC outparcel
- Monument signage position for maximum visibility
- Move-in ready office build-out; can be converted to retail
- Prime location within Montgomery Square, a +/-79,000 SF shopping center anchored by Big Lots
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 1338 | 11,000 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor, Ste 1338
Currently an office buildout, but could be converted to retail.
- Fully Built-Out as Standard Office
- Mostly Open Floor Plan Layout
- Fits 28 - 88 People
- 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 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.
SELECT TENANTS AT Montgomery Square Shopping Center
- Tenant
- Description
- US Locations
- Reach
- A Pius
- Rental Shop
- 1
- -
- Cognizant Aerospace
- Consumer Electronics
- 1
- -
- Data Dimensions
- Other Services
- 11
- National
- Dollar General
- Dollar/Variety/Thrift
- 23,381
- International
- Montgomery Square Beauty Shop
- Salon/Barber/Spa
- 1
- -
| Tenant | Description | US Locations | Reach |
| A Pius | Rental Shop | 1 | - |
| Cognizant Aerospace | Consumer Electronics | 1 | - |
| Data Dimensions | Other Services | 11 | National |
| Dollar General | Dollar/Variety/Thrift | 23,381 | International |
| Montgomery Square Beauty Shop | Salon/Barber/Spa | 1 | - |
PROPERTY FACTS FOR 1326-1370 Indian Mound Dr , Mount Sterling, KY 40353
| Property Type | Retail | Year Built | 1978 |
| Gross Internal Area | 74,010 SF | Parking Ratio | 7.16/1,000 SF |
| Total Land Area | 12.10 AC |
| Property Type | Retail |
| Gross Internal Area | 74,010 SF |
| Total Land Area | 12.10 AC |
| Year Built | 1978 |
| Parking Ratio | 7.16/1,000 SF |
About the Property
NAI Isaac is pleased to present a leasing opportunity in Montgomery Square in Mount Sterling. Mt. Sterling is located 28 miles east of Lexington, off Exit 110 on I-64. Mt. Sterling is home to manufacturing facilities totaling over 3,500 jobs. This location offers a big city and rural community advantages. Mt. Sterling offers a strong work force, moderate land and building prices, labor availability and low turnover rates making it ideal for your business.
Nearby Major Retailers
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Montgomery Square Shopping Center | 1326-1370 Indian Mound Dr
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