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M&I Bank 1381 Rinehart Rd
5,120 SF of Retail Space Available in Sanford, FL 32771
Highlights
- ±5,301 SF freestanding building with drive-thru
- Fronting Rinehart Road with 21,400 AADT
- Located on Kohl’s shadow anchored outparcel
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 5,120 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
- Fully Built-Out as a Bank
- Central Air Conditioning
- Drive Thru
- Freestanding retail offering with a drive-thru.
- High visibility: passed by 37,900 daily drivers.
- Retail synergy: Best Buy, Target, and Kohl's.
- Previously used as a bank.
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 1381 Rinehart Rd , Sanford, FL 32771
| Property Type | Retail | Total Land Area | 1.17 AC |
| Property Subtype | Bank | Year Built | 2008 |
| Gross Internal Area | 5,120 SF | Parking Ratio | 5.95/1,000 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Internal Area | 5,120 SF |
| Total Land Area | 1.17 AC |
| Year Built | 2008 |
| Parking Ratio | 5.95/1,000 SF |
About the Property
• ±5,301 SF freestanding building with drive-thru • Located on Kohl’s shadow anchored outparcel • Fronting Rinehart Road with 21,400 AADT • Regional trade area • Cross access with Kohl’s • Just off SR 417 with 41,800 AADT • Located less than 1 mile from Seminole Towne Cener, a 1 million SF super regional mall and the retail corridor of Sanford, Florida • 33,500 cars per day on W State Road 46 • Nearby retailers include: Kohl's, Sam's Club, Best Buy, Target, Ross, Marshalls, Walmart
- Freeway Visibility
- Pylon Sign
- Signage
- Drive Thru
Nearby Major Retailers
-
Vanesa Rodriguez -
Power Broker Daniel Solomon -
Katz & Associates
Presented by
M&I Bank | 1381 Rinehart Rd
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