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2227-2229 W 21st St

3,100 SF of Retail Space Available in Lorain, OH 44052

Space Availability (1)

Display Rent as

  • Space
  • Size
  • Term
  • Rent
  • Service Type
  • 1st Floor, Ste 2227
  • 3,100 SF
  • 1-5 Years
  • £6.26 /SF/PA £0.52 /SF/MO £67.38 /m²/PA £5.61 /m²/MO £19,405 /PA £1,617 /MO
  • Triple Net
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Great spacefor a small business. Comes with 2 bays great for mechanic or detailed type business or even storage for machinery etc. Renovated office/retail space with finished bathroom w shower. Location is connected to a small restaurant space with active kitchen that is also available. Heavy traffic of 7,500-8,500 vehicles per day runs in front 21st close to corner of 58th(City traffic survey) minutes from main shopping area

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Central Heating System
  • Private Restrooms
  • Shower Facilities
  • Wooden Floors
  • Display Window
  • 7.500-8,500 Vehicles per day (VPD) run on 21sr
Space Size Term Rent Service Type
1st Floor, Ste 2227 3,100 SF 1-5 Years £6.26 /SF/PA £0.52 /SF/MO £67.38 /m²/PA £5.61 /m²/MO £19,405 /PA £1,617 /MO Triple Net

1st Floor, Ste 2227

Size
3,100 SF
Term
1-5 Years
Rent
£6.26 /SF/PA £0.52 /SF/MO £67.38 /m²/PA £5.61 /m²/MO £19,405 /PA £1,617 /MO
Service Type
Triple Net
Space Use
Retail
Condition
Partial Build-Out
Availability
Now

Great spacefor a small business. Comes with 2 bays great for mechanic or detailed type business or even storage for machinery etc. Renovated office/retail space with finished bathroom w shower. Location is connected to a small restaurant space with active kitchen that is also available. Heavy traffic of 7,500-8,500 vehicles per day runs in front 21st close to corner of 58th(City traffic survey) minutes from main shopping area

  • Lease rate does not include utilities, property expenses or building services
  • Partially Built-Out as Standard Retail Space
  • Central Heating System
  • Private Restrooms
  • Shower Facilities
  • Wooden Floors
  • Display Window
  • 7.500-8,500 Vehicles per day (VPD) run on 21sr

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 2227-2229 W 21st St , Lorain, OH 44052

Property Type Retail
Property Subtype Restaurant
Gross Internal Area 4,600 SF
Year Built/Renovated 1956/2024
Parking Ratio 2.17/1,000 SF

About the Property

Newly renovated

  • Signage
  • Listing ID: 33063552

  • Date on Market: 05/09/2024

  • Last Updated:

  • Address: 2227-2229 W 21st St, Lorain, OH 44052

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