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2350 Hastings Ave
961 - 4,407 SF of 4-Star Retail Space Available in Newport, MN 55055
Highlights
- In a mixed use building and attached to a 200 unit residential complex.
- Lots of natural light given that it's a newer build
- Built in 2020
- Customizable rentable square footage options
Space Availability (4)
Display Rent as
- Space
- Size
- Ceiling
- Term
- Rent
- Service Type
| Space | Size | Ceiling | Term | Rent | Service Type | |
| 1st Floor, Ste 001 | 961 SF | 10 ft - 12 ft | Negotiable | £12.62 /SF/PA £1.05 /SF/MO £135.88 /m²/PA £11.32 /m²/MO £12,132 /PA £1,011 /MO | Modified Gross | |
| 1st Floor, Ste 002 | 1,047 SF | - | Negotiable | £12.62 /SF/PA £1.05 /SF/MO £135.88 /m²/PA £11.32 /m²/MO £13,217 /PA £1,101 /MO | Modified Gross | |
| 1st Floor, Ste 003 | 1,069 SF | - | Negotiable | £12.62 /SF/PA £1.05 /SF/MO £135.88 /m²/PA £11.32 /m²/MO £13,495 /PA £1,125 /MO | Modified Gross | |
| 1st Floor, Ste 004 | 1,330 SF | - | Negotiable | £12.62 /SF/PA £1.05 /SF/MO £135.88 /m²/PA £11.32 /m²/MO £16,790 /PA £1,399 /MO | Modified Gross |
1st Floor, Ste 001
First Floor of 200 unit Multi-Family Property Southeast Corner of 494 & 10/61 Up to 4 spaces can be combined or demised Separate Entrances to Highly Visible space
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Professional Services Office
- Space is in Excellent Condition
- Can be combined with additional space(s) for up to 4,407 SF of adjacent space
- Corner Space
- Plug & Play
- Finished Ceilings: 10 ft - 12 ft
- Display Window
- First Floor Corner Units- Abundant Natural Light
1st Floor, Ste 002
- Listed rate may not include certain utilities, building services and property expenses
- Can be combined with additional space(s) for up to 4,407 SF of adjacent space
1st Floor, Ste 003
- Listed rate may not include certain utilities, building services and property expenses
- Can be combined with additional space(s) for up to 4,407 SF of adjacent space
1st Floor, Ste 004
- Listed rate may not include certain utilities, building services and property expenses
- Can be combined with additional space(s) for up to 4,407 SF of adjacent 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 2350 Hastings Ave , Newport, MN 55055
| Property Type | Retail | Year Built | 2020 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 4.19/1,000 SF |
| Gross Internal Area | 5,012 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 5,012 SF |
| Year Built | 2020 |
| Parking Ratio | 4.19/1,000 SF |
About the Property
Never-before-used spaces available, conveniently located near Interstate 494 and Highway 10. Quick turnaround options and flexible lease agreements tailored to meet specific business needs.
- Air Conditioning
- Smoke Detector
-
Dale Severson -
Christine Quintanilla -
Keller Williams Preferred Realty
Presented by
2350 Hastings Ave
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