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242 W Caroline St
900 - 1,800 SF of Retail Space Available in Fenton, MI 48430
Highlights
- Located in prime downtown Fenton.
- Prime Redevelopment Site.
- Endless Possibilities for this build to suit space.
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 900-1,800 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
Build to suit space available! Exciting Redevelopment Opportunity in the Heart of Fenton, MI Discover a prime redevelopment site ideally situated within a short stroll from the bustling downtown Fenton. This unique property presents a remarkable chance to contribute to the vibrant local landscape by introducing a contemporary two-story structure, designed to seamlessly blend residential and retail functionalities. Property Highlights: Upstairs - Two One Bedroom Units for lease Lower Level - 1,700 SF Space. Location: Nestled in a coveted area, this site offers the rare blend of tranquility and accessibility, making it a perfect spot for businesses aiming to thrive in Fenton's dynamic environment. Conceptual Drawings - Not Approved by City
- Downtown Fenton
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 242 W Caroline St , Fenton, MI 48430
| Min. Divisible | 900 SF | Gross Internal Area | 1,800 SF |
| Property Type | Retail | Year Built | 1976 |
| Property Subtype | Storefront Retail/Office |
| Min. Divisible | 900 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Internal Area | 1,800 SF |
| Year Built | 1976 |
About the Property
Build to suit space availible! Exciting Redevelopment Opportunity in the Heart of Fenton, MI Discover a prime redevelopment site ideally situated within a short stroll from the bustling downtown Fenton. This unique property presents a remarkable chance to contribute to the vibrant local landscape by introducing a contemporary two-story structure, designed to seamlessly blend office and retail functionalities. Property Highlights: Location: Nestled in a coveted area, this site offers the rare blend of tranquility and accessibility, making it a perfect spot for businesses aiming to thrive in Fenton's dynamic environment. Lower Level - Over 1700 SF Second Level - Two Available - One Bedroom Apartments for Lease. Investment Highlights: Strategic Location: Proximity to downtown Fenton not only ensures high visibility and foot traffic but also positions your business within an area known for its growth and development. Versatile Space: The proposed two-story design caters to a diverse range of tenants, from startups and small businesses to established retail brands, maximizing rental income potential. Future Growth: Fenton is a community on the rise, with a growing population and expanding business sector. Investing in this redevelopment project positions you at the forefront of the city's evolution. Join us in shaping the future of Fenton, Michigan. This redevelopment opportunity is more than just an investment; it's a chance to be part of a thriving community and contribute to its vibrant growth. Contact us today to explore the possibilities. Conceptual Drawings - Not Approved by City
Nearby Major Retailers
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242 W Caroline St
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