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24265 Lorain Rd
3,089 SF of Retail Space Available in North Olmsted, OH 44070
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 3,089 SF | Negotiable | Upon Application Upon Application Upon Application Upon Application Upon Application Upon Application | TBD |
1st Floor
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 24265 Lorain Rd , North Olmsted, OH 44070
| Property Type | Retail | Gross Internal Area | 3,089 SF |
| Property Subtype | Auto Repair | Year Built | 1957 |
| Property Type | Retail |
| Property Subtype | Auto Repair |
| Gross Internal Area | 3,089 SF |
| Year Built | 1957 |
About the Property
3Automotive Shop for Rent in Prime North Olmsted Location Seize the opportunity to lease this spacious 3,089 SF auto body shop in the thriving area of North Olmsted, Ohio. This property, currently functioning as an auto repair restoration shop, can be continued as is or transformed for a new venture.This well-equipped facility includes a modern spray/paint room and a reliable air compressor system, making it ideal for any automotive business. You also have the option to retain the existing business name, license, and phone number, ensuring a smooth transition. Situated among numerous car dealerships and surrounded by the bustling Great Northern Mall and Great Northern Plaza, this location offers excellent visibility and access to a steady flow of potential customers. The area is also supported by various hotels, office buildings, and apartment complexes, enhancing your customer base. North Olmsted features a strong demographic profile, with average incomes ranging from $85,000 to $102,000 within a five-mile radius, providing a solid foundation for a successful auto body shop. Don’t miss your chance to rent this prime automotive space in a vibrant community. Contact us today to learn more about this exceptional leasing opportunity!
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24265 Lorain Rd
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