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First Perry Plaza 401-511 1st Ave
1,900 SF of Retail Space Available in Perry, IA 50220
Highlights
- Drive-up Parking
- High Visibility on Heavily Traveled Corridor
- Building Signage
- 30-Minute Drive Time to Des Moines Metro
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste 501 | 1,900 SF | Negotiable | £9.39 /SF/PA £0.78 /SF/MO £101.07 /m²/PA £8.42 /m²/MO £17,840 /PA £1,487 /MO | Triple Net |
401-509 1st Ave - 1st Floor - Ste 501
- Lease rate does not include utilities, property expenses or building services
- Open floor plan
- Multiple plumbing access points
- Floor-to-Ceiling Glass Windowline
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 401-511 1st Ave , Perry, IA 50220
| Centre Type | Neighborhood Center | Gross Leasable Area | 29,633 SF |
| Parking | 347 Spaces | Total Land Area | 7.00 AC |
| Stores | 9 | Year Built | 1976 |
| Centre Properties | 1 | Cross Streets | S. 1st. Ave. & Hwy. 144 S. |
| Frontage | South 1st Avenue |
| Centre Type | Neighborhood Center |
| Parking | 347 Spaces |
| Stores | 9 |
| Centre Properties | 1 |
| Frontage | South 1st Avenue |
| Gross Leasable Area | 29,633 SF |
| Total Land Area | 7.00 AC |
| Year Built | 1976 |
| Cross Streets | S. 1st. Ave. & Hwy. 144 S. |
About the Property
This retail center is conveniently located at the entrance of Perry, IA along Hwy 144 right off of Hwy 141. It lies right in front of Perry's largest park, Patte Park, which features three softball and four baseball fields, a sand volleyball court, the City Band Shell, a skateboard park, tennis courts, horseshoe pits, a playground, and the Perry Dog Park. This is an ideal location for retailers due to the traffic and visibility, which is why HyVee, Ace Hardware, Scooter's, Dollar Tree, Subway, and McDonald's have also selected this corridor. The center is anchored by Tractor Supply Plus is co-tenanted by Snap Fitness, Harper Rose's Floral & Gifts, Domino's Pizza, and Metro Buffet. The former outlot of this property is now a new Kwik Star location with a car wash.
- Air Conditioning
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
Presented by
First Perry Plaza | 401-511 1st Ave
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