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Glenway Shopping Center 540 Clay Mathis Rd
1,912 SF of Retail Space Available in Mesquite, TX 75181
Highlights
- GREAT VISIBILITY
- High Traffic Counts
- Low competition
- First class retail center
- High growth area
- 2006 Construction
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor, Ste 150 | 1,912 SF | Negotiable | £14.22 /SF/PA £1.19 /SF/MO £153.06 /m²/PA £12.76 /m²/MO £27,189 /PA £2,266 /MO | Triple Net |
540 Clay Mathis Rd - 1st Floor - Ste 150
- Lease rate does not include utilities, property expenses or building services
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.
SELECT TENANTS AT Glenway Shopping Center
- Comfort Dental
- Country Burger
PROPERTY FACTS FOR 540 Clay Mathis Rd , Mesquite, TX 75181
Centre Type | Strip Center | Gross Leasable Area | 18,600 SF |
Stores | 1 | Total Land Area | 1.81 AC |
Centre Properties | 1 | Year Built | 2006 |
Frontage | 500 ft on Clay-Mathis |
Centre Type | Strip Center |
Stores | 1 |
Centre Properties | 1 |
Frontage | 500 ft on Clay-Mathis |
Gross Leasable Area | 18,600 SF |
Total Land Area | 1.81 AC |
Year Built | 2006 |
About the Property
Center opened late 2006, reddish brown brick exterior with stone accents. Store fronts are aluminum and glass covered by standing seam metal canopies. Buiding Depth( Bay Depth) is 62 feet. Great Visibility. Gateway location is at the northeast corner of Clay-Mathis and Newsom Rd., southeast of East Glen Blvd. Within a five mile radius there is a large population combined with a high median income and heavy traffics counts.
Presented by
SAS & Associates, Inc
Glenway Shopping Center | 540 Clay Mathis Rd
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