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702 N Cedar St
18,160 SF of Retail Space Available in Kalkaska, MI 49646
Highlights
- Prominent US-131/ M72 Frontage
- Renovated in 2021
- Zoning Allows for a Variety of Uses
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 18,160 SF | Negotiable | £6.26 /SF/PA £0.52 /SF/MO £67.38 /m²/PA £5.61 /m²/MO £113,674 /PA £9,473 /MO | Triple Net |
1st Floor
Great US-131 location in Village of Kalkaska near M-72 intersection. Retail area renovated in 2021. Regional Commercial zoning allows for a variety of uses including retail, restaurant, microbrewery, distillery, equipment rental, contractors, automotive, veterinary and multifamily. Allowed cannabis uses include dispensary, processing, transport and safety compliance. Large fenced yard area and plenty of power including 3 phase. Includes additional warehouse storage areas with four 14’ overhead doors. On 2.3 acres with 222’ of frontage. New composite roof on most of building in 2021. Tax and Insurance estimated at $1.04/SF/YR. Also available for purchase.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Professional Services Office
- Space is an outparcel at this property
- Space is in Excellent Condition
- Prominent US-131/ M72 Frontage
- Zoning Allows for a Variety of Uses
- Renovated in 2021
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 702 N Cedar St , Kalkaska, MI 49646
| Property Type | Retail | Gross Internal Area | 18,160 SF |
| Property Subtype | Freestanding | Year Built | 1976 |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 18,160 SF |
| Year Built | 1976 |
About the Property
Great US-131 location in Village of Kalkaska near M-72 intersection. Retail area renovated in 2021. Regional Commercial zoning allows for a variety of uses including retail, restaurant, microbrewery, distillery, equipment rental, contractors, automotive, veterinary and multifamily. Allowed cannabis uses include dispensary, processing, transport and safety compliance. Large fenced yard area and plenty of power including 3 phase. Includes additional warehouse storage areas with four 14’ overhead doors. On 2.3 acres with 222’ of frontage. New composite roof on most of building in 2021. Tax and Insurance estimated at $1.04/SF/YR. Also available for purchase.
Nearby Major Retailers
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702 N Cedar St
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