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Former Corey Bros. Bakery building 813 W Old Ridge Rd
5,632 - 7,874 SF of Industrial Space Available in Hobart, IN 46342
Highlights
- Open plan with exposed brick walls
- Former factory and Cabinet Shop
- East side of buiilding, 7500 sqft
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor | 5,632-7,874 SF | Negotiable | £4.73 /SF/PA £0.39 /SF/MO £50.96 /m²/PA £4.25 /m²/MO £37,276 /PA £3,106 /MO | Triple Net |
1st Floor
7,874 SF divisible to 5,632 SF.
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
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 813 W Old Ridge Rd , Hobart, IN 46342
| Min. Divisible | 5,632 SF | Gross Internal Area | 13,861 SF |
| Property Type | Retail | Year Built/Renovated | 1900/2020 |
| Property Subtype | Freestanding | Parking Ratio | 0.43/1,000 SF |
| Min. Divisible | 5,632 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 13,861 SF |
| Year Built/Renovated | 1900/2020 |
| Parking Ratio | 0.43/1,000 SF |
About the Property
First floor of East half of building. 7,500 sqft. Good for warehouse, distribution etc. Zoned B-3 with limited parking. Needs renovation. Additional office space on 2nd level available of about 2,000 sqft. Terms negotiable. Triple Net. A mostly open floor plan is a great option for businesses looking for a flexible and efficient workspace. It allows for easy collaboration between employees and departments, while also providing plenty of space for storage and equipment. Off street parking is a great bonus for businesses that need to accommodate customers or employees who drive to work. A 10' drive in door is also a great feature, allowing for easy loading and unloading of materials and equipment. ADA accessibility is also important, ensuring that all customers and employees can access the space safely and comfortably. Finally, B-3 zoning is an important factor to consider when selecting a space, as it will determine what types of businesses are allowed in the area.
- Pylon Sign
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Former Corey Bros. Bakery building | 813 W Old Ridge Rd
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