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8850-8866 High Pointe Drive
1,985 SF of Retail Space Available in Newburgh, IN 47630
Highlights
- Great visibility & access
- Co-tenants include Azzip and Jersey Mike's
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
| Space | Size | Term | Rent | Service Type | ||
| 1st Floor, Ste Suite B | 1,985 SF | Negotiable | £12.59 /SF/PA £1.05 /SF/MO £24,990 /PA £2,082 /MO | Triple Net |
1st Floor, Ste Suite B
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Build to suit
- Great Visibility and access
- Co-Tenants include Azzip Pizza and Jersey Mike's
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.
SITE PLAN
PROPERTY FACTS FOR 8850-8866 High Pointe Drive , Newburgh, IN 47630
| Property Type | Retail | Gross Internal Area | 6,250 SF |
| Property Subtype | Freestanding | Year Built | 2023 |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Internal Area | 6,250 SF |
| Year Built | 2023 |
About the Property
SVN | The Martin Group is pleased to present for lease 8850 High Pointe Dr. located in Newburgh, IN. Newly built in 2023, this property is posited well between Walmart and the Warrick Wellness Trail. The property has highly popular co-tenants with Azzip Pizza and Jersey Mike's. This interior space would be perfect for general retail, retail office locations, medical, or anyone needing excellent visibility and easy access to the Newburgh community. Situated minutes from Evansville's East Side district, this proposed retail strip center in the growing Newburgh market provides an excellent opportunity for retail businesses. Located along the high growth corridor of High Pointe Drive which is an extension of the Warrick Wellness Trail this retail center offers great visibility and access.
Nearby Major Retailers
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8850-8866 High Pointe Drive
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