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Display Rental Rate as
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 2,800 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $3,267 /MO $39,200 /YR | Triple Net (NNN) |
Thank you for viewing this downtown office or retail space just off Park Central Square. This space is located on the first floor with a mostly open, creative space layout plus a conference room and additional support areas. The space has an attractive infill for office and is walking distance to many Downtown Springfield amenities. This space is approximately 2,800 SF and although previously office, could also be converted to retail space. This space is for lease for $14.00/SF NNN and is available now.
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.
Total Space Available | 2,800 SF | Gross Leasable Area | 17,334 SF |
Property Type | Retail | Year Built | 2008 |
Property Subtype | Storefront Retail/Residential |
Total Space Available | 2,800 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Residential |
Gross Leasable Area | 17,334 SF |
Year Built | 2008 |
This property is located on the corner of Park Central Square in Historic Downtown Springfield. Neighboring businesses include The Coffee Ethic, Nonna's Restaurant, Gaily's Breakfast Cafe, The Heers Building, Butler-Rosenbury Partners Architects, Meridian Title, ARLO Bank, Mudhouse Coffee, Hotel Vandivort, Wilhoit Plaza Lofts, many other local and national companies.
COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
---|---|---|---|---|
South Ave | W McDaniel St, S | 3,023 | 2022 | 0.02 mi |
Park Central Sq | W PkCentral West St, N | 3,399 | 2022 | 0.02 mi |
Park Central Sq | E PkCentral East St, N | 4,417 | 2022 | 0.04 mi |
W Park Central West St | PkCentral Sq, E | 2,425 | 2022 | 0.04 mi |
Park Central Sq | W PkCentral West St, S | 3,641 | 2022 | 0.06 mi |
21147 | E Walnut St, S | 5,328 | 2015 | 0.06 mi |
South Ave | E Walnut St, S | 4,249 | 2022 | 0.06 mi |
E Park Central East St | PkCentral Sq, W | 2,516 | 2022 | 0.06 mi |
19539 | S Patton Ave, E | 1,357 | 2015 | 0.07 mi |
W McDaniel St | S Patton Ave, E | 1,272 | 2022 | 0.07 mi |