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Sherman Building 101 N Elm St
4,849 SF of Office Space Available in Denton, TX 76201
Highlights
- Rare opportunity to put your business in the heart of beautiful Downtown Denton
- Across the street from the beautiful Denton County Courthouse
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 4,849 SF | Negotiable | $25.51 CAD/SF/YR $2.13 CAD/SF/MO $274.64 CAD/m²/YR $22.89 CAD/m²/MO $10,310 CAD/MO $123,720 CAD/YR | Triple Net (NNN) |
2nd Floor
Move in ready Class A Office Space
- 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 broker 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 101 N Elm St , Denton, TX 76201
| Property Type | Retail | Gross Leasable Area | 9,614 SF |
| Property Subtype | Freestanding | Year Built | 1996 |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 9,614 SF |
| Year Built | 1996 |
About the Property
This beautiful two story building is well suited for office, retail and restaurant uses. The second floor is a move in ready office space that offers a mix of open work space and private offices and offers incredible views of the Downtown Square. The first floor, with its corner location and outdoor courtyard, it truly is one of the jewels of the Denton Square.
Nearby Major Retailers
Presented by
Sherman Building | 101 N Elm St
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