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106 W Oklahoma Ave
7,000 SF of Retail Space Available in Guthrie, OK 73044
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,000 SF | Negotiable | $16.88 CAD/SF/YR $1.41 CAD/SF/MO $181.66 CAD/m²/YR $15.14 CAD/m²/MO $9,845 CAD/MO $118,138 CAD/YR | Triple Net (NNN) |
1st Floor
TREG Realtors/LIME Realty is pleased to offer the historic Triumph Building in the heart of downtown Guthrie for sale or lease,. The property was built shortly after the Oklahoma Landrun in 1899 before statehood. Before the owners decided to retire, the first floor served as home to the popular Hunan Palace restaurant for over 25 years, was then purchased and housed as a medical marijuan dispensary and remains in excellent condition. Recently remodeled, new bathrooms, flooring, HVAC and much more making this a turn-key restaurant opportunity. The second floor has been vacant and is perfect for converting into office or residential use. This is a rare opportunity to own or lease a part of history. Located in downtown Guthrie This can also be leased out at $8/SF NNN.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air and Heating
- Partitioned Offices
- Kitchen
- Private Restrooms
- Security System
- High Ceilings
- Recessed Lighting
- Hardwood Floors
- Display Window
- Professional Lease
- Smoke Detector
- High Traffic in Historic Downtown Gutherie, OK
- Remodeled (New floors, bathrooms, HVAC etc..)
- Restaurant Equipment
- 2 Story
- Dislay Case in front
- Office space
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 106 W Oklahoma Ave , Guthrie, OK 73044
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Restaurant | Parking Ratio | 1.43/1,000 SF |
| Gross Leasable Area | 7,000 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,000 SF |
| Year Built | 1900 |
| Parking Ratio | 1.43/1,000 SF |
About the Property
TREG Realtors/LIME Realty is pleased to offer the historic Triumph Building in the heart of downtown Guthrie for sale or lease,. The property was built shortly after the Oklahoma Landrun in 1899 before statehood. Before the owners decided to retire, the first floor served as home to the popular Hunan Palace restaurant for over 25 years, was then purchased and housed as a medical marijuan dispensary and remains in excellent condition. Recently remodeled, new bathrooms, flooring, HVAC and much more making this a turn-key restaurant opportunity. The second floor has been vacant and is perfect for converting into office or residential use. This is a rare opportunity to own or lease a part of history. Located in downtown Guthrie This can also be leased out at $8/SF NNN
- Conferencing Facility
- Restaurant
- Security System
- Signalized Intersection
- Skylights
- Accent Lighting
- Roof Terrace
- Storage Space
- Recessed Lighting
- Air Conditioning
-
Long Tran -
Tran Real Estate Group
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106 W Oklahoma Ave
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