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Prominent Commercial Space in Downtown Monroe 116 S Broad St
3,333 - 16,163 SF of Retail Space Available in Monroe, GA 30655
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 3,333 SF | 3-10 Years | $34.13 CAD/SF/YR $2.84 CAD/SF/MO $367.35 CAD/m²/YR $30.61 CAD/m²/MO $9,479 CAD/MO $113,749 CAD/YR | Triple Net (NNN) | ||
1st Floor | 3,930 SF | 3-10 Years | $28.44 CAD/SF/YR $2.37 CAD/SF/MO $306.13 CAD/m²/YR $25.51 CAD/m²/MO $9,314 CAD/MO $111,769 CAD/YR | Triple Net (NNN) | ||
2nd Floor | 8,900 SF | 3-10 Years | $24.17 CAD/SF/YR $2.01 CAD/SF/MO $260.21 CAD/m²/YR $21.68 CAD/m²/MO $17,929 CAD/MO $215,149 CAD/YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 16,163 SF of adjacent space
- Anchor Space
- Corner Space
- High Ceilings
- Exposed Ceiling
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 16,163 SF of adjacent space
- Anchor Space
- High Ceilings
- Exposed Ceiling
2nd Floor
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 16,163 SF of adjacent space
- Anchor Space
- High Ceilings
- Exposed Ceiling
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 116 S Broad St , Monroe, GA 30655
Property Type | Retail | Year Built | 1960 |
Property Subtype | Restaurant | Construction Status | Under Renovation |
Gross Leasable Area | 19,062 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 19,062 SF |
Year Built | 1960 |
Construction Status | Under Renovation |
About the Property
Located in the heart of downtown Monroe, the former Monroe Police Station is prominently situated across the street from the Historic Monroe Courthouse. Neighboring businesses include The Roe, Rinse Co., Addison's Wonderland, The Brown Fig, The Monroe Mercantile, Scoops, The Blue Rooster, LR Burger, Strange Taco, High Voltage Wings and so many more. This is the perfect opportunity to integrate your business in the thriving epicenter of downtown Monroe. Downtown Monroe is supported by an active Development Authority and offers an Annual Car Show, Fall Festival, Monroe Blooms Festival, First Friday Summer Concerts and Seasonal Parades. With upwards of 10,000 people in attendance at most of these festivities, your business will benefit greatly from visitors and residents alike. 116 S Broad is well-suited for retail, restaurant and boutique hotel. The possibilities are truly endless. Lease rate will be based on tenant required build-out and use. Contact us today to tour this historic building!
Nearby Major Retailers
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Prominent Commercial Space in Downtown Monroe | 116 S Broad St
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