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123 A St
6,200 SF of Retail Space Available in Mc Gregor, IA 52157
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 6,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
- Central Air Conditioning
- Kitchen
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 123 A St , Mc Gregor, IA 52157
| Property Type | Retail | Gross Leasable Area | 6,200 SF |
| Property Subtype | Restaurant | Year Built | 1880 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 6,200 SF |
| Year Built | 1880 |
About the Property
State-of-the-art restaurant and award-winning microbrewery for lease or for sale! Don’t miss your opportunity to be part of this iconic property. The “Old Man” has been improved with multi-millions in impressive, custom renovations and finishes, including copper brew kettles built in Vienna Austria. The Old Man Restaurant is approximately 2,482 SF with seating for about seventy-five plus a beautiful outdoor patio with seating for an additional thirty guests. The bar features unique and custom finishes with seating for twenty and the brew house measures approximately 3,713 SF. There’s ample parking with a large lot across the street and additional parking behind the facility. Recent awards earned: 2019 & 2021 Business of the Year. 2023 Best of the Best in Breweries Winner! The Old Man is perfectly situated along the Great River Road National Scenic Byway in the tourist corridor of McGregor, Iowa. Historic McGregor is a major tourist attraction with over half a million annual visitors from all over the world arriving to explore the historic downtown with mouthwatering food, antique shops, specialty shops, dining, live music, entertainment, art, gift shops, nature centers, fishing hotspots, or to enjoy and explore the natural beauty of Effigy Mounds and Pike’s Peak State Park. Additionally, in July of 2022, McGregor, Iowa was designated as a new Iowa Cultural & Entertainment District for its well-identified, walkable, mixed-use destination with a high concentration of flagship cultural facilities (1 of only 16 in the State). This unforgettable property is listed on the National Register of Historic Places and was built in the 1880’s by Diamond Jo Reynolds, where he used it as headquarters for his steamboat business, with a second-floor residence.
- Corner Lot
- Restaurant
- Air Conditioning
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123 A St
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