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The Mark at CityPlace 1400-1460 Lake Plaza Dr

1,000 - 3,369 SF of Retail Space Available in Spring, TX 77389

Highlights

  • Located at the gateway into CityPlace
  • Strong Daytime traffic
  • 16 foot Ceiling Heights
  • Across from ExxonMobile campus - 10,000 employees
  • Street Retail
  • Built-in clientele (400+ residents + office and hospitaility

Space Availability (1)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor
  • 1,000-3,369 SF
  • Negotiable
  • $64.97 CAD/SF/YR $5.41 CAD/SF/MO $218,877 CAD/YR $18,240 CAD/MO
  • Modified Gross
Space Use
Retail
Condition
Shell Space
Availability
Now

1,000 SF of office space for lease.

  • Listed rate may not include certain utilities, building services and property expenses
  • Highly Desirable End Cap Space
  • Central Air Conditioning
Space Size Term Rental Rate Rent Type
1st Floor 1,000-3,369 SF Negotiable $64.97 CAD/SF/YR $5.41 CAD/SF/MO $218,877 CAD/YR $18,240 CAD/MO Modified Gross

1st Floor

Size
1,000-3,369 SF
Term
Negotiable
Rental Rate
$64.97 CAD/SF/YR $5.41 CAD/SF/MO $218,877 CAD/YR $18,240 CAD/MO
Rent Type
Modified Gross
Space Use
Retail
Condition
Shell Space
Availability
Now

1,000 SF of office space for lease.

  • Listed rate may not include certain utilities, building services and property expenses
  • Highly Desirable End Cap Space
  • Central Air Conditioning

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.

SELECT TENANTS AT The Mark at CityPlace

  • Tenant
  • Description
  • US Locations
  • Reach
  • Chipotle
  • Fast-food
  • 5,592
  • International
  • Starbucks
  • Coffee
  • 20,663
  • International
Tenant Description US Locations Reach
Chipotle Fast-food 5,592 International
Starbucks Coffee 20,663 International

PROPERTY FACTS FOR 1400-1460 Lake Plaza Dr , Spring, TX 77389

Min. Divisible 1,000 SF
Property Type Retail
Property Subtype Storefront Retail/Residential
Gross Leasable Area 7,800 SF
Year Built 2017
Parking Ratio 12.56/1,000 SF

About the Property

The Mark, a new multi-family development by Martin Fein Interests featuring 7,800sf of "street retail" located below the 268 apartment units. Restaurants and retailers will enjoy access to a large workforce and captive residential community that is currently under served in the areas of dining, retail, and everyday needs and services. The project features 53 covered parking spaces exclusively for retail and 45+ storefront/ street parking spaces. The Mark is conveniently located across from the ExxonMobil Campus and is prominently positioned at the gateway into CityPlace, the new urban district that will serve as the focal point for the community of Springswoods Village. Phase I of CityPlace will comprise of 245,422sf of retail and entertainment, 450,000sf of Class A office space, a full service Marriott Hotel (337 Keys) and convention center (30,000sf). When completed, CityPlace will comprise of 450K square feet of retail and 4M square feet of Class A office space. Over 16,000 employees will work in CityPlace.

Nearby Major Retailers

24 Hour Fitness
Sunbelt Rentals
  • Listing ID: 7481526

  • Date on Market: 2017-06-02

  • Last Updated:

  • Address: 1400-1460 Lake Plaza Dr, Spring, TX 77389

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