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1430 Madison St
9,781 SF of Flex Space Available in Clarksville, TN 37040
Highlights
- Heavy Daytime Traffic
- Undergoing Renovation in 2023
- Less than 5 Minutes from Downtown Clarksville
- Potentially Demisable
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 9,781 SF | 3-10 Years | $22.50 CAD/SF/YR $1.88 CAD/SF/MO $242.21 CAD/m²/YR $20.18 CAD/m²/MO $18,341 CAD/MO $220,096 CAD/YR | Full Service |
1st Floor
- Newly available office space minutes away from downtown Clarksville - Skilled in-house property management team that handles maintenance issues quickly and professionally - Down the street from Kroger, Papa Johns, and several other national brands
- Rate includes utilities, building services and property expenses
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 1430 Madison St , Clarksville, TN 37040
Property Type | Retail | Year Built/Renovated | 1996/2023 |
Property Subtype | Bank | Parking Ratio | 2.11/1,000 SF |
Gross Leasable Area | 18,975 SF |
Property Type | Retail |
Property Subtype | Bank |
Gross Leasable Area | 18,975 SF |
Year Built/Renovated | 1996/2023 |
Parking Ratio | 2.11/1,000 SF |
About the Property
Formerly First Advantage Bank, this space provides an excellent opportunity for some of the finest office space Clarksville has to offer. Located just four minutes from the heart of Downtown Clarksville, the location provides a plethora of options for retail shops and restaurants. Undergoing a demising project in 2023, prospects have a unique opportunity to lease this soon-to-be newly-renovated area!
- Banking
- Pylon Sign
- Signage
- Skylights
- Air Conditioning
Presented by
1430 Madison St
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