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Midtown Plaza 1548 US Highway 231
19,000 - 43,000 SF of Retail Space Available in Ozark, AL 36360
Highlights
- This center is across the Highway from Super Walmart and other major retail and restaurants and easy access with a Traffic light
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 24,000 SF | 17’ - 20’ | Negotiable | $8.54 CAD/SF/YR $0.71 CAD/SF/MO $91.92 CAD/m²/YR $7.66 CAD/m²/MO $17,079 CAD/MO $204,947 CAD/YR | Triple Net (NNN) | |
| 1st Floor | 19,000 SF | - | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | Triple Net (NNN) |
1548 US Highway 231 - 1st Floor
Anchor Tenant This space was previous Grocery with a loading area , open space , plumbing and electrical for Grocery use exposed ceilings , no equipment but plumbing is there , HVAC and electrical .
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Finished Ceilings: 17’ - 20’
- Anchor space high ceilings loading roll up door
1548 US Highway 231 - 1st Floor
This space was previous retail with fixtures and drop ceilings and easy to convert to Retail of any kind.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
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 1548 US Highway 231 , Ozark, AL 36360
| Center Type | Community Center | Gross Leasable Area | 54,335 SF |
| Parking | 880 Spaces | Total Land Area | 14.04 AC |
| Stores | 6 | Year Built | 1954 |
| Center Properties | 1 | Cross Streets | NWC US Hwy 231 & E Andrews St |
| Center Type | Community Center |
| Parking | 880 Spaces |
| Stores | 6 |
| Center Properties | 1 |
| Gross Leasable Area | 54,335 SF |
| Total Land Area | 14.04 AC |
| Year Built | 1954 |
| Cross Streets | NWC US Hwy 231 & E Andrews St |
About the Property
This Shopping Center is at a major intersection across from Walmart Super Center. It has great frontage and at a traffic light . Major retail area near restaurants and other retail. Large box spaces along with 35,000 sq ft of storage available. 20 minutes from Dothan and 30 min drive to Troy and this is the home of Ft Rucker Army Base and Major Hwy to The Florida Beaches. Two large box spaces and one 1,400 sq ft end cap with drive thru would make a good restaurant / pharmacy or any retail needing a pick up window. This center has a large parking field and easy access to Hwy 231 with potential two out parcels not listing for sale or lease at this time but this would be entertained.
- Dedicated Turn Lane
- Monument Signage
Nearby Major Retailers
Presented by
Midtown Plaza | 1548 US Highway 231
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