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Former Bite Box Eatery & Social Club 2223 Falcon Rd
1,053 SF of Retail Space Available in Altus, OK 73521
Highlights
- High Traffic Area
- Clean Bright Aesthetic
- Equipped Prep Kitchen
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,053 SF | 2-5 Years | $20.18 CAD/SF/YR $1.68 CAD/SF/MO $217.27 CAD/m²/YR $18.11 CAD/m²/MO $1,771 CAD/MO $21,255 CAD/YR | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Space is in Excellent Condition
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 2223 Falcon Rd , Altus, OK 73521
| Property Type | Retail | Gross Leasable Area | 1,053 SF |
| Property Subtype | Restaurant | Year Built/Renovated | 1970/2022 |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 1,053 SF |
| Year Built/Renovated | 1970/2022 |
About the Property
Property recently remodeled with a clean and bright aesthetic for a small catering and retail food prep business. It is the perfect location on a busy road linking Altus Air Force base with the main shopping and residential areas. Small gatherings and events can be hosted here or the entire space can be made fit your specific needs. Kitchen is equipped and ready to go for light prep of food. Whether it’s retail, event or a food prep/dine in space, this space is it. This is formerly the Altus Bite Box location which was a highly successful charcuterie prep and event hosting spot. Utilities are not included in lease price. Landlord responsible for taxes, property insurance, roof, HVAC and kitchen equipment maintenance. Tennant responsible for general liability, renters insurance, utilities, interior alterations costs and landscaping/parking maintenance. $1,250/mo, 2 months rent at signing of lease. 3 to 5 years lease desired. Landlord willing to sell rights to “Bite Box’” name, website and branding. Great opportunity for an established biz that just needs to be started back up and ran with! Call Clay today at (580)704-7454 to discuss how to Build YOUR Future Today!
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Former Bite Box Eatery & Social Club | 2223 Falcon Rd
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