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Belkin Bldg 3093-3095 W 25th St
3,426 SF of Office/Retail Space Available in Cleveland, OH 44113
Highlights
- Heavy daytime foot traffic
- Blank canvas with high ceilings and open spaces
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor | 3,426 SF | Negotiable | $9.83 CAD/SF/YR $0.82 CAD/SF/MO $105.84 CAD/m²/YR $8.82 CAD/m²/MO $2,807 CAD/MO $33,687 CAD/YR | Modified Gross |
2nd Floor
Tremendous space and character at the corner of Clark Ave and West 25th Street, Cleveland with this blank canvas space with amazing high ceilings and open spaces. Owner will work with tenant for creative lease situation. Space needs to be built out for intended use. Both 2nd and 3rd floors are available. Owner will credit rent in lieu of some build out costs. Tenant will need to contribute toward their own build out for use. Some Tenant Improvements may be negotiated.
- Listed rate may not include certain utilities, building services and property expenses
- Mostly Open Floor Plan Layout
- Great visibility, highly walkable area.
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 3093-3095 W 25th St , Cleveland, OH 44113
| Property Type | Retail | Year Built/Renovated | 1890/2004 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.58/1,000 SF |
| Gross Leasable Area | 10,278 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 10,278 SF |
| Year Built/Renovated | 1890/2004 |
| Parking Ratio | 0.58/1,000 SF |
About the Property
Tremendous space and character at the corner of Clark Ave and West 25th Street, Cleveland with this blank canvas space with amazing high ceilings and open spaces. Owner will work with tenant for creative lease situation. Space needs to be built out for intended use. Both 2nd and 3rd floors are available. $11/sq ft modified gross lease. Owner will credit rent in lieu of some build out costs. Tenant will need to contribute toward their own build out for use. Some Tenant Improvements may be negotiate
- 24 Hour Access
- Security System
- Signage
Nearby Major Retailers
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Seth Task -
BHHS Professional Realty
Presented by
Belkin Bldg | 3093-3095 W 25th St
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