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The Old Mill 311 Old Mill Rd
1,020 - 15,500 SF of Retail Space Available in Rhome, TX 76078
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,020-15,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Multiple structures on site; could be leased separately. Ideal for restaurant, brewery, storefront, retail, office. See brochure. Square footage to be measured.
- Space In Need of Renovation
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 311 Old Mill Rd , Rhome, TX 76078
Min. Divisible | 1,020 SF | Gross Leasable Area | 15,500 SF |
Property Type | Retail | Year Built | 1883 |
Property Subtype | Restaurant |
Min. Divisible | 1,020 SF |
Property Type | Retail |
Property Subtype | Restaurant |
Gross Leasable Area | 15,500 SF |
Year Built | 1883 |
About the Property
Ideal for restaurant, brewery, brewpub, distillery, or event venue; endless possibilities. Built in the late 1800's, the historic original three-story mill stands as one of the oldest roller mills constructed in Texas. The site contains multiple structures boasting approximately 15,500 SF* situated on a spacious 0.97-acre lot. Designated as “Downtown Mixed-Use” according to the Rhome Comprehensive Plan. The original mill structure is supplemented by two-story annexes on each side, a concrete building and attached pipe barn, a 2 bed/2 bath barn-styled house, a detached garage/carriage house, and two large ship-steel silos. Also onsite is a 2,364 SF concrete pad, formerly the foundation for a storage building. In the path of growth, Rhome has tens of thousands of homes planned, under construction, or recently completed within a 10-mile radius. The historic city core, Old Town Rhome is ripe to become a destination historic entertainment district, with the Old Mill being the catalyst. The in-place Rhome Comprehensive Plan identified $375 million in lost trade for retail, food and drink sales within a 15-minute drive time. Residential construction and population growth in the immediate vicinity will continue to grow the appetite for retail and entertainment in Old Town Rhome. Aerial video of the subject property and nearby development, taken July 2022: https://www.youtube.com/watch?v=l8ZohBmYfaM *SF estimated using public records and exterior dimensions, making assumed reductions for walls and stairwells. Original mill has a basement level not included.
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The Old Mill | 311 Old Mill Rd
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