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Monroe Shopping Center 405 Butler Ave
1,066 - 9,631 SF of Retail Space Available in Monroe, WA 98272
Highlights
- 55,000 SF shopping center with parking ratio of 5/1,000 SF.
- Neighbors include Grocery Outlet and Sherwin Williams. $9.00 - $15.00 PSF, NNN.
Space Availability (5)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B2 | 1,070 SF | Negotiable | $25.51 CAD/SF/YR $2.13 CAD/SF/MO $274.64 CAD/m²/YR $22.89 CAD/m²/MO $2,275 CAD/MO $27,300 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste B3 | 1,066 SF | Negotiable | $21.26 CAD/SF/YR $1.77 CAD/SF/MO $228.86 CAD/m²/YR $19.07 CAD/m²/MO $1,889 CAD/MO $22,665 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste B9 | 3,262 SF | 3-5 Years | $21.26 CAD/SF/YR $1.77 CAD/SF/MO $228.86 CAD/m²/YR $19.07 CAD/m²/MO $5,780 CAD/MO $69,357 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste F2 | 2,927 SF | Negotiable | $25.51 CAD/SF/YR $2.13 CAD/SF/MO $274.64 CAD/m²/YR $22.89 CAD/m²/MO $6,223 CAD/MO $74,681 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste F3 | 1,306 SF | Negotiable | $25.51 CAD/SF/YR $2.13 CAD/SF/MO $274.64 CAD/m²/YR $22.89 CAD/m²/MO $2,777 CAD/MO $33,322 CAD/YR | Triple Net (NNN) |
317-405 Butler Ave - 1st Floor - Ste B2
1,066 - 3,262 SF retail space available 55,000 SF shopping center High traffic counts of 30,000+ VPD on Hwy 2 Neighbors include Grocery Outlet & Sherwin Williams Lease rate: $18.00 PSF, NNN (NNN = $7.70 PSF)
- Lease rate does not include utilities, property expenses or building services
317-405 Butler Ave - 1st Floor - Ste B3
1,066 SF - 3,262 SF retail available 55,000 SF shopping center Parking ratio of 5/1,000 SF High traffic counts of 30,000+ VPD on Hwy 2 Neighbors include Grocery Outlet & Sherwin Williams Lease rate: $15.00 - $18.00 PSF, NNN (NNN = $6.70 PSF)
- Lease rate does not include utilities, property expenses or building services
317-405 Butler Ave - 1st Floor - Ste B9
1,066 SF - 3,262 SF retail available 55,000 SF shopping center Parking ratio of 5/1,000 SF High traffic counts of 30,000+ VPD on Hwy 2 Neighbors include Grocery Outlet & Sherwin Williams Lease rate: $15.00 - $18.00 PSF, NNN (NNN = $6.70 PSF)
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
317-405 Butler Ave - 1st Floor - Ste F2
High traffic counts of 30,000+ VPD on Hwy 2 Neighbors include Grocery Outlet & Quality Sleep F2 & F3 can be combined for a total of 4,233 SF
- Lease rate does not include utilities, property expenses or building services
317-405 Butler Ave - 1st Floor - Ste F3
High traffic counts of 30,000+ VPD on Hwy 2 Neighbors include Grocery Outlet & Quality Sleep F2 & F3 can be combined for a total of 4,233 SF
- Lease rate does not include utilities, property expenses or building services
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.
SELECT TENANTS AT Monroe Shopping Center
- Grocery Outlet
PROPERTY FACTS FOR 405 Butler Ave , Monroe, WA 98272
| Center Type | Neighborhood Center | Gross Leasable Area | 57,141 SF |
| Parking | 345 Spaces | Total Land Area | 2.77 AC |
| Stores | 12 | Year Built | 1959 |
| Center Properties | 2 | Cross Streets | Ann St & Hwy 2 |
| Center Type | Neighborhood Center |
| Parking | 345 Spaces |
| Stores | 12 |
| Center Properties | 2 |
| Gross Leasable Area | 57,141 SF |
| Total Land Area | 2.77 AC |
| Year Built | 1959 |
| Cross Streets | Ann St & Hwy 2 |
About the Property
55,000 SF shopping center with parking ratio of 5/1,000 SF. Neighbors include Grocery Outlet and Sherwin Williams. $9.00 - $15.00 PSF, NNN. 30,000 cars per day traffic count on Hwy 2.
Nearby Major Retailers
Presented by
Monroe Shopping Center | 405 Butler Ave
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