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612 American Way
1,426 SF of Retail Space Available in Terrell, TX 75160
Sublease Highlights
- Situated between Interstate 20 and US Highway 80 with access to several State Highways
- Directly behind the shopping center is three new and under construction 1800+ units multifamily developments
- Open, customizable space for a variety of retail and professional service uses
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 612 | 1,426 SF | Dec 2032 | $53.38 CAD/SF/YR $4.45 CAD/SF/MO $574.55 CAD/m²/YR $47.88 CAD/m²/MO $6,343 CAD/MO $76,117 CAD/YR | Triple Net (NNN) |
1st Floor, Ste 612
Open-plan concept that is customizable. It can be used as a restaurant with gas and water utilities available. It can also be used for general retail and professional services. Eight more years are available on lease.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Customizable Open-Plan Concept
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 612 American Way, Terrell, TX 75160
- Tenant
- Description
- US Locations
- Reach
- America's Best Contacts & Eyeglasses
- Optical
- 1,261
- National
- T Mobile
- Wireless Communications
- 10,253
- International
Tenant | Description | US Locations | Reach |
America's Best Contacts & Eyeglasses | Optical | 1,261 | National |
T Mobile | Wireless Communications | 10,253 | International |
PROPERTY FACTS FOR 612 American Way , Terrell, TX 75160
Property Type | Retail | Total Land Area | 21.86 AC |
Property Subtype | Storefront | Year Built | 2019 |
Gross Leasable Area | 10,771 SF | Parking Ratio | 3.16/1,000 SF |
Property Type | Retail |
Property Subtype | Storefront |
Gross Leasable Area | 10,771 SF |
Total Land Area | 21.86 AC |
Year Built | 2019 |
Parking Ratio | 3.16/1,000 SF |
About the Property
The Crossroads at Terrell is a multi-phase retail development anchored by Hobby Lobby, Ross, Marshall's, Petco, Film Alley, and Academy. Buc-ee's gas station, Chick-Fil-A, Raising Cane's, and Starbucks are located across the street, which generates a lot traffic. Ample parking is available directly in front of the storefront and in the rear.
- Corner Lot
- Signage
- Air Conditioning
Presented by
Marvalyn Wilson
612 American Way
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