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Lake Ridge Center 7501-7535 Lake Ridge Pky
1,483 SF of Retail Space Available in Grand Prairie, TX 75054
Highlights
- Competitive lease rate of $36/SF + $10 NNN.
- Adjacent to Joe Pool Lake for increased foot traffic.
- 1,483 SF of newly constructed retail space.
- Negotiable Tenant Improvements available.
- Surrounded by affluent residential communities.
- Prime location with 22,389 VPD on Lake Ridge Pkwy.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 102 | 1,483 SF | Negotiable | $51.03 CAD/SF/YR $4.25 CAD/SF/MO $549.27 CAD/m²/YR $45.77 CAD/m²/MO $6,306 CAD/MO $75,676 CAD/YR | Triple Net (NNN) |
1st Floor, Ste 102
- 2024 Construction - New space, never previously occupied. - Located in-line with other retail. - Space is in Excellent Condition.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
- Ample parking
- Negotiable tenant improvements
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 7501-7535 Lake Ridge Pky , Grand Prairie, TX 75054
| Property Type | Retail | Parking Ratio | 10.63/1,000 SF |
| Gross Leasable Area | 9,600 SF | Construction Status | Under Construction |
| Year Built | 2024 |
| Property Type | Retail |
| Gross Leasable Area | 9,600 SF |
| Year Built | 2024 |
| Parking Ratio | 10.63/1,000 SF |
| Construction Status | Under Construction |
About the Property
Welcome to Lake Ridge Center, a premier commercial development located in the bustling city of Grand Prairie, TX. This modern retail and office complex offers prime leasing opportunities tailored to meet the needs of businesses seeking high visibility and accessibility. Situated at the intersection of Lake Ridge Parkway and S Grand Peninsula Drive, Lake Ridge Center benefits from significant traffic exposure, with 22,389 vehicles per day passing by. The center is surrounded by established retailers and essential amenities, creating a vibrant business environment. The available unit is 1,483 square feet and is ideal for a variety of uses, including retail, office, or specialty shops. Newly constructed in 2024, this space is designed to cater to the needs of contemporary businesses, offering high ceilings, ample natural light, and modern finishes that enhance its appeal and functionality.
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Lake Ridge Center | 7501-7535 Lake Ridge Pky
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