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Durand Plaza 8751-8789 Monroe Rd
1,200 SF of Retail Space Available in Durand, MI 48429
Highlights
- Popular neighborhood shopping center
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor, Ste 8765 | 1,200 SF | 11’ | 5 Years | $17.01 CAD/SF/YR $1.42 CAD/SF/MO $183.09 CAD/m²/YR $15.26 CAD/m²/MO $1,701 CAD/MO $20,412 CAD/YR | Triple Net (NNN) |
8751-8791 Monroe Rd - 1st Floor - Ste 8765
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Financial Services Office
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Plug & Play
- After Hours HVAC Available
- Finished Ceilings: 11’
- Display Window
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 8751-8789 Monroe Rd , Durand, MI 48429
| Center Type | Neighborhood Center | Frontage | |
| Parking | 274 Spaces | Gross Leasable Area | 29,950 SF |
| Stores | 14 | Total Land Area | 5.72 AC |
| Center Properties | 1 | Year Built | 1985 |
| Center Type | Neighborhood Center |
| Parking | 274 Spaces |
| Stores | 14 |
| Center Properties | 1 |
| Frontage | |
| Gross Leasable Area | 29,950 SF |
| Total Land Area | 5.72 AC |
| Year Built | 1985 |
About the Property
Monroe Plaza (Durand Plaza) is located at the I-69/Durand Road interchange on M-71. It is the main shopping center for the City of Durand and surrounding areas. The center is anchored by Anytime Fitness & Hurley Medical, and co-tenants include: H&R Block, Hungry Howies, Hass Vision, China House, Supercuts, Doggie Depot. Plaza is shadow-anchored by Gill-Roy's Hardware, Family Dollar, Dollar General, CarQuest Auto, Subway, Wendy's, McDonald's, Rite Aid, Rainbow RV Sales, and a Chevy Dealership. Dutch Hollow Golf Course is around the corner. There is dual road ingress/egress, with pylons for each side. Plenty of parking. Property is located at M-71 & Monroe Roads, just east of the I-69 interchange. M-13 and M-21 are nearby. I-75 is 10 minutes east. Durand is between Flint and Lansing in Mid-Michigan. Flint's Bishop Airport is less than 10 minutes east. Owosso Community Airport is about 15 minutes northwest. Amtrak Railroad Station is located downtown Durand just a few short blocks from the shopping center.
- Pylon Sign
- Signage
- Tenant Controlled HVAC
Nearby Major Retailers
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Durand Plaza | 8751-8789 Monroe Rd
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