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The Phoenix Building 892 E Chicago St
1,000 - 4,000 SF of Office Space Available in Coldwater, MI 49036
Highlights
- 1,000 - 2,000 SF office suites available in approx. 12,000 SF multi-tenanted commercial building in Coldwater
- Site offers pylon signage, building monument sign, and 40+/- parking spaces
- Well located less than 1 mile from I-69/ E. Chicago St. (US-12) and within 2 miles of downtown Coldwater
- New owner recently updated property with new roof, parking lot, sidewalks, and pylon sign
- Co-tenanted by Beltone Hearing, Prompt Care, In Touch Massage Therapy, and NovaCare Rehabilitation
- Neighboring tenants include Meijer, Tractor Supply Company, Family Farm & Home, Walmart, Home Depot, and many others
Space Availability (3)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste B | 1,000 SF | Negotiable | $19.91 CAD/SF/YR $1.66 CAD/SF/MO $214.29 CAD/m²/YR $17.86 CAD/m²/MO $1,659 CAD/MO $19,908 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste F | 1,000 SF | Negotiable | $17.06 CAD/SF/YR $1.42 CAD/SF/MO $183.68 CAD/m²/YR $15.31 CAD/m²/MO $1,422 CAD/MO $17,064 CAD/YR | Triple Net (NNN) | ||
| 1st Floor, Ste I-J | 2,000 SF | Negotiable | $17.06 CAD/SF/YR $1.42 CAD/SF/MO $183.68 CAD/m²/YR $15.31 CAD/m²/MO $2,844 CAD/MO $34,128 CAD/YR | Triple Net (NNN) |
1st Floor, Ste B
1,000 SF suite – with E. Chicago St. (US-12) frontage – located between Beltone and Prompt Care.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
1st Floor, Ste F
1,000 SF suite located between Prompt Care and In Touch Massage Therapy.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
1st Floor, Ste I-J
2,000 SF suite located on south end of strip next to NovaCare Rehabilitation.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Office
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 892 E Chicago St , Coldwater, MI 49036
| Property Type | Retail | Year Built | 1991 |
| Property Subtype | Retail | Parking Ratio | 3.33/1,000 SF |
| Gross Leasable Area | 12,000 SF |
| Property Type | Retail |
| Property Subtype | Retail |
| Gross Leasable Area | 12,000 SF |
| Year Built | 1991 |
| Parking Ratio | 3.33/1,000 SF |
About the Property
AVAILABLE FOR LEASE: 1,000 – 2,000 SF in-line office suites in The Phoenix Building, a 12,000 SF multi-tenanted commercial building in Coldwater. Under new ownership, recent updates include a new roof, parking lot, sidewalks, and pylon sign. Site also features 40+/- parking spaces and a convenient location less than 1 mile from the I-69/E. Chicago St. (US-12) interchange and within 2 miles of downtown Coldwater. Property is co-tenanted by Beltone, Prompt Care, In Touch Massage Therapy, and NovaCare Rehabilitation – neighboring tenants include Meijer, Tractor Supply Company, Family Farm & Home, Walmart, Home Depot, and many others. C-4, General Business District zoning provides a wide range of uses. Up to 60-month lease term, Triple Net. NNN Charges = $2.50/SF (est.). All leases subject to Landlord’s approval of Tenant’s use and credit in its sole discretion.
Nearby Major Retailers
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The Phoenix Building | 892 E Chicago St
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