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Olde Madison Plaza 953 Highway 51
3,158 SF of Office/Retail Space Available in Madison, MS 39110
Highlights
- Full service property management team.
- Ample surface parking available.
- Traffic Counts: 18,495 VPD US-51, 11,457 VPD Madison Ave, 9,396 VPD Main Street
- Tenant signage opportunity.
- Dual curb cuts for easy ingress and egress.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste A | 3,158 SF | Negotiable | $29.50 CAD/SF/YR $2.46 CAD/SF/MO $317.52 CAD/m²/YR $26.46 CAD/m²/MO $7,763 CAD/MO $93,156 CAD/YR | Triple Net (NNN) |
953 Highway 51 - 1st Floor - Ste A
Olde Madison Plaza is conveniently located in the heart of Madison with easy access to the surrounding metro areas of Ridgeland, Flowood and more.
- Lease rate does not include utilities, property expenses or building services
- Fits 8 - 26 People
- Located in-line with other retail
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 Olde Madison Plaza
- The Club
PROPERTY FACTS FOR 953 Highway 51 , Madison, MS 39110
| Center Type | Strip Center | Frontage | 127’ on US Hwy 51 North |
| Parking | 44 Spaces | Gross Leasable Area | 20,000 SF |
| Stores | 1 | Total Land Area | 0.53 AC |
| Center Properties | 1 | Year Built | 2000 |
| Center Type | Strip Center |
| Parking | 44 Spaces |
| Stores | 1 |
| Center Properties | 1 |
| Frontage | 127’ on US Hwy 51 North |
| Gross Leasable Area | 20,000 SF |
| Total Land Area | 0.53 AC |
| Year Built | 2000 |
About the Property
Beautiful 2 story, fully accessible office suites with lower floor retail in the downtown Madison area. After hours key fob entrances, quiet and move-in ready. Some suites have individual restroom facilities, and others share break room and restrooms.
Nearby Major Retailers
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Power Broker Pratt Rogers -
Kerioth Realty Brokerage
Presented by
Olde Madison Plaza | 953 Highway 51
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