Catylist ID: #30050449
Retail Space in downtown Business District
Retail-Commercial for Lease
|Catylist Listing ID:||30050449|
|Property Subtypes:||Mixed Use, Street Retail|
|Contiguous Space:||1,326 - 2,652 SF|
|Building Size (RSF):||1,326 SF|
|Gross Building Area:||5,304 SF|
|Gross Land Area:||0.06 Acres|
$10 PSF (Annual)
|Base Monthly Rent:||$2,210|
|Lease Types:||Full Service, NNN|
|In Opportunity Zone?||Yes|
|Building Name:||304 Francis Street & 306 Francis Street|
|Usable Size (USF):||2,652 SF|
Overview / Comments
This property is located on Francis Street near East Washington in the downtown business district.
It features (2) 1,326 street level units that have glass display windows w/ street frontage. The space can easily be combined into a 2,652 sq ft. unit.
The rent is $550.00 per month NNN for 1,326 sq. ft.
$1,100.00 per month NNN for 2,652 sq. ft.
Expand All Available Space
|Suite: 304, 306||2,652 SF||$10 PSF (Annual) NNN,Full Service|
|Space Available:||2,652 SF|
|Minimum Divisible:||1,326 SF|
$10 PSF (Annual)
|Lease Type:||NNN,Full Service|
|Space Description:||This property was built in 1890 and features attractive high tin ceilings with large display windows.
There are (2) 1,326 sq. ft. street level store fronts that adjoin. They could be leased together as up to 2,652 sq. ft of street level retail. in addition, there is the potential to add an additional 2,652 sq. ft. of space on the second floor / area with a large sky light.
This property is available at the lowest price per sq. ft. of any retail space in Jackson. It is located in the downtown central business district on Francis Street near the corner of East Washington within 1 block of the Consumers Energy Headquarters, the Commonwealth Building and ample public parking.
The property represents an exciting opportunity for the right business as the city is poised to commence changes in June-2017 to the central business district traffic pattern in the downtown area that will result in increased visibility and traffic counts for this property. Washington will become a 2 way street.
This property is also available for sale.
|Space Subcategory:||Free-Standing Store, Office Building|
|Lease Term:||12 Months|
|Rent Escalators||Fixed Lease|
|Retail Clientele:||General, Family, Business, Traveler, Tourist, Recreation, Convention|
|Largest Nearby Street:||E. Washington Street|
|Highway Access:||Easy access from I-94 via Cooper Street exit (i.e. M106)|
|Site Description:||Located in the central business district in downtown Jackson, the property is located within one block from Consumers Energy Headquarters building and employee parking structure. It is across the street from the Commonwealth Building.|
|Area Description:||The location is poised to benefit from the City of Jackson's plans to change the traffic pattern downtown that will result in 2 way traffic on Washington and Francis Street. This will create additional exposure for this property and higher traffic counts.|
|Total Number of Buildings:||1|
|Number of Stories:||2|
|Typical SF / Floor:||2,244 SF|
|Exterior Description:||Brick front with concrete block sides.|
|Parking Description:||Ample public parking in nearby parking lots and on the street.|
|Air Conditioning:||Window Unit|
|Proximity:||1 mile||3 miles||5 miles|
Joe Arnold, CCIMSt. Arnold Commercial
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