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Now leasing a new 6,440 square foot retail center on Siegen Lane. Retail center is under construction with Burger Smith Restaurant anchor. Landlord is offering 3,000 sf space or split floor plan with two 1500 sf spaces. Delivered as a white box for $27/sf NNN rental rate with a tenant improvement allowance of $10.00/sf. The exterior of the building will have a four foot stone wrap with brick façade. Delivery date is fourth quarter 2014. Contact Agents for additional details. - Building condition: Excellent - Tenancy: Multiple Tenants
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The typical asking rate per listing is in the $20's per square foot per year. The Airline-Jefferson region is experiencing a decrease in rates. In the last 3 months, the median rate fell $4 per sqft per year. That's a 14% decline in rent.
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