West Bend Continental Drive
2090 Continental Drive
West Bend, WI 53095
For specific details regarding leasing, please contact Phil Eckert at 262.677.9933 or email him at email@example.com.
Located just off Paradise Drive in West Bend, this property has a total of approximately 5,504 sq. ft. of tenant space, of which 6,200 sq. ft. is currently occupied by the property owner. Design 2 Construct completed the tenant build-outs for Dermatology & Cosmetic Physicians, SC and Drs. deGuzman & West.
There is a common corridor to access approximately 1,300 sq. ft. of lower level storage/mechanical space.
This property is a great location for any prospective tenant. The Walmart Shopping Center and nearby growing professional businesses will be sure to help any new tenant prosper. The quality neighboring tenants give this location the atmosphere of a high-quality area.
The landlord typically provides each space in a standard “white box” condition (based on the tenant’s needs, the landlord may instead provide an allowance that represents the estimated cost of bringing the space to a standard “white box” condition). Tenant would be responsible for costs in excess of the white box finish. A cost estimate would be prepared for any interested tenant based on a preliminary space layout.
Standard white box includes:
- Standard Ceilings
- Concrete Floor
- Perimeter Wall(s)
- Restroom(s) as required by code
- HVAC Unit (sized to the white box space and distributed)
- Electric Service (distributed to the white box space per code)
- Fire Protection (for the white box space as required by code)
The timing of occupancy is dependent upon receiving municipal approval(s), finalizing the layout, and building out the space, which varies based on the level of finishes desired by the tenant.
The length of lease term is negotiable, with a minimum five-year term required. Annual base lease rates range from $12.50 to $15.00 per sq. ft. depending on the amount of leased space, the location of the space, and the lease term. Lease rates typically increase by 3% at the beginning of each new lease year.
Typical leases are structured on a “triple-net” basis, with shared expenses estimated between $5.00 and $6.00 per sq. ft. for the initial years of the lease. Shared expenses typically include, but are not limited to, common area maintenance costs, public utilities, insurance, and real estate taxes.