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Ballad Towne Square 2828-3018 Pacific Ave 5,600 sq ft of Retail Space Available in Forest Grove, OR 97116
SPACE AVAILABILITY (1)
Display Rent as
- SPACE
- SIZE
- TERM
- RATE
- TYPE
| Space | Size | Term | Rate | Type | ||
| 1st Floor, Ste Restaurant | 5,600 sq ft | Negotiable | Upon Application Upon Application Upon Application Upon Application | Triple Net |
3018 Pacific Ave - 1st Floor - Ste Restaurant
Second generation restaurant
- Lease rate does not include utilities, property expenses or building services
- Fully Fit-Out as a Restaurant or Café Space
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 (NNN) 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 agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rent 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 rent 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 BALLAD TOWNE SQUARE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Jade Green Palace
- Restaurant
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Jade Green Palace | Restaurant | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,600 sq ft | Frontage | 758 ft on Pacific Ave |
| Centre Type | Community Centre | Net Internal Area | 95,809 sq ft |
| Parking | 1760 Spaces | Total Land Area | 7.70 ac |
| Stores | 4 | Year Built | 1979 |
| Centre Properties | 4 |
| Total Space Available | 5,600 sq ft |
| Centre Type | Community Centre |
| Parking | 1760 Spaces |
| Stores | 4 |
| Centre Properties | 4 |
| Frontage | 758 ft on Pacific Ave |
| Net Internal Area | 95,809 sq ft |
| Total Land Area | 7.70 ac |
| Year Built | 1979 |
ABOUT THE PROPERTY
Ballad Towne Square is a Safeway and Dollar Tree anchored shopping center located in the heart of the Forest Grove, OR market. As the only grocery anchored shopping center in the Trade Area, Ballad Towne Square offers a unique opportunity for local, regional and national retail tenants as a central hub for the community. Positioned on Highway 8/ Pacific Ave, the shopping center is highly visible and accessible to over 22,000 VPD. Two pylon signs are on site for retailers and a façade upgrade for the entire center is coming soon. Forest Grove has grown over 25% in the past decade and projected to maintain that growth in the near future. Please contact the broker for any current or future vacancy opportunities.
- Pylon Sign
NEARBY MAJOR RETAILERS
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Ballad Towne Square | 2828-3018 Pacific Ave
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