Real Estate

WHERE WE BUILD ‘EM?

  • Near dense daytime populations, including central business districts, colleges campus.
  • In retail areas with strong traffic.
  • Daytime employee population greater than 10,000 within a 5-minute drive time and greater than 50,000 within a 15minute drive time.
  • Residential population greater than 75,000 within the defined trade area.
  • Median income greater than $70,000

SITE CRITERIA

  • Pad, end cap, or out-parcel.Strong visibility, easy ingress, and egress access and ample parking.
  • 4500-6,000 square feet with a minimum of 40′ of frontage.
  • Strong national/regional co-tenants, both food, and retail.
  • Outdoor seating preferred.

LEASE TERMS

  • A 10-year base term with three 2-10 year options.
  • No percentage rent or radius restrictions

SHELL CONDITION AND TENANT IMPROVEMENTS

  • 600 amp, 120/208 or 120/240 volt, 3-phase, 4-wire electrical service stubbed to the main distribution panel in the premises and furnished with the meter, circuit breakers, and disconnect as required by code.
  • Minimum 1 ton per 200 square feet of HVAC or credit towards a new system.
  • 1 1/2″ water line rated at a minimum of 45 psi and 4″ sewer line stubbed to the rear of the premises.
  • Gas service with 4 million mbtu.
  • 2 ADA restrooms per Neehee’s approved blueprints or $20,000 credit.
  • Minimum 14’ ceiling. Drywall finished to the roof deck, taped, sanded, and ready for paint, Fire rated walls on neighbors side.
  • Sprinkled building up to the code or credit towards the new installation.
  • All service tap fees, impact fees, meter fees, and development fee paid by the landlord

INCLUDE THE INFORMATION BELOW WHEN SUBMITTING A SITE FOR CONSIDERATION

  • Your Name
  • Phone / Email
  • Address or intersection and the brief description of the site

Send additional information as a Word or PDF document to <strong “>realestate@neehees.com

Note: These are basic requirements for the real estate leasehold improvements, however purchasing land and building new shell’s requirement will differ from local government authorities.