












|

 |
| |
| SOLD |
Stratford Commons
Office Building 12107 Stratford Drive Clive, Iowa Shell
Finish 7,920 Total SF SOLD - NOT AVAILABLE

 |
| ~
Click here for a printable PDF of the floorplan |
| |
PURCHASE SCENARIO
| - |
7,920 sqft offered
at $1,500,000 including $20.00 psf TI allowance. |
| - |
Individual bays of
1,997 sqft offered at $375,000 including 20 psf TI allowance. |
| |
|
| LEASE SCENARIO |
| - |
Base Rent: $15.50
psf NNN, CAM projected at approximately $2.75 psf after Tax Rebate. |
| |
|
| - |
All square footage
listed includes prorated share of common mechanical room. |
| - |
Different square
footage requirements for individual bays will be considered upon request.
|
|
| |
The Shell Space, as completed, will include the
following:
| 1. |
Structural
elements, Exterior walls, Windows and Entry doors. |
| 2. |
Two
vestibules as per current plan (Exhibit Plan to be attached to final Purchase
Agreement). |
| 3. |
Underfloor sanitary installed continuously at a point approximately
30' from the front of the building extending from the West to a point
approximately 30' from the East wall. |
| 4. |
Main
sprinkler system with sprinkler heads turned up to deck with coverage for open
shell condition. |
| 5. |
Fire
Sprinkler, Water Meter/Electrical rooms installed including partition walls and
doors. Exterior walls of these rooms to be Fire-taped. Interior of walls to be
prime painted. |
| 6. |
400
Amp 3-Phase electrical service and meter. Distribution panels to be part of
Tenant Improvement costs. |
| 7. |
1 inch of Apex
Foam Insulation in exterior walls and ceiling. |
| 8. |
Split system HVAC
system (90+% efficient AFUE, 13+SEER) sized at 1 ton of cooling per 400 square
feet. Condensers to be located along the rear of the building. Furnace to be
located within the tenant space. Main distribution and return air trunks
to/from the furnace in the current central planned location are included but
will be installed during the Tenant Improvement project. |
| 9. |
Standard 2' X 4'
ceiling grid and tile (installed at a height of 9') with standard 2' x 4'
Parabolic troffer light fixture per 100 square feet, provided and installed at
the time of the tenant improvements. |
| 10. |
Gas, electric,
water and phone service provided to the Fire Sprinkler/Electrical rooms as
required. Distribution of electric, water and phone as part of Tenant
Improvement. Gas distribution will be provided as part of the shell to the
current locations of the furnaces. |
| 11. |
50 gallon water
heater. |
| 12. |
One single toilet,
single sink restroom provided per each 1,997 sf of space located above existing
sanitary lines. |
|
|
| |
 |
| |
|
| |
The
tenant improvement will be responsible for but not limited to the
following:
| 1. |
Finish of interior of
perimeter wall. |
| 2. |
All interior partition
walls, doors and frames. |
| 3. |
All interior finishes
including flooring, base, wall coverings, paint, etc.. |
| 4. |
Branch distribution
ductwork for the HVAC system. |
| 5. |
All additional plumbing
work. |
| 6. |
Electrical distribution
system. |
| 7. |
Any additional or
changes to lighting allowance. |
| 8. |
Sprinkler system changes
including turning heads down, additional heads and moving of any mains to
accommodate tenant improvements. |
| 9. |
All tenant
signage. |
| 10. |
All other items
necessary to complete the tenant improvement. |
| 11. |
Tenant Improvement
conceptual plans and construction documents (Anticipated cost of $1.50 psf as
part of TI expense). |
|
| |
|
|