Welcome
Approximately 1,800 square feet Commercial Retail / Office space is currently under lease, located at the first floor of this historically restored building at 205 North Main Street. This is located on Hannibal's walkable historic Main Street shopping and entertainment district. View terms below.
205 North Main Street - Commercial available August 2020
This office concept image demonstrates possibilities for street visible reception and adjacent conference with private staff work space for eight and rear break/training room.
This image visualized the vision for the restoration of the storefront within the context of the neighboring facades.
This image shows the quality walk-able streetscape experience at this property.
205 Main Street details
Customer Draw
- 500,000 annual visitors.
- Local Festivals: Tom Sawyer Days, Twain on Main, Steam Punk, and Folk Life Festival draws tens of thousands.
- Hannibal has a positive pull factor.
- Traffic counts are 40,000 vehicles per day.
- Daytime population growth equals 20%.
- Trade Area Draw equals 15% surplus of retail sales.
- Total households in Hannibal equals 12,387.
Utilities and features
- Electric and natural gas are separately metered.
- High speed internet fiber optic is available.
- The building is fully sprinkled for fire protection.
Lease Opportunities
- The initial five (5) year lease shall be absolute triple net (NNN) and the Tenant shall pay a pro-rated portion of all operating expenses associated with the Property, including but not limited to, building repairs and maintenance, real estate taxes, insurance, and utilities. Landlord shall maintain the building shell structure including foundation, exterior wall panels and roofing system. The pro-ration will be based on the tenant’s percentage of the building’s total square footage.
Tenant Finish
- Landlord will provide additional services to the tenant in the form of tenant finish. The costs associated with these improvements will be covered by the Landlord and built into the lease as reimbursable from the tenant over the five year initial term. Tenant finish will be completed per the Landlord’s budget. Any additional items will be the financial responsibility of the tenant and will be paid prior to the completion of the work.
Options to Renew
- Tenant shall have three (3), 5-year, separate, but consecutive options to renew the lease. All terms and conditions shall remain unchanged, except that rent shall increase as negotiated: