1315 Ruth Street

Property details

Highly visible Ruth Street commercial building. Ideal tenant will appreciate the low rent of .70 per SF for the first year. Tenant can use this period of time to build out the unit to their specifications. Rent will escalate over the next 4 years. Year 2 = .90/SF, Year 3 = $1.10/SF, Year 4 = $1.30/SF, Year 5 = $1.50/SF. A 5 year Option will be offered to the tenant with an escalation not to exceed 2.5% per year. An additional 1400 SF is available in the rear of the building. Lease will be NNN. Firewall will be established between units by landlord upon successful execution of a lease.