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20 E 5th St 2,000 SF of Retail Space Available in Covington, KY 41011
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,000 SF | 10’ - 12’ | 3 Years | $18.00 /SF/YR $1.50 /SF/MO $193.75 /m²/YR $16.15 /m²/MO $3,000 /MO $36,000 /YR | Modified Gross |
1st Floor
Seize the opportunity to establish your business in a newly renovated 2,000 sq. ft. storefront in the heart of Covington’s bustling downtown. This meticulously updated space boasts hardwood flooring, unique lighting fixtures, a conference room, a chic bathroom, a wet bar, and expansive windows that fill the interior with natural light. Additional features include approximately 1,800 sq. ft. of accessible basement storage, perfect for inventory or equipment needs. Situated on the same block as the new highly acclaimed Carmelo’s Italian restaurant and Wenzel Whiskey venue, this location offers exceptional foot traffic and visibility. Just two blocks from Hotel Covington and Braxton Brewery, it places you in the center of Covington's thriving business and social hub. Don’t miss out on this incredible opportunity to position your business in one of Covington’s most dynamic neighborhoods!
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Central Air and Heating
- Secure Storage
- Finished Ceilings: 10’ - 12’
- Hardwood Floors
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 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 broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate 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 rental rate 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.
PROPERTY FACTS
| Total Space Available | 2,000 SF | Gross Leasable Area | 3,640 SF |
| Property Type | Retail | Year Built | 1910 |
| Property Subtype | Storefront Retail/Residential |
| Total Space Available | 2,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Residential |
| Gross Leasable Area | 3,640 SF |
| Year Built | 1910 |
FEATURES AND AMENITIES
- Freeway Visibility
- Pylon Sign
- Drive Thru
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| E 5th St | Electric Aly, W | 7,268 | 2022 | 0.03 mi |
| Scott Blvd | Tobacco Aly, N | 8,336 | 2022 | 0.05 mi |
| Scott Blvd | Tobacco Aly, S | 5,991 | 2022 | 0.06 mi |
| Madison Ave | Ziegler Way, S | 7,104 | 2022 | 0.06 mi |
| Scott Blvd | E 5th St, N | 7,248 | 2022 | 0.07 mi |
| W 5th St | Crawford Dr, W | 7,090 | 2022 | 0.07 mi |
| E 5th St | Scott Blvd, W | 5,817 | 2022 | 0.07 mi |
| E 6th St | Scott Blvd, E | 1,992 | 2022 | 0.10 mi |
| East 6th Street | Scott Blvd, E | 2,040 | 2018 | 0.10 mi |
| Scott Blvd | E 6th St, S | 5,529 | 2022 | 0.10 mi |
NEARBY MAJOR RETAILERS
MAP
ADDITIONAL PHOTOS
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