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Needham Gateway Shops 100 Highland Ave
1,655 SF of Retail Space Available in Needham, MA 02494
Highlights
- Traffic count Highland Ave: 35,000 ADT
- 99 Shared parking spaces
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 1,655 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
100 Highland Ave - 1st Floor
1,620-3,280 SF of retail space available
- Fully Built-Out as Standard Retail Space
- Central Air and Heating
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.
SELECT TENANTS AT Needham Gateway Shops
- Tenant
- Description
- US Locations
- Reach
- Omaha Steaks Store
- Butcher/Fish Market
- 84
- National
- Panera Bread
- Bakery
- 3,005
- International
Tenant | Description | US Locations | Reach |
Omaha Steaks Store | Butcher/Fish Market | 84 | National |
Panera Bread | Bakery | 3,005 | International |
PROPERTY FACTS FOR 100 Highland Ave , Needham, MA 02494
Center Type | Strip Center | Gross Leasable Area | 47,441 SF |
Parking | 143 Spaces | Total Land Area | 1.90 AC |
Center Properties | 2 | Year Built | 2006 |
Center Type | Strip Center |
Parking | 143 Spaces |
Center Properties | 2 |
Gross Leasable Area | 47,441 SF |
Total Land Area | 1.90 AC |
Year Built | 2006 |
About the Property
Needham Gateway Shops is located at the fully signalized intersection of Second and Highland Ave. and has 3 access points and pylon signage on Highland Ave. The center is anchored by a high-volume Panera Bread and is less than an 1/8 of a mile from the full interchange at I-95 / Rt-128.
- Dedicated Turn Lane
Nearby Major Retailers
Learn More About Leasing Retail Properties
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Needham Gateway Shops | 100 Highland Ave
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