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1024 Kings Hwy, New Bedford, MA 02745 1024 Kings Hwy
2,700 SF of Retail Space Available in New Bedford, MA 02745
Highlights
- Just around the corner from the Church St. Train Station
- Right off of Rte. 140
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste #7 | 2,700 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $48,600 /YR $4,050 /MO | TBD |
1st Floor, Ste #7
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 FOR 1024 Kings Hwy , New Bedford, MA 02745
| Property Type | Retail | Total Land Area | 13.91 AC |
| Property Subtype | Storefront | Year Built/Renovated | 1970/1994 |
| Gross Leasable Area | 163,790 SF | Parking Ratio | 4.02/1,000 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 163,790 SF |
| Total Land Area | 13.91 AC |
| Year Built/Renovated | 1970/1994 |
| Parking Ratio | 4.02/1,000 SF |
About the Property
Just around the corner from the Church St. Train Station, right off of Rt 140, this highly visible and easily accessible space promises to offer any number of uses and opportunities leading to a thriving and successful future for its tenants. The location's traffic count and existing neighboring services and retail businesses make it a booming destination area that is only going to become even more of a necessity locale to the overall population of New Bedford and the South Coast. Priced as a Pre-Train plaza now is an offer you do not want to let slip by.
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Presented by
1024 Kings Hwy, New Bedford, MA 02745 | 1024 Kings Hwy
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