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Palmer Plaza 1033 Thorndike St
1,211 - 3,107 SF of Retail Space Available in Palmer, MA 01069
Sublease Highlights
- landlord can build to suite space
- Well maintained retail plaza
- Heavy traffic count
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 4 | 1,211-3,107 SF | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $3,625 /MO $43,498 /YR | Triple Net (NNN) |
1st Floor, Ste 4
Sublease available. Modern retail space in busy well known corner plaza with over 10,209 cars that drive by daily. Well lit and well maintained. Beautifully finished front retail space 1211 square feet. The remaining 1900 square feet is open raw space with plumbing and electrical ready. Landlord will buildout entire space for the right tenant. Modern health and safety systems and sprinkled.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Fully Carpeted
- Security System
- Recessed Lighting
- DDA Compliant
- plug&play retail space
- Landlord will build to suit
- Private bathroom and ample utilities for buildout
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 1033 Thorndike St , Palmer, MA 01069
| Min. Divisible | 1,211 SF | Total Land Area | 2.06 AC |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 3.47/1,000 SF |
| Gross Leasable Area | 14,402 SF |
| Min. Divisible | 1,211 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 14,402 SF |
| Total Land Area | 2.06 AC |
| Year Built | 1980 |
| Parking Ratio | 3.47/1,000 SF |
About the Property
The Palmer Shops located in the Walgreens/ Pride Plaza!. Well known plaza with lots of foot traffic. Over 10,209 cars that drive by daily. Well lit and well maintained.
-
Walter Kroll -
Macmillan Group
Presented by
Palmer Plaza | 1033 Thorndike St
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