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118 Main Street 108-118 Main St
6,800 SF of Retail Space Available in Old Saybrook, CT 06475
Highlights
- Heavy daytime pedestrian traffic.
- Close to Highways.
- Main Shopping District in Old Saybrook.
- Open Floor Plan.
- Convenient Parking front and side of building.
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 | 6,800 SF | 12’ | Negotiable | $14.00 /SF/YR $1.17 /SF/MO $150.69 /m²/YR $12.56 /m²/MO $7,933 /MO $95,200 /YR | Triple Net (NNN) |
1st Floor
Open floor plan with a 1,100 SF rear area for storage or private office. Building is located right on the sidewalk for excellent visibility. Convenient parking immediately in front of building. Retail, fitness are just a few of the many possibilities. Located in the heart of the retail center of Old Saybrook. First time the space has been offered in over 40 years. There is 5,700 SF Open Retail Space with a 1,100sf backroom for a private office space. Located in the Main Shopping District of Old Saybrook, featuring street-front visibility offering ample parking directly in front of building as well as on the building's side. This retail space is not located in a Flood Zone Area and it is fully sprinklered for low insurance rates - Don’t miss out!
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Finished Ceilings: 12’
- Energy Performance Rating - B
- ? 5,700 SF Open Retail w/ 1,1000 sf back room
- ? Main Shopping District in Old Saybrook
- ? Street front Visibility
- ? Parking directly Front of Building & Side
- ? Not in a Flood Zone
- ? Fully Sprinklered for low insurance rates
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 108-118 Main St , Old Saybrook, CT 06475
| Property Type | Retail | Year Built | 1971 |
| Property Subtype | Freestanding | Parking Ratio | 3.97/1,000 SF |
| Gross Leasable Area | 6,800 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 6,800 SF |
| Year Built | 1971 |
| Parking Ratio | 3.97/1,000 SF |
About the Property
Open floor plan with a 1,100 SF rear area for storage or private office. Building is located right on the sidewalk for excellent visibility. Convenient parking immediately in front of building. Retail, fitness are just a few of the many possibilities. Located in the heart of the retail center of Old Saybrook. First time the space has been offered in over 40 years. Don’t miss out!
Nearby Major Retailers
-
Ken Ginsberg -
Houlihan Lawrence Wareck D'Ostilio
Presented by
118 Main Street | 108-118 Main St
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