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15 Lexington Ave 11-15 Lexington Ave
800 - 1,965 SF of Office/Retail Space Available in Gloucester, MA 01930
Highlights
- Beautifully detailed and maintained. Easily the prettiest building on this neighborhood commercial street in quaint Magnolia.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste Unit 1 | 1,165 SF | Negotiable | $12.36 /SF/YR $1.03 /SF/MO $133.04 /m²/YR $11.09 /m²/MO $1,200 /MO $14,399 /YR | Modified Gross | ||
| 1st Floor, Ste Unit 4 | 800 SF | Negotiable | $16.50 /SF/YR $1.38 /SF/MO $177.60 /m²/YR $14.80 /m²/MO $1,100 /MO $13,200 /YR | Modified Gross |
1st Floor, Ste Unit 1
For Lease- 1,165sf commercial / retail. There are two private rooms (approx. 8x12 & 8x14) that could be used as offices, consultation, treatment or storage areas. Features include floor to ceiling windows at the entrance, bright white trim, wainscoting and ceilings make for a very attractive space. Directional lighting and HVAC. Electric is separately metered and the responsibility of the tenant. The space is well-suited for professional uses such as a law office, accountant, physical therapy, chiropractor, instructional classes and others. Convenient work location where you have walking access to amenities. Walk to the Post Office, go next door for breakfast or a cup of coffee, entertain clients across the street at the 525 restaurant or relieve the stress of the day with a walk along the shore line. Available Dec 1st.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Mostly Open Floor Plan Layout
- Fits 3 - 10 People
1st Floor, Ste Unit 4
For Lease- 800+/- sf Office / Retail. Very pretty unit, the space features include floor to ceiling windows at the entrance, hardwood floors, built-in bookcases and window benches with storage, recessed lighting and a private bathroom. The space is well-suited for professional uses such as a law office, accountant, physical therapy, chiropractor, instructional classes and others. Convenient work location where you have walking access to amenities. Walk to the Post Office, cross the street for breakfast and a cup of coffee, entertain clients at the 525 restaurant or relieve the stress of the day with a walk along the shore line. Tenant is responsible for separately metered electric. Water is included in the rent.
- Listed rate may not include certain utilities, building services and property expenses
- Fits 2 - 7 People
- Private Restrooms
- Natural Light
- Open-Plan
- 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.
SELECT TENANTS AT 15 Lexington Ave
- Cape Ann Therapy Services
- Chanting for Life
- Inspire Barre & Fitness
PROPERTY FACTS FOR 11-15 Lexington Ave , Gloucester, MA 01930
| Property Type | Retail | Year Built | 1900 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 0.95/1,000 SF |
| Gross Leasable Area | 8,440 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 8,440 SF |
| Year Built | 1900 |
| Parking Ratio | 0.95/1,000 SF |
About the Property
For Lease- 800+/- sf Office / Retail. Very pretty unit, the space features include floor to ceiling windows at the entrance, hardwood floors, built-in bookcases and window benches with storage, recessed lighting and a private bathroom. The space is well-suited for professional uses such as a law office, accountant, physical therapy, chiropractor, instructional classes and others. Convenient work location where you have walking access to amenities. Walk to the Post Office, cross the street for breakfast and a cup of coffee, entertain clients at the 525 restaurant or relieve the stress of the day with a walk along the shore line. Tenant is responsible for separately metered electric. Water is included in the rent.
-
Fred Newton -
Sovereign Realty Advisors
Presented by
15 Lexington Ave | 11-15 Lexington Ave
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