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126 Mechanic St
8,060 SF of Retail Space Available in Leominster, MA 01453
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,060 SF | Negotiable | $11.50 /SF/YR $0.96 /SF/MO $92,690 /YR $7,724 /MO | Modified Gross |
1st Floor
- Sublease space available from current tenant
- Listed rate may not include certain utilities, building services and property expenses
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.
SITE PLAN
SELECT TENANTS AT 126 MECHANIC ST, LEOMINSTER, MA 01453
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Consumer Auto Parts
- Automotive
- 21
- Regional
- Dinh & Co Corp
- Public Administration
- 1
- -
- Family Dollar
- Dollar/Variety/Thrift
- 11,087
- National
- Metro By T-mobile
- Wireless Communications
- 12,570
- National
- Robert Bolio
- -
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Consumer Auto Parts | Automotive | 21 | Regional |
| Dinh & Co Corp | Public Administration | 1 | - |
| Family Dollar | Dollar/Variety/Thrift | 11,087 | National |
| Metro By T-mobile | Wireless Communications | 12,570 | National |
| Robert Bolio | - | 1 | - |
PROPERTY FACTS FOR 126 MECHANIC ST , LEOMINSTER, MA 01453
| Total Space Available | 8,060 SF | Year Built/Renovated | 1930/1996 |
| Property Type | Retail | Parking Ratio | 1.77/1,000 SF |
| Property Subtype | Storefront | Cross Streets | Laurel |
| Gross Leasable Area | 20,043 SF |
| Total Space Available | 8,060 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 20,043 SF |
| Year Built/Renovated | 1930/1996 |
| Parking Ratio | 1.77/1,000 SF |
| Cross Streets | Laurel |
ABOUT THE PROPERTY
Kelleher & Sadowsky is pleased to present the desirable end-cap unit of 126 Mechanic Street as available for sublease. Formally occupied by Consumer Auto Parts, this 8,060 square foot end-cap location has a dedicated loading dock, over 60feet of frontage, and great signage opportunities on both the building and the large monument sign. 126 Mechanic Street is extremely well located with many strong retailers and lots of residential units around it, just 1-mile from I-190, and Route2, providing easy access for customers and employees. Zoned Commercial (C), 126 Mechanic Street can be used by a wide variety of retail users, service providers, and even more flex industrial tenants. Call us today to schedule a tour!
- Signage
NEARBY MAJOR RETAILERS
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126 Mechanic St
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