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1375-1401 Park Ave
1,450 SF of Retail Space Available in Cranston, RI 02920
Highlights
- Commuters pass by Morning, Noon and Night
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 | 1,450 SF | Negotiable | $19.00 /SF/YR $1.58 /SF/MO $27,550 /YR $2,296 /MO | Triple Net (NNN) |
1375 Park Ave - 1st Floor - Ste 4
Join one of the finest retail plaza's in Cranston's busy Park Avenue corridor with a built out cafe ready for a new chapter. This space has been providing locals and those coming from across the area great coffee, teas and pastries but it could be so much more. Buy it full equipped or just reuse its infrastructure, this is a rare G2 foodservice space in Cranston. With high-end neighbors, lots of visibility from the street and professional management keeping the plaza beautiful, you can bring your restaurant concept to life at Park Avenue Plaza.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Wheelchair Accessible
- Plug and Place Cafe
- Great Street Frontage
- Professional Management
- Great Tenants in the Plaza
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 1375-1401 Park Ave, Cranston, RI 02920
- Tenant
- Description
- US Locations
- Reach
- Domino’s
- Pizza
- 10,336
- International
- Health Mart Pharmacy
- Drug Store
- 5,932
- National
- Magnolia Salon
- Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Domino’s | Pizza | 10,336 | International |
| Health Mart Pharmacy | Drug Store | 5,932 | National |
| Magnolia Salon | Services | 1 | - |
PROPERTY FACTS FOR 1375-1401 Park Ave , Cranston, RI 02920
| Center Type | Strip Center | Frontage | 200’ on Park Avenue |
| Parking | 116 Spaces | Gross Leasable Area | 32,855 SF |
| Stores | 1 | Total Land Area | 3.29 AC |
| Center Properties | 3 | Year Built | 1968 |
| Center Type | Strip Center |
| Parking | 116 Spaces |
| Stores | 1 |
| Center Properties | 3 |
| Frontage | 200’ on Park Avenue |
| Gross Leasable Area | 32,855 SF |
| Total Land Area | 3.29 AC |
| Year Built | 1968 |
About the Property
Park Avenue Plaza is a large neighborhood center meeting the daily needs of Cranston, RI. It has an assortment of retailers, service providers and restaurants meeting affluent shoppers where they are. With a beautiful landscaped parking area, professional management and a central location, this is the plaza to do businesses in Cranston's central corridor.
- Bus Line
- Property Manager on Site
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
1375-1401 Park Ave
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