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Kensington Retail Center 239 Eastern Blvd
1,500 SF of Retail Space Available in Hagerstown, MD 21740
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3 | 1,500 SF | Negotiable | $19.25 /SF/YR $1.60 /SF/MO $207.21 /m²/YR $17.27 /m²/MO $2,406 /MO $28,875 /YR | Triple Net (NNN) |
1st Floor, Ste 3
Retail space for lease! This newly constructed center is situated on the highly visible Eastern Blvd, centrally located in Hagerstown just off Dual Highway. Kensington Commercial Center boasts an excellent mix of various tenants bringing ample foot traffic to the center. Current tenants now include Verizon, SoldierFit, Sloan School of Music, Safron Bakery, Little Alex's Pizza, Meritus Medical Lab, Royal Nails and Atomic Wings. There is ONLY one bay left of approximately 1,500 square feet. Kensington Commercial Center is a development comprised of approximately 25,000 square feet of leasable space located at the intersection of Eastern Boulevard and Professional Court Extended in Hagerstown, Maryland. Traffic counts at this site are over 25,000 per day and increasing with the new connection of Professional Court to Robinwood Drive. This connection places Kensington Commercial Center within a mile of Meritus Medical Center and is thew new traffic hub in town. There is no better place in town to be. Don't miss out on the last space available.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
- Space is in Excellent Condition
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 239 Eastern Blvd , Hagerstown, MD 21740
| Property Type | Retail | Year Built | 2022 |
| Gross Leasable Area | 1,500 SF |
| Property Type | Retail |
| Gross Leasable Area | 1,500 SF |
| Year Built | 2022 |
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Wayne Alter - Dynamark Monitoring
Presented by
Dynamark Monitoring
Kensington Retail Center | 239 Eastern Blvd
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