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272 Elm Street 272 Elm St
2,282 - 5,646 SF of Retail Space Available in New Haven, CT 06511
Highlights
- Great opportunity to open adjacent to LL Bean's first university location
- Enjoy the energetic shopping environment of The Shops at Yale.
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 3,364 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
2nd Floor | 2,282 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
1 space available that includes 2 floors: 1st floor is 3,364 SF and 2nd floor is 2,282 SF, for a total of 5,646 rent able square feet for a single tenant user.
- Can be combined with additional space(s) for up to 5,646 SF of adjacent space
2nd Floor
1 space available that includes 2 floors: 1st floor is 3,364 SF and 2nd floor is 2,282 SF, for a total of 5,646 rent able square feet for a single tenant user.
- Can be combined with additional space(s) for up to 5,646 SF of adjacent space
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 272 Elm St , New Haven, CT 06511
About the Property
Total building is 13,565 sf of retail space with 4 floors of graduate student housing above. Join 2nd Street Retail in this new construction building ideally located in The Shops at Yale at the Broadway Retail District. Other retailers include Apple, J-Crew, Barnes and Noble, Urban Outfitters, Blue Mercury, Warby Parker among other great retailers and restaurants. Great opportunity to open adjacent to Yale University and enjoy the energetic shopping environment of The Shops at Yale. Convenient easy public parking lot immediately in front of the building! Yale has 13,433 undergraduate and graduate students and 4,739 faculty members. Moreover, Yale University is the city’s largest employer. Yale’s endowment has $40 billion under management (2018), the 2nd largest endowment of any educational institution in the world Yale was founded in 1701, giving it a 323-year track record of successful operation. Along with Yale, healthcare (hospitals, biotechnology), professional services (legal, architectural, marketing, and engineering), financial services and retail trade form the base of the city’s economy. New Haven is also home to Southern Connecticut State University, Albertus Magnus College and Gateway Community College.
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272 Elm Street | 272 Elm St
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