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Drivethru Pot'l-$42kYr1;$54k Yr 2; $60kYr3NNN 277 State St
1,500 SF of Retail Space Available in North Haven, CT 06473
Highlights
- Drive thru Permitted Subject to DOT Stacking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 1,500 SF | 8’ - 9’ | 5-10 Years | $28.50 /SF/YR $2.38 /SF/MO $42,750 /YR $3,563 /MO | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 8’ - 9’
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 277 State St , North Haven, CT 06473
| Property Type | Retail | Year Built | 1978 |
| Property Subtype | Freestanding | Parking Ratio | 9.15/1,000 SF |
| Gross Leasable Area | 1,640 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,640 SF |
| Year Built | 1978 |
| Parking Ratio | 9.15/1,000 SF |
About the Property
Located on State St right off Homewood Ave this property presents a versatile space in a high traffic area. The building was originally a European auto garage but was converted to retail for Big Brothers Big Sisters who rented the property for a period of years. Zoning permits a roster of uses ranging from retail to warehouse to industrial. As of March 2024, owner has decided to give preference to leasing. Our goal is to get the property back open, approved by the Town of North Haven and functioning as a permitted use. We welcome you and will work with you to accomplish the above. Please call/write to explore with Kenneth R. Labbe, Associate Real Estate Broker, Pyramid Real Estate Group, Cell - 860-891-8551, Desk Direct - 203-391-6805, Email - klabbe@pyramidregroup.com
Nearby Major Retailers
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Drivethru Pot'l-$42kYr1;$54k Yr 2; $60kYr3NNN | 277 State St
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