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281-283 Cabot St
2,439 SF of Retail Space Available in Beverly, MA 01915
Highlights
- 2439 SF
- Down Town Beverly with Multiple Amenaties
- Shadowed by The Larcom Theater
- 28,000 Vehicles per Day
- Shadowed by The Cabot Theater
- Shadowed by The Cabot Lodge Hotel
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 | 2,439 SF | 8’ | Negotiable | $5.00 /SF/YR $0.42 /SF/MO $53.82 /m²/YR $4.48 /m²/MO $1,016 /MO $12,195 /YR | Modified Gross |
1st Floor
This is would make ideal Dry Storage or Maker space, has two large work area, with third room for storage, two bathrooms. Located in the Art and Theater District. This space is lower level with updated LED lighting | two rest rooms | two large open areas | a centrally located reception area with water. Back entrance that opens to a private alley | Zoning is CC which allows for many uses by approval or acceptation. This space is located in the very desirable downtown area of the City of Beverly.
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Finished Ceilings: 8’
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 281-283 Cabot St, Beverly, MA 01915
- Tenant
- Description
- US Locations
- Reach
- Montserrat College of Art
- Arts, Entertainment, and Recreation
- -
- -
| Tenant | Description | US Locations | Reach |
| Montserrat College of Art | Arts, Entertainment, and Recreation | - | - |
PROPERTY FACTS FOR 281-283 Cabot St , Beverly, MA 01915
| Property Type | Retail | Gross Leasable Area | 8,218 SF |
| Property Subtype | Storefront | Year Built | 1906 |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 8,218 SF |
| Year Built | 1906 |
About the Property
Great Maker Space - Storage - 2 Large Rooms - 2 Bathrooms Located in the Art and Theater District. This space is lower level with updated LED lighting | two rest rooms | two large open areas | a centrally located reception area with water. Back entrance that opens to a private alley | Zoning is CC which allows for many uses by approval or acceptation. This space is located in the very desirable downtown area of the City of Beverly.
Nearby Major Retailers
Presented by
281-283 Cabot St
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