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Village Mall 436 Broadway St
2,200 SF of Retail Space Available in Methuen, MA 01844
Highlights
- The Village Mall is a 94,000 +/- square foot shopping center.
- Centrally located at the intersection of Routes 28, 213 and I-93.
- Village Mall borders Salem, New Hampshire’s primary shopping area.
- A diverse tenant mix including Jo-Ann Fabrics, Harrows, Dollar Tree, Ellies Farmhouse Restaurant, and Texas Roadhouse.
- Excellent visibility and access with a fully lighted intersection that sees over 50,000 vehicles per day.
- Neighbor to the Mall at Rockingham Park, the new Tuscan Village Development, Lowe’s, Home Depot, Market Basket, Best Buy, and Target.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste C - Pad | 2,200 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
436 Broadway St - 1st Floor - Ste C - Pad
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 436 Broadway St , Methuen, MA 01844
| Center Type | Neighborhood Center | Gross Leasable Area | 88,229 SF |
| Parking | 453 Spaces | Total Land Area | 10.22 AC |
| Center Properties | 1 | Year Built | 1982 |
| Frontage | 526’ on Broadway Ave | Cross Streets | Rosewood Rd |
| Center Type | Neighborhood Center |
| Parking | 453 Spaces |
| Center Properties | 1 |
| Frontage | 526’ on Broadway Ave |
| Gross Leasable Area | 88,229 SF |
| Total Land Area | 10.22 AC |
| Year Built | 1982 |
| Cross Streets | Rosewood Rd |
About the Property
The Village Mall is a 92,646 +/- SF shopping center located within a heavily traveled retail corridor in the community of Methuen, MA. The center is anchored by a diverse tenant mix including Jo-Ann Fabrics, Ellie’s Farmhouse Restaurant and Dollar Tree. Adjacent to the Texas Roadhouse Restaurant, the property boasts excellent visibility and access with a fully lighted intersection that sees over 50,000 vehicles per day. Centrally located at the intersection of Routes 28, 93 and 213, the shopping center borders Salem, New Hampshire’s primary shopping area. Village Mall is neighbor to the Mall at Rockingham Park, the new Tuscan Village Development, Lowe’s, Home Depot, Market Basket, Best Buy, Target and a variety of other top tier retailers. Landlord is in possession of a fully permitted 2,200 sf pad site with drive-thru.
- Dedicated Turn Lane
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Contacts
-
Chris McMahon -
Travis Ginsberg -
Danny Schwarz -
Gabrielle Siddiqi -
Summit Realty Partners
Presented by
Village Mall | 436 Broadway St
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