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Piccadilly Plaza 490 Shrewsbury St
1,500 - 3,500 SF of Space Available in Worcester, MA 01604
Highlights
- Heavy Traffic
- 160 Parking Spaces
- Three Pylon Signs
- Iconic Restaurant, Retail and Office Center
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 3&4 | 2,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable | ||
| 1st Floor, Ste 6 | 1,500 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
490 Shrewsbury St - 1st Floor - Ste 3&4
Suite 3&4. Former Bridal Shop. First Floor, Divisible.
490 Shrewsbury St - 1st Floor - Ste 6
Fully Built-out Hair Salon.
- Fully Built-Out as Professional Services Office
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.
SITE PLAN
PROPERTY FACTS FOR 490 Shrewsbury St , Worcester, MA 01604
About the Property
Best location in Worcester! Prime retail space 1,000 SF to 4,000 SF on 1st floor, and office space available on 2nd floor and lower level. Excellent first floor retail opportunities include 2,000 SF former bridal shop sitting adjacent to the building's main lobby. Piccadilly Plaza has excellent signage and is situated at the gateway to downtown Worcester from the East. With signalized curb cuts on both Belmont Street (Rt. 9) and Shrewsbury Street, it has 3 Pylon signs, 160 parking spaces, and sits opposite the UMASS Medical Campus and Biotech Center. Wuxi Biologics across the street is opening soon with over 700 employees. Please call 508-735-5976 for more information.
- Restaurant
- Signage
Nearby Major Retailers
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Piccadilly Plaza | 490 Shrewsbury St
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