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524 Route 7 S
7,000 SF of Retail Space Available in Milton, VT 05468
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,000 SF | Negotiable | $12.00 /SF/YR $1.00 /SF/MO $129.17 /m²/YR $10.76 /m²/MO $7,000 /MO $84,000 /YR | Modified Gross |
1st Floor
7,000 SF +/- Join Courtland Construction Corporation in this location. 7,000 SF +/- for lease. Entire site is being redeveloped. Owner plans to upgrade with 3-phase power. WW permit WW-4-5875, municipal water & sewer, natural gas, front & rear curb cut upgrades. Building will be insulated, have a new roof, have a level concrete floor, upgrades to lighting and heating, ADA bathroom. Multiple 10’x10' at grade overhead doors, loading dock, and small amount of office space possible. Clear height 12'-15' feet +/-. $12/SF + Utilities (gas, electric, water, trash). Utilities will be separately metered. Civil engineer online public information permit summary available – Andy Rowe civil engineer, andy@ldengineering.com Environmental engineer online public information summary available – Miles Waite, mwaite@waiteenv.com Milton Planning & Zoning. M4C zoning. Amanda Pitts apitts@miltonvt.gov
- Listed rate may not include certain utilities, building services and property expenses
- Partially Built-Out as Standard Retail Space
- Space is an outparcel at this property
- new roof
- level concrete floor
- upgrades to lighting and heating
- multiple 10’x10' at grade overhead doors
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 524 Route 7 S , Milton, VT 05468
| Property Type | Retail | Gross Leasable Area | 13,658 SF |
| Property Subtype | Freestanding | Year Built | 1960 |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 13,658 SF |
| Year Built | 1960 |
Features and Amenities
- Storage Space
-
Esther Lotz -
EstherJ. Lotz, Broker, LLC
Learn More About Leasing Retail Properties
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524 Route 7 S
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