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1070 Washington St 800 - 1,600 SF of Office/Retail Space Available in Hanover, MA 02339
HIGHLIGHTS
- Located on Route 53 with huge daily traffic counts for visibility for your business!
- Flexible floor plan or build to suit options
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 800-1,600 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
1st Floor
First floor space available for immediate occupancy. Flexible floor plan provides the opportunity for many uses in the retail and office sectors. Whether you need an open floor plan, or private rooms/offices, this space can be modified to suit just about any layout criteria. This building can also be converted to a build to suit option giving a great opportunity to create the perfect space for your intended use.
- Open Floor Plan Layout
- Direct street frontage on Route 53
- New Pylon Signage at Street
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
| Total Space Available | 1,600 SF | Property Subtype | Storefront Retail/Office |
| Min. Divisible | 800 SF | Gross Leasable Area | 2,000 SF |
| Property Type | Retail | Year Built | 1950 |
| Total Space Available | 1,600 SF |
| Min. Divisible | 800 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,000 SF |
| Year Built | 1950 |
ABOUT THE PROPERTY
Location Location Location. This property boasts the opportunity to bring your business ideas to life, either within the existing building which offers a flexible layout for a multitude of retail/office uses that can be tailored to your specifics, or for a build to suit option which can be customized to fit your business needs with a 2,000 Sf footprint! Located on the highly travelled Route 53 in Hanover, boasting average daily traffic counts of 20,000+ cars. Close proximity to the highway at Exit 32 off of Route 3. Hanover Crossing, a high end open shopping complex, along with Target, and many other major retailers, restaurants and shops, bring life to this popular South Shore area.
- Pylon Sign
NEARBY MAJOR RETAILERS
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1070 Washington St
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